This is Nifty 50, 1 hour time frame chart.
Nifty is going to bearish side is daily or weekly time frame but in 11300 to 11100 have strong support zone.
If Nifty break this level or this support zone which I draw then we can see more selling in Nifty
Nifty is going to sell side so people should to make new selling positions but in option chain here is different...
Kotak Bank have bearish crossover and triple top with three sell candle continues, which gives bearish scenario. equity derivatives also have heavy selling pressure.
sell below 1300, sl 1424, target 1200
Hindustan uniliver make doji candle and next candle is bearish but have strong support at this level. MACD also generate bearish crossover. wait for price action and sell below 2180, sl 2238, target 2120