Nifty Analysis for 9/17/20 expiry week STRONG BULLISH
Nifty has closed above 11452- high made on 9/4.... Nifty can try and trap sellers Tomo... And shoot up and may face resistance at 11516/11586.... Nifty will attempt to cross 11700 for tp of 11737 positional view as nifty will try to fill the gap that happened on 31st Aug.... Nifty support is at 11432/11418.... Spot level....
OI Interpretation-
11400 strike has almost 994950 put addition which will act as a support.... 11500/11700/12000 has higherst call writing and it can act as resistance..
OI Interpretation-
11400 strike has almost 994950 put addition which will act as a support.... 11500/11700/12000 has higherst call writing and it can act as resistance..