17th March, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime :- Index broke-out from its consolidation range & made Lifetime High of 9218.4/- As seen from Open Interest (OI) concentration plot 8800/- shall act as psychological Support & 9200/- as Resistance in near term. Put Call Ratio (PCR) for current month is @ 1.23 and has been increasing, supporting Bullish sentiment as of now.

10th March, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime :- Index is still trading in consolidation between 8880/- & 8980/- levels. Open Interest (OI) Concentration shows maximum positions @ 9000 Strike Call, which shall be a Major hurdle to Cross, till these positions are intact. Put Call Ratio (PCR) is @ 0.81 which is decreasing day by day, supporting Bearish sentiment.

07th March, 2017 :- NIFTY - Realtime :- Point & Figure Chart [20 x 2]

#NIFTY - Realtime :- Index has consolidated for sometime now. A shorter term Breakout & Breakdown will be @ 9000/- & 8860/- respectively. Open Interest (OI) Concentration shows dense positions in 9000 Call & 8800 Put strikes, acting as Resistance & Support till these positions remain highly populated. Put Call Ratio (PCR) @ 0.93 supports Bearish view in Index.