Nifty- Doji above 100EMA
Nifty closed on a aritical pivot 17213 with an indecisive doji candle today. With DII/FII net at 32cr, market remained neutral from the other participants as well. PCR at 1.09 dropped from yesterday-also indicates a neutral view of option writers as well.
If Nifty remains above 100EMA, net resistance is at 17375, if there is a gap down opening and 100EMA is breached, then 16800 is the next support.
CPR width is just 12 points tomorrow, so we can expect a trending market...probably with a downward bias.
Let us see how markets go tomorrow--there seems to be lack of momentum on either side.
**For levels for tomorrows trade-- you may want to check my twitter handle @OptionsNo11 -
Nifty & Bank Nifty levels - Vix , FII , CPR & options/ PCR data. The calculations are posted on this twitter handle @OptionsNo11 every night by around 10pm.
If Nifty remains above 100EMA, net resistance is at 17375, if there is a gap down opening and 100EMA is breached, then 16800 is the next support.
CPR width is just 12 points tomorrow, so we can expect a trending market...probably with a downward bias.
Let us see how markets go tomorrow--there seems to be lack of momentum on either side.
**For levels for tomorrows trade-- you may want to check my twitter handle @OptionsNo11 -
Nifty & Bank Nifty levels - Vix , FII , CPR & options/ PCR data. The calculations are posted on this twitter handle @OptionsNo11 every night by around 10pm.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.