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Nifty Analysis By @VIKASHBAGARIA
NIFTY 50 (17644.2)
โข THE HIGHEST CALL WRITERS ARE ACTIVE AT 17600-17700 WHICH CAN ACT AS STRONG RESISTANCE IN THE UPCOMING TRADING SESSION.
โข ON THE DOWNSIDE NIFTY HAVE AN IMMEDIATE SUPPORT AT 17500 LEVELS WHERE HIGHEST PUT WRITERS ARE ACTIVE.
โข THE INDEX HAS A STRONG RESISTANCE AT 41280 -41500 LEVELS.
โข NOW GOING FORWARD THE INDEX ONCE TRADES ABOVE 41250 THEN IT CAN SHOW HIGHER LEVELS OF 41750-41985 WITH SUPPORT PLACED AT 40856.
Nifty & Bank Nifty Analysis by @VIKASHBAGARIA
* The highest call writers are active at 17500 which can act as a strong resistance in the upcoming trading session.
* On the downside Nifty have an immediate support at 17300 levels where the highest put writers are active.