Techincal bounce back is expected after mega fall on Friday.
Nifty Spot View: 26/12/2022
Cmp: 17806.80
Support & Downside Range: 17779.50--17680
Resistance & Upside Range: 17885—17935—17985—18050--18110
Short Term Trend Reversal Level: -- 18473.35
Nifty Option Chart
Trading View: in today's gap-up market key level to watch is the 17935—17985 spot zone after a gap up if bulls are unable to cross and sustain above this level then we may again see selling pressure to start in the market which may lead to nifty towards 17680 whereas break and sustain above 17985 spot bulls will go in the little safer zone and in that case, move gets extend towards 18050 minimum to max 18110 spot level.
We will be giving the Nifty option chart during the market hours and remember that this data is dynamic and keep changing with time and thus cannot be considered static.
Nifty - Current Expiry - Critical Option Analytics Data |
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Strongest Support | Strengthening Support | PCR | MaxPain | Strengthening Resistance | Strongest Resistance |
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17800 | 17800 | 0.66044 | 18000 | 18000 | 18000 |
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