NIFTY CONFIRM TARGETS FOR 09 JAN 2023

Nifty One Hour Chart Analysis For Intraday Fuure & Option Trading


Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 17775 - 17790
Second Support Zone For nifty50 – 17650 - 17660
Third Support Zone For nifty50 – 17550 - 17560

Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 17910- 17920
Second Resistance Zone For Nifty – 18000- 18015
Third Resistance Zone For Nifty – 18122 - 18132


Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.57 ( Bearish )
Max Pain As per Option Chain Analysis – 18050
Major Support as Per Nifty Open Interest Analysis – 17800
Major Resistance as Per Nifty Open Interest Analysis – 18000