It is important to observe the put call ratio and where more puts or calls are being written.Nifty has highest open interest in puts at 16000 means that support for the market is at 16000 and highest calls are written at 17000/16800 means these levels ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | It is important to observe the put call ratio and where more puts or calls are being written.Nifty has highest open interest in puts at 16000 means that support for the market is at 16000 and highest calls are written at 17000/16800 means these levels are going to be the resistance for the day.Similarly we can use the Bank Nifty Put call ratio to arrive at the support and the resistance.Read Interesting analysis that with each $1 Trillion increase in economy, Nifty has increased by 6000 points.So, we can safely say Nifty will touch 26000 levels by 2026 for sure and thus be ready for investment with a long term view.If intraday is on your mind than start small say Rs 5000-10000 and you are on a path of minting money using our Bank Nifty option tips everyday. BankNifty Spot View For: 02/06/2022Cmp: 35620.80Support & Downside Range: 35285—34820--34400Resistance & Upside Range: 36150—36385--36728Short Term Trend Reversal Level: -- Trading View: bank nifty has formed double bottom on daily charts near 35285 levels which is giving clear indication that fresh selling once we sustain in live market below this level for 1hr or we get decent close below this | |