Nifty in Trouble

٢٢ يناير ٢٠٢٠

Immediate support is placed in the zone of 12130 and12050 levels. Considering the options, OI is maximum for 12300CE and 12200PE. Clearly a bearish sign at least for 23JAN expiry options. The MACD indicator shows a bearish crossover. But dynamic weak support at 50ema is also possible.