Nifty One Hour Chart Analysis For Intraday Trading

Support and Resistance for Intraday Trading


Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18210 - 18220
Second Support Zone For nifty50 – 18150 - 18160
Third Support Zone For nifty50 – 18060 - 18070


Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 18290 - 18300
Second Resistance Zone For Nifty – 18377 - 18388
Third Resistance Zone For Nifty – 18444 - 18455

Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.49 ( Bearish )
Max Pain As per Option Chain Analysis – 18300
Major Support as Per Nifty Open Interest Analysis – 18000
Major Resistance as Per Nifty Open Interest Analysis – 18400