Nifty 50 Faces Key Support At 22,800 Levels
open interest distribution for the Nifty 50 Feb. 20 expiry series indicated most activity at 23,500 call strikes, with the 23,000 put strikes having maximum open interest.
Nifty 50 support is placed at 22,800. "If Nifty 50 falls below 22800, then the selling will trigger. Nifty 50 immediate resistance at 23,000,"
19th Feb Target 1 22687.08
open interest distribution for the Nifty 50 Feb. 20 expiry series indicated most activity at 23,500 call strikes, with the 23,000 put strikes having maximum open interest.
Nifty 50 support is placed at 22,800. "If Nifty 50 falls below 22800, then the selling will trigger. Nifty 50 immediate resistance at 23,000,"
19th Feb Target 1 22687.08
Trade active
wait and watch if 22800 hits take short position upto 10%Trade closed: target reached
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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.