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Nifty Market Analysis and Strategy
Sep 17, 2024
Post Market Analysis Studio
Nifty Back Testing
Nifty selection and expiry date: September 19 to September 27
Time: At 9:30 AM
Key Figures:
Resistance: 25,400
Support: 25,400
OI Change: 350
Volume: 90%
Market Pattern
At 9:30:
Resistance is visible at 25,400
Percentage of OI Change is decreasing from 100%
Positive relationship between Volume and OI Change
At 9:51:
Strong resistance
Stability in Volume and OI Change
Trading Strategy
At 11:21:
Both support and resistance are strong
Suggestion to trade in call options
At 12:03 and 12:33:
Weakness in OI but support and resistance are strong
Stability in the market, no major movement
Final Conclusion
The market went slightly down at the end of the day
No major movement throughout the day, remained in a range of 20-30 points
No significant change observed due to OI Change and Volume.
ЁЯУД
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