NIFTY BULLISH BREAKOUT ZONE 24000 NIFTY BEARISH BREAKOUT ZONE 23750 OPEN INTEREST UPDATES IN OPTION CHAIN: HIGHER OPEN INTEREST SEEN @ 24000 CALL & 23800 PUT. AS PER OPTION CHAIN ANALYSIS INDEX LOOKS STILL RANGEBOUND AND AS PER OPTION CHAIN ANALYSIS 24000 LOOKS STRONG RESISTANCE LEVEL AND 23800 LOOKS STRONG SUPPORT LEVEL. CRUDE OIL AND OTHER COMMODITIES ARE TRADING IN NARROW RANGE. GEOPOLITICAL TENSION BETWEEN AMERICA AND IRAN STILL CONTINUE. FII LOOKS SILENT IN DERIVATIVE MARKET NOT SEEN ANY BIG MOVEMENT IN INDEX DERIVATIVE. FII LONG RATIO IN INDEX FUTURE IS AROUND 11%. AND THIS RATIO IS ALMOST FLAT IN LAST 5 DAYS INDICATES FII IS FOLLOWING WAIT & WATCH STARTEGY. DURING INTRADAY IF NIFTY MAINTAIN 24800 SUPPORT LEVEL THEN TRADER CAN BUY WITH 24000 LEVEL.

MAZDOCK

#TechnicalViews

854 likes·60 comments