Nifty One Hour Chart Analysis For Intraday Trading

Nifty Support & Resistance Zones for Friday

Nifty Down Side Targets / Nifty Support Zones 

First Support Zone For Nifty - 18310- 18320
Second Support  Zone For Nifty – 18250 - 18270
Third Support Zone For Nifty –  18163 -18173


Nifty Up Side Targets /  Nifty Resistance  Zones  

First Resistance  Zone For Nifty  - 18378-18387
Second Resistance  Zone For Nifty - 18464 -18454
Third Resistance  Zone For Nifty - 18592 - 18585



NIFTY DATA ANALYSIS FOR TREND FINDING

PCR ratio as per Option Chain Analysis – 0.90  ( Bullish )
Max Pain As per Option Chain Analysis –  18300
Major Support as Per Nifty Open Interest Analysis - 18300 /18000
Major Resistance  as Per Nifty Open Interest Analysis -  18400 / 18500