02nd May, 2018 :- NIFTY Daily Chart Analysis

#NIFTY - Daily [Last Updated 27/04/2018] :- Index has been in a Uptrend for a while, crossing & sustaining above most of Major Resistance hurdles. Next Stop can be 10800/- and downside Support at 10630-50/- levels. Max OI [Open Interest] at 10500/- Put and 11000/- followed by 10800/- Call Strikes shall act as near term Support & Resistance for the Index. PCR [Put Call Ratio] at 1.2 still signals overall Bullish sentiment intact.








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