Nifty Review & Analysis - Daily
Price Action :
Nifty opened slight gap-up and consolidated whole day around 23700 levels. Overall it was an inside candle day with sideways movement. 23800 was a resistance for the day. Price action was flat positive.
Trend:
Nifty was sideways
Options Data:
23700 saw good Put writing and 23800 saw Call addition suggesting Nifty in a 100-150 point range.
PCR improved to 0.78
Futures Data:
FII Long/Short ratio was at 18% last trading session.
Nifty Futures closed positively with addition in Open Interest suggesting bullish bias in immediate short term.
Outlook for Next Session:
overall Nifty is Bearish. Might consolidate around 23600-23900 before any movement up or down.
Positons:
Wait and watch with no positions.
Buy on dips around 23500 for tgt 23700 or
Sell around 23820 for tgt 23650 or
buy above 23950 for tgt 24200+
Nifty opened slight gap-up and consolidated whole day around 23700 levels. Overall it was an inside candle day with sideways movement. 23800 was a resistance for the day. Price action was flat positive.
Trend:
Nifty was sideways
Options Data:
23700 saw good Put writing and 23800 saw Call addition suggesting Nifty in a 100-150 point range.
PCR improved to 0.78
Futures Data:
FII Long/Short ratio was at 18% last trading session.
Nifty Futures closed positively with addition in Open Interest suggesting bullish bias in immediate short term.
Outlook for Next Session:
overall Nifty is Bearish. Might consolidate around 23600-23900 before any movement up or down.
Positons:
Wait and watch with no positions.
Buy on dips around 23500 for tgt 23700 or
Sell around 23820 for tgt 23650 or
buy above 23950 for tgt 24200+
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.