Nifty Daily Levels Update For Option Day Trading

Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18534 - 18548
Second Support Zone For nifty50 – 18444 - 18455
Third Support Zone For nifty50 – 18380 - 18385


Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 18615 - 18608
Second Resistance Zone For Nifty – 18680 -18670
Third Resistance Zone For Nifty – 18730 -18723

Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.89 ( Bearish )
Max Pain As per Option Chain Analysis – 18600
Major Support as Per Nifty Open Interest Analysis – 18500
Major Resistance as Per Nifty Open Interest Analysis – 18600 /18700