FIROZMANIA

#NIFTY consolidating for now, KEY LEVEL 10384

Long
NSE:NIFTY   Nifty 50 Index
Nifty is consolidating right now and today is bank nifty expiry plus the global sentiments were a bit on the weaker side, so nifty can show some ebb n flow before moving in the trend.
For now 10384 is a key support level. 10400 PUT writing is on a continuous rise and also we saw some PUT writing at 10500 level too.
The PUT CALL Ratio is looking good. I still think the market might see some new highs in the upcoming days.

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.