25th Feb, 2018 :- NIFTY Daily Chart Analysis

#NIFTY - Daily [Last Updated 23/02/2018] :- Index has been holding firmly above Support of Uptrend Channel. Current level of 10500-10550 shall be crucial, as Hold above it can give rise to a new Bull Run for Target of 10750/- to 11000/- and in case of failure can test 10300/- to 10100/- levels. Increasing PCR [Put Call Ratio] at 1.07 with Max. OI [Open Interest] at 10000/- followed by 10400/- Put Strike & 10700/- followed by 10500/- Call Strike shall act as immediate Support & Resistance for the Index respectively.

21st Feb, 2018 :- NIFTY Daily Chart Analysis

#NIFTY - Daily :- Index has been sustaining above the Lower Support of Uptrend Channel. Next strong Resistance is at 10500 level. For New Option Series [March Expiry] Max. OI [Open Interest] is at 10000 followed by 10200 Put Strikes & 11000 followed by 10600 Call Strikes, suggesting the near term Support & Resistance for the Index.

13th Feb, 2018 :- NIFTY Daily Chart Analysis

#NIFTY - Daily [Last Updated 12/02/2018] :- Index tested Lower Support for Uptrend Channel & sustained above major 10450/- support which signals overall trend as positive. Slightly increasing PCR [Put Call Ratio] at 0.89 with Max. OI [Open Interest] of 10000/- followed by 10500/- Put Strike & 11100/- followed by 11000/- Call Strike shall act as immediate Support & Resistance for the Index.