Nifty Confirm Targets For 20 March 2023

Nifty Option Trading Strategy for Monday

One Hour Nifty50 Chart Analysis For Nifty Monday Prediction with key Support & Resistance

Buy Nifty If Closes One Hour Candle Above 17270
Sell Nifty On Every Resistance
Silicon Vally Bank & Credit suisse Bank Is Main Issue For Market Now


Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 16950 - 16965
Second Support Zone For nifty50 – 16870 - 16890
Third Support Zone For nifty50 – 16715 - 16735

Resistance Zones For nifty Intraday Trading

First Resistance Zone For Nifty – 17140 - 17155
Second Resistance Zone For Nifty – 17254 - 17265
Third Resistance Zone For Nifty – 17340 - 17350

Nifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.69 ( Bearish )
Max Pain As per Option Chain Analysis – 17100
Major Resistance as Per Nifty Open Interest Analysis – 17350
Major Support as Per Nifty Open Interest Analysis – 16850