Nifty50 analysis(2/3/2026)Expiry.NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: WIDE + descending cpr: CONSOLIDATION.
FII: -7,536.36 sold.
DII: 12,292.81 bought.
Highest OI:
CALL OI: 25500 to 26000.
PUT OI:25400 and 25200.
Resistance: - 25500
Support : 25000 and 24900
=================================================================================
conclusion:
My pov:
1.Gap down of 100 points, and today is expiry so volatile is present.
2. 200ma line is crossed on all timeframe. this shows highly bearish for further down move the price resist at 200ma then down trend continues.
3.DII has supported the market last Friday, so 25000 has be the support and resistance will the 25300.
4.so market takes support around some resistance and from there consolidate around or retest to 25300.
5.if today close above the opening means good if not then bad.
==================================================================================
NOTE:
1.Tuesday is Holi day , market is holiday. so Monday is expiry.
2.us - iran war is the uncertanity
psychology fact:
All technical indicators generate accurate signals along with a lot of false ones.-Naved Abdali
==================================================================================
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
