Closed @ 10817
EMA 10 @ 10770
EMA 20 @ 10723
EMA 50 @ 10637
Resistances: 10850,10950
WEEKLY PIVOT: 10825
Supports: 10770,10670,10550
Dear traders,
NIfty is still holding 10700 strongly and closed at 10816, nifty making advance block candle pattern on weekly chart and in daily chart it made Hanging man like candle
on daily chart at trendline is also resisting around 10840 as of now if nifty will be able to hold 10800 weekly pivot then it can go in upside up to 10900 and 11200
As maximum open interest is on 10700 PE and then 10600 PC in call side maximum oi is 11000CE
as nifty is very volatile so trade according levels which is acting as strong support or resistence.
Thanks,
No comments:
Post a Comment