27th May, 2017 :- NIFTY Daily Candle & Realtime P&F Chart

#NIFTY [Last Updated 26/05/2017] - Index had breached Support @ 9360/- in small time frame but, bounced sharply to 9600/- level & Closed at Lifetime High. Maximum Open Interest (OI) is at 9400 Put & 9600 Call Strike, signalling the near term Support & Resistance. Put Call Ratio (PCR) at 1.09 hints slight Bullish Sentiment.

21st May, 2017 :- NIFTY Daily (EOD) Chart

#NIFTY - Daily [Last Updated 19/05/2017] :- Index made a lifetime high of 9532/- but unable to sustain the level & managed to close forming a Shooting Star (Reversal Candle) in Weekly Chart. In Daily Charts it managed to sustain above the Uptrend Trend-line, still Indicators are in Divergent to Price. Point & Figure (P&F Chart) shows a clear support at 9380/- level. Put-Call-Ratio (PCR) is at 1.22, still supporting the Bullish sentiment. Maximum Open Interest (OI) can be seen at 9300 Put Strike followed by 9500 Call Strike, suggesting immediate Support & Resistance for the Index till these levels are intact.

13th May, 2017 :- NIFTY Daily (EOD) Chart

#NIFTY - Daily [Last Updated 12/05/2017] :- Index has been hitting New Highs & Higher Lows on Daily Charts and Converging. While Prices are making Higher Highs, Indicators are making Lower Highs, signalling Caution for Long Positions. Maximum Open Interest (OI) can be seen on 9500 Call Strike & 9300 Put Strike, acting as Strong Resistance & Support till these positions are intact. Point & Figure had breakout at 9380 & it is Retesting the same level at present. Put-Call-Ratio (PCR) is 1.21 which is supporting the Bullish sentiment.

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

#NIFTY - Realtime [Last Updated 05th, May 2017] :- Index has corrected after testing 9360/- level multiple times. Bearish candle was formed in Daily Chart & Bearish divergence is forming on Price & Indicators. Maximum Open Interest (OI) can be seen in 9300 Put Strike & 9400 Call Strike indicating short term Support & Resistance levels, till these positions are intact. Put Call Ratio (PCR) is 1.02 signalling Neutrality among Bulls & Bears.