Disclaimer: Information on this site is only for Education Purpose. Don't take our Articles as any Investment or Trading Advice, as we are not SEBI Registered.
Disclaimer: Information on this site is only for Education Purpose. Don't take our Articles as any Investment or Trading Advice, as we are not SEBI Registered.
Nifty is currently Trading above 22,000 and managed to sustain above it from the last 2 trading day, and Increase in Put OI indicates further Bullishness in the Market on 19th Feb 2024.
We are Expecting Nifty to break the Resistance level of 22,00 and make a New All time High, but if it opens Flat then Market may remain Sideways.
Bank Nifty closes in green Yesterday +0.68%, breaking the resistance of 46,200 level, and HDFC Bank is also ready for Reversal. Se We can look for market to Reach 47,000.
Nifty closes in Green on Wednesday, just above one of its major resistance level of 21800. Looking ahead for target of 22,000, after making a Double Bottom pattern on the hourly chart taking support at 21,535.
All Indian Market Indices closes in Green on Tuesday, and FII's are also bullish especially in Call Options indicating Further Upside Movement to 46,000, and 46,250 levels.
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