Technical looks that price after a short strong selling pressures Its reverse from its newly formed short-term support zone will be at 10695, After forming support chart having strong buying we are anticipating 3 three patterns which 2nd drive going on, anticipating bullish from the level of 10555, Resistance will be at 10983.
MAJOR SUPPORT 10900, 10800, IF IT BREAK NEXT WILL BE 10500
OPTION CHAIN ANALYSIS:
WINNER: PUTT WRITING
HIGHEST PUT WRITING LEVELS: 10900, 10800, 10700
HIGHEST CALL WRITING LEVELS: 11000, 11100, 11200.
Study on Nifty Analysis: Put Writing More, and increasing at
NIFTY ANALYSIS: SUPPORT LOOKS STRONG AT 10900 TO 10800, And resistance at 10983 if it breaks it will become good buying above resistance zone
VALID: JANUARY 21 -31 TO 25 JANUARY