Thursday, January 26, 2023

Nifty Confirm Targets with Support and Resistance For Friday

Next Weekly Expiry on 02 Feb 2023

Support Zones For nifty Intraday Trading

First Support Zone For nifty50 – 17870- 17880
Second Support Zone For nifty50 – 17775 - 17790
Third Support Zone For nifty50 – 17650 - 17660

Resistance Zones For nifty Intraday Trading

First Resistance Zone For Nifty – 18015 - 18030
Second Resistance Zone For Nifty – 18074 - 18080
Third Resistance Zone For Nifty – 18170 - 17180

Importent Signal from Nifty Option Chain

PCR ratio as per Option Chain Analysis – 0.51 ( Bearish )
Max Pain As per Option Chain Analysis – 17950
Major Support as Per Nifty Open Interest Analysis – 17500
Major Resistance as Per Nifty Open Interest Analysis – 18050

Conclusion -
nifty Given Down Side Movement to monthly expiry mostly on Monthly expiry Market move donside
As per Our Conclusion nifty moves towards its Major Support if This Support will break , then Next major Support for Banknifty will be
17450 - 17500
Try To Buy Future Conract or Call Option Near Support Zone and Pur Near Resistance Zone as well as Book Profit At Support & Rsistance Zone
Try to Short nifty at every Resistaance and Book Profit Near Support Zone
Expecting Big Moves in Near Budget 2023 Prepraion is Going on .
Gold Future Contract Reaches Near All Time High

Nifty Confirm Targets India Share Market

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