Nifty: Monday - 16/01/23

Nifty Intraday Levels:

Chart: Logic: Levels:
Support: 17940, 17875, 17790, 17760
Resistance: 18000, 18040, 18080, 18140

OI Data:

---------------------------------------------------------------------|
Nifty => Price: 17956.6
ATM: 17950 , ITM: 17900, 17850, 17800 , OTM: 18000, 18050, 18100
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 17900
Highest OI Put in Nifty per OI data: 17900
Nearest Major Resistance in Nifty per OI data: 18050
Nearest Major Support in Nifty per OI data: 17950
---------------------------------------------------------------------|

Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18000 | 17960 | 18050 | 18100
-----------------------------------------
SELL | < 17860 | 17900| 17800 | 17750
+++++++++++++++++++++++++++++++++++++++++