NIFTY Daily Chart (8-Sep-26 close 23635📉)
Technical breakdown accelerates as Trendline and horizontal supports give way
1️⃣ Trendline & Moving Average Breakdown #Nifty50 has decisively broken below both its 200D-EMA and the multi-month rising trendline support . Index continues to record a series of lower highs and lower lows.
2️⃣ Key Levels 23787 the broken Supports turned Resistance. Any pullbacks toward these zones are likely to face strong overhead supply.
23600 crucial Demand Zone #Nifty directly testing the horizontal support zone around 23600 to 23635 A clean daily close below 23,600 threatens a deeper corrective leg toward 23070.
3️⃣ Price Structure: The sharp drop of -144 (-0.61%) following the trendline break confirms strong bearish momentum with rallies getting repeatedly sold into near resistance levels.
👇 DYOR | For educational purposes only | Not investment advice
#TechnicalAnalysis #StockMarketIndia
Every expiry, the same CAS story.
After 3:20 PM, volatility hits its peak — option premiums swing violently within https://t.co/IzFPxe5YaZ this really price discovery?
SEBI needs to bring in changes as soon as possible to stop this expiry-day drama due to CAS. 📉
📊 04 Sep 2026 Close
#Nifty 50 @ 23897 | PCR 87.33%
Top 3 Call strike with highest OI - 24000, 24200, 24100
Top 3 Put strike with highest OI - 23900, 23800, 23500
PCR cools to 0.87 as Wall was defend at 24000
Max Pain stays at 23950, keeping price action bound within expected move limits.
Resistance Wall - 24000 CE remains the heavy primary resistance (1.66 Cr OI), followed by 24100 and 24200 call writing.
Support Base - 23900 PE (1.26 Cr OI) & 23800 PE (1.14 Cr OI) are attempting to build an immediate floor, with major structural support lower at 23500.
Daily Chart Structure - Nifty remains under pressure beneath its declining 200D-EMA near 24300. A breakdown below the immediate demand zone at 23787 threatens a retest of major support at 23600.
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DYOR | For educational purposes only | Not investment advice
#Nifty50 #OptionsTrading #StockMarketIndia
The company is moving in the right direction but outcomes can take longer than expected time.
Annual reports are a great source of information in such companies.
(Shivalik Rasayan - FY26 AR)
D - No reco. I am holding personally but for long term. DYOR before buy/sell.
📊 03 Sep 2026 Close #Nifty50 @ 23873 | PCR 72.61%
Bears holding firm as PCR slides to 0.726 📉
Call Writers Dominating: Heavy Call writing at 24000 and 24100
Fresh intraday CE addition near +1 Cr around 24000–24050 confirms a strong supply wall overhead.
#Nifty remains suppressed below key pivot 24026. Price rejected hard from 24144 and is currently consolidating near the 23787 support low, well below the 200D-EMA.
• Upside Resistance: 24026 Needs a clean break & hold for short-covering toward 24144
• Downside Support: 23787 Breach opens room toward Max Pain at 23500.
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DYOR | For educational purposes only | Not investment advice
#Trading #OptionsTrading #StockMarketIndia