Nifty Daily Levels Update For Option Day Trading

Nifty ConfirmTarget 13 December 2022

Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18444 - 18455
Second Support Zone For nifty50 – 18380 - 18385
Third Support Zone For nifty50 – 18298 - 18314


Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 18554 - 18547
Second Resistance Zone For Nifty – 18615 - 18608
Third Resistance Zone For Nifty – 18680 -18670

Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.7 ( Bearish )
Max Pain As per Option Chain Analysis – 18500
Major Support as Per Nifty Open Interest Analysis – 18400 /18300
Major Resistance as Per Nifty Open Interest Analysis – 18600