DUE TO HEALTH PROBLEM, I AM NOT IN A POSITION TO UPDATE ON DAILY BASIS. HOWEVER, WILL TRY TO UPDATE ON WEEKLY BASIS. ONE MAY WATCH THE DATA THAT ARE BEING UPDATED AUTOMATICALLY ON DAILY BASIS.
Nifty seen volatile move during the day and finally closed at 5215.70 with a loss of 12.05 points.
NOW, 5260 WILL ACT AS RESISTANCE. 5170 MAY ACT AS SUPPORT. BELOW 5170, 5100/5070 WILL BE MAJOR SUPPORT.
For today, WATCH 5200 LEVEL AS SUPPORT. BELOW 5200 LEVEL, IT MAY HIT 5170 ON INTRADAY BASIS. ON THE UPSIDE 5260 MAY ACT AS RESISTANCE. ABOVE 5260, GATE WOULD BE OPENED FOR 5330 AND 5400 IN SHORT TERM
From options data (Read OI analysis page), highest options base has been shifted to 5000 & 5100 puts and 5400 & 5500 calls indicating that as of now 5100 may act as support and 5400 will act as resistance in this series.
Nifty seen volatile move during the day and finally closed at 5215.70 with a loss of 12.05 points.
NOW, 5260 WILL ACT AS RESISTANCE. 5170 MAY ACT AS SUPPORT. BELOW 5170, 5100/5070 WILL BE MAJOR SUPPORT.
For today, WATCH 5200 LEVEL AS SUPPORT. BELOW 5200 LEVEL, IT MAY HIT 5170 ON INTRADAY BASIS. ON THE UPSIDE 5260 MAY ACT AS RESISTANCE. ABOVE 5260, GATE WOULD BE OPENED FOR 5330 AND 5400 IN SHORT TERM
From options data (Read OI analysis page), highest options base has been shifted to 5000 & 5100 puts and 5400 & 5500 calls indicating that as of now 5100 may act as support and 5400 will act as resistance in this series.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.
