Now it all depends on the Monday's trading session. If nifty open gap-down we will see more pressure on nifty while a gap-up opening can generate the signal of revival.
For the week (14-18 Jan) support level 19500-5900 is seen on the chart for Sensex & nifty while resistance for the week is 19850-6040.
Still strong support at 5900 level according to 5900 put option data with open interest above 75.2 lacs.
If 5940 broken then it can go down further to next crucial support level of 5900-5820 while crossing of 6040 we can see the level of 6150 before the expiry of current series.
Pulse of the economy (Bank Nifty) weekly range 12400-12800.
Nifty Important Intraday Technical Level :
| NIFTY Intraday Levels | S4 | S3 | S2 | S1 | PP | R1 | R2 | R3 | R4 |
|---|---|---|---|---|---|---|---|---|---|
| Simple Pivot | - | 5843.4 | 5892 | 5921.7 | 5970.3 | 5999.9 | 6048.5 | 6078.2 | - |
| Woodies Pivot | - | 5833.9 | 5887.3 | 5912.2 | 5965.5 | 5990.4 | 6043.8 | 6068.7 | - |
| Demark Pivot | - | - | - | 5906.8 | - | 5985.1 | - | - | - |
| Camarilla Level | 5908.3 | 5929.8 | 5937 | 5944.1 | - | 5958.5 | 5965.7 | 5972.8 | 5994.3 |
| Fibonacci Retracement | 5873.1 | 5902.9 | 5912.2 | 5921.4 | 5970.3 | 5981.2 | 5990.4 | 5999.7 | 6029.6 |
| Weekly Pivot Level | - | 5823 | 5876.5 | 5913.9 | 5978 | 6015.4 | 6079.6 | 6117 | - |
| Intraday Recommendation | Buy-Sell | - | TGT1 | TGT2 | TGT3 | TGT4 | TGT5 | Stoploss | - |
| Buy - Above | 5967.6 | - | 5983.9 | 6003.3 | 6022.6 | 6042 | 6061.5 | 5948.3 | - |
| Sell - Below | 5948.3 | - | 5932 | 5912.7 | 5893.5 | 5874.3 | 5855.2 | 5967.6 | - |
Nifty Option Open Interest Position :
- Highest call open interest 7976600 on 6200 Call with change of open interest -32600.
- Highest put open interest 7879350 on 5700 put with huge addition of open interest 1271350 that show nifty trading range 5700 to 6200 as per the traders options.
- Current Put Call Ratio PCR is at 1.257
- Nifty Future Open Interest is at 1,57,08,000 down by 4,06,000
Bank Nifty Open Interest Position :
- Highest OI build up on 13000 call 309175
- Highest put OI on 1200 strike 194875
- PCR at 0.804
Intraday Stock Trading Call For 14-Jan-13
- Buy Axis Bank Above 1370 Target 1377-1388-1397 Stop Loss 1356
You can also track the current live option data position statistics for Nifty, Bank Nifty Index and also for Nifty's 50 large-cap stocks in our interactive option open interest tracker download from here : Nifty Option Open Interest Tracker
