26th Mar, 2018 :- NIFTY Daily Chart Analysis

#NIFTY - Daily [Last Updated 23/03/2018] :- Index breached its major Support and closed below 10000/- for the Week. Next major Support is seen at 9700/- level. Increasing OI [Open Interest] at 10000 Call Strike suggests a Resistance being built along with 9900 Put Strike as near term Support. Decreasing PCR [Put Call Ratio] at 0.75 still signals Bearish view intact.

04th Mar, 2018 :- Where is NIFTY heading??

#NIFTY - If last 10 years FII/DII data is to be trusted, several months of FII's Selling is followed by bottoming on Index & beginning of major Rally. So, NIFTY should start another leg of a major rally sooner than expected as similar phenomena can be seen recently.