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FIROZMANIA
Dec 21, 2017 2:48 AM

#NIFTY consolidating for now, KEY LEVEL 10384 Long

Nifty 50 IndexNSE

Description

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.
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