What the 
NIFTY Data Points as on 18 march 2025 📈
Key Observations:🔍
- Spot Price & Max Pain:Spot Price: 22,508.75
- Max Pain: 22,500
- The max pain theory suggests that the price might
gravitate towards 22,500 by expiry.
Open Interest (OI) & OI Change:📊
High OI build-up at 22,500 and 22,600 strike prices.
Call writing seen at 22,600 and 22,700, indicating resistance.
Put writing seen at 22,500 and 22,400, suggesting support.
Put-Call Ratio (PCR):🔗
PCR ~ 1.08, indicating a slightly bullish to neutral sentiment.
PCR > 1 suggests that more puts are being written, which generally supports the price.
Technical Price Data:⚙📈📉
Nifty is trading at 22,510-22,515.
Resistance seen near 22,600, as call writers are active.
Support at 22,500 and 22,450, as put writers are strong.
Trading Strategy for Nifty🧠
1. Intraday Trading Plan (March 18, 2025)
Entry: Buy around 22,500-22,510 (if Nifty sustains above 22,500).
Target: 22,570-22,600 (resistance level).
Stop Loss: 22,470 (below put writers' support at 22,450).
Reasoning:
Support is strong at 22,500, backed by put writing.
Max pain is at 22,500, meaning price may stabilize or rebound from there.
PCR > 1 suggests mild bullishness.
2. Swing Trading Plan (For Next 2-3 Days)
Bullish View (If Nifty stays above 22,500):Entry: Buy around 22,500-22,520
Target: 22,650-22,700 (resistance zone).
SL: 22,450
Bearish View (If Nifty breaks below 22,500 with volume):Entry: Short below 22,490
Target: 22,400-22,350 (next put support).
SL: 22,550
Final Thoughts
The market is slightly bullish but facing resistance at 22,600.
Any break below 22,500 can trigger a fall towards 22,400-22,350.
If Nifty holds above 22,500, a rally to 22,600-22,650 is likely.
NIFTY Data Points as on 18 march 2025 📈Key Observations:🔍
- Spot Price & Max Pain:Spot Price: 22,508.75
- Max Pain: 22,500
- The max pain theory suggests that the price might
gravitate towards 22,500 by expiry.
Open Interest (OI) & OI Change:📊
High OI build-up at 22,500 and 22,600 strike prices.
Call writing seen at 22,600 and 22,700, indicating resistance.
Put writing seen at 22,500 and 22,400, suggesting support.
Put-Call Ratio (PCR):🔗
PCR ~ 1.08, indicating a slightly bullish to neutral sentiment.
PCR > 1 suggests that more puts are being written, which generally supports the price.
Technical Price Data:⚙📈📉
Nifty is trading at 22,510-22,515.
Resistance seen near 22,600, as call writers are active.
Support at 22,500 and 22,450, as put writers are strong.
Trading Strategy for Nifty🧠
1. Intraday Trading Plan (March 18, 2025)
Entry: Buy around 22,500-22,510 (if Nifty sustains above 22,500).
Target: 22,570-22,600 (resistance level).
Stop Loss: 22,470 (below put writers' support at 22,450).
Reasoning:
Support is strong at 22,500, backed by put writing.
Max pain is at 22,500, meaning price may stabilize or rebound from there.
PCR > 1 suggests mild bullishness.
2. Swing Trading Plan (For Next 2-3 Days)
Bullish View (If Nifty stays above 22,500):Entry: Buy around 22,500-22,520
Target: 22,650-22,700 (resistance zone).
SL: 22,450
Bearish View (If Nifty breaks below 22,500 with volume):Entry: Short below 22,490
Target: 22,400-22,350 (next put support).
SL: 22,550
Final Thoughts
The market is slightly bullish but facing resistance at 22,600.
Any break below 22,500 can trigger a fall towards 22,400-22,350.
If Nifty holds above 22,500, a rally to 22,600-22,650 is likely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.