ConfirmTarget for Nifty50 Future and Option 20 December 2022

Nifty Targets by Support and Resistance

Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18377- 18387
Second Support Zone For nifty50 – 18290 - 18300
Third Support Zone For nifty50 – 18250 - 18260

Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 18455 - 18444
Second Resistance Zone For Nifty – 18548 - 18534
Third Resistance Zone For Nifty – 18615 - 18608

Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.83 ( Bearish But Near to Bullish )
Max Pain As per Option Chain Analysis – 18400
Major Support as Per Nifty Open Interest Analysis – 18300
Major Resistance as Per Nifty Open Interest Analysis – 18600