Nifty50 analysis(10/4/2026).NIFTY50 INTRADAY ANALYSIS:
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CPR: narrow +descending = tend bearish.
FII:-1,711.19 sold.
DII: 955.90 bought.
Highest OI:
CALL OI: from 24000
PUT OI: 23800 and 23500.
Resistance: 24500
Support : 23800
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conclusion:
My pov:
1.if price resist at cpr and breaks support line(23800) with huge volume.(bearish).
2.todays close was an important one.
3.if market did not close below 200ma , so price can be supported by 20ma line and rise.(bullish).
4.24000 has a huge oi resistance and 23500 has huge oi support .
psychology fact:
The biggest risk is not taking any risk. In a world that is changing quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
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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.
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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.
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Short
