◉ Technical Analysis
● Nifty has formed a Falling Wedge pattern on the daily chart, typically considered a bullish signal.
● Simultaneously, a Three Black Crows candlestick pattern has emerged over the last three sessions, indicating bearish sentiment.
● The bearish pattern is significant as it has formed near the trendline resistance, suggesting a potential pullback toward the 23,000 level.
◉ OI Data Analysis
● The 23,600 level has the highest call writer concentration, acting as immediate resistance.

● The 23,200 level shows the highest put writer accumulation, serving as strong support.

◉ Possible Next Move
● If the index opens with a slight gap-up below 23,600, selling pressure is likely to continue in the coming week.
● Even with a significant gap-up above 23,600, a bearish scenario may persist.
● For a confirmed trend reversal, the index must decisively break and hold above the 23,800 level.
● Nifty has formed a Falling Wedge pattern on the daily chart, typically considered a bullish signal.
● Simultaneously, a Three Black Crows candlestick pattern has emerged over the last three sessions, indicating bearish sentiment.
● The bearish pattern is significant as it has formed near the trendline resistance, suggesting a potential pullback toward the 23,000 level.
◉ OI Data Analysis
● The 23,600 level has the highest call writer concentration, acting as immediate resistance.
● The 23,200 level shows the highest put writer accumulation, serving as strong support.
◉ Possible Next Move
● If the index opens with a slight gap-up below 23,600, selling pressure is likely to continue in the coming week.
● Even with a significant gap-up above 23,600, a bearish scenario may persist.
● For a confirmed trend reversal, the index must decisively break and hold above the 23,800 level.
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🎖️ SEBI registered INH300006582
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📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
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🌐 goodluckcapital.com
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。