Nifty- 18032 critical level tomorrow
Nifty made a green bullish candle comfortably above support of 17693. On upside 18032 will act as a resistance, Next resistance level is 18120/18353. If market reverses from 18032 then 17873/17731/17693/17497 will act as support levels.
PCR remains unchanged today- option writers remain bullish. Max pain level for expiry as per option data is at 17850.
FII+DII bought again this session for 1609cr - no wonder the fears of uncertainty due to omicron are camouflaged by massive buying. Net huge buying support has happened for 4th consecutive trading session since 31st dec.
CPR tomorrow is wide and will act as a resistance. All indications are of strong momentum upwards with strong CPR support.
PCR remains unchanged today- option writers remain bullish. Max pain level for expiry as per option data is at 17850.
FII+DII bought again this session for 1609cr - no wonder the fears of uncertainty due to omicron are camouflaged by massive buying. Net huge buying support has happened for 4th consecutive trading session since 31st dec.
CPR tomorrow is wide and will act as a resistance. All indications are of strong momentum upwards with strong CPR support.
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