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.







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