● After a significant decline from its all-time high, Nifty found strong support near the 22,000 level.
● Since then, the index has rebounded and recently breached its trendline resistance, signaling a potential shift in market sentiment. 🚀
📊 Open Interest (OI) Data Analysis:
● The OI data indicates a substantial increase in put open interest at the 23,000 strike price, establishing this level as a key immediate support.
● Conversely, the 23,500 strike price has emerged as a strong resistance zone, with the highest concentration of call OI.
❓ Key Question:
Has the Nifty truly bottomed out, or is there still room for further correction? 🤔
💬 Share your insights and perspectives in the comments below! 👇
● Since then, the index has rebounded and recently breached its trendline resistance, signaling a potential shift in market sentiment. 🚀
📊 Open Interest (OI) Data Analysis:
● The OI data indicates a substantial increase in put open interest at the 23,000 strike price, establishing this level as a key immediate support.
● Conversely, the 23,500 strike price has emerged as a strong resistance zone, with the highest concentration of call OI.
❓ Key Question:
Has the Nifty truly bottomed out, or is there still room for further correction? 🤔
💬 Share your insights and perspectives in the comments below! 👇
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t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
🌐 goodluckcapital.com
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.