#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.
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