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.







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