Nifty: Wednesday - 08/03/23

Levels:
Support: 17720, 17630, 17530, 17470
Resistance: 17800, 17830, 17900

OI Data:

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Nifty => Price: 17711.45
ATM: 17700 , ITM: 17650, 17600, 17550 , OTM: 17750, 17800, 17850
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Highest OI Call in Nifty per OI data: 17800
Highest OI Put in Nifty per OI data: 17500
Nearest Major Resistance in Nifty per OI data: 17950
Nearest Major Support in Nifty per OI data: 17650
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Trade setup:

+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 17750 | 17710 | 17850 | 17900
-----------------------------------------
SELL | < 17680 | 17720 | 17550 | 17500
+++++++++++++++++++++++++++++++++++++++++
niftytrendTrend Analysis

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