Nifty End-of-Day Analysis Helps Traders to Understand the Nifty Sentiment and Identify Potential Trading Opportunities for the Next Trading Day
Support Zones for Nifty are as Given Below S1- 19367 S2- 19303 S3 -19260
Resistance Zones for Nifty are as Given Below R1- 19440 R2 -19480 R3 -19515
Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis -0.65 ( Bearish) Max Pain As per Option Chain Analysis -19400 Major Resistance as Per Nifty Open Interest Analysis -19400 /19450 Major Support as Per Nifty Open Interest Analysis - 19300
Long Opportunity in Nifty for Intraday Trading On Expiry Nifty CLoses at 19370 On Friday First Buying opportunity is Near 19370 Upside Targets for Nifty are 19440,19480
Nifty Short opportunity As we Know Nifty is in a short-term Down Trend, If Not sustained below 18360 then it's a short opportunity and the target is 19260, 19180, If you want to take a short trade keep a small stop loss.