#NIFTY - Weekly [Last Updated 17/11/2017] :- Index recovered from its Weekly Low (also 50 DMA level), to form a Hammer Candle at Close. Overall trend remains positive. PCR [Put Call Ratio] at 0.90 with Max. OI [Open Interest] of 10200/- Put and 10500/- Call Strikes, that shall act as Immediate Support & Resistance. Rising OI in 10300/- Put & 10400/- Call Strikes also suggest a likely sideways movement between the levels in coming sessions, as long as these levels remains intact.
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