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Nifty At Lifetime High Today Crossed 10500

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Date: 26-12-2017

Nifty touched 10500 today its Lifetime High for Nifty.

This is a strong resistance.

As you can see in morning it crossed 10500 and now falling.

Please check my earlier emails I had said that 10500 is strong resistance.

But one day or the other is will be broken.

However for the time being 10500 is resistance and 10000 is support.

Max Open Interest Put: 10000 and 10400
Max Open Interest Call: 10500 and 10600

Do not forget that DEC 17 expiry is day after tomorrow.

Then Open Interest will change.

I have written a post on open interest you can read it here.

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About the author: I started trading stock markets since 2007. However my first 3 years were losses. Then I dedicated almost 1 year on studying, researching, paper trading options and learned a lot in that time. Since 2011 I am trading Nifty options profitably. Call me if you need any help trading options on 9051143004.

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