Nifty – Gann Analysis

Nifty.jpg

Important Levels

Buy –

Above 9645, Target – 9670, 9685; Above 9685 – New High

Sell –

Below 9630, Target – 9615, 9600; Below 9594 Nifty can fall till 9550

Option Analysis

Option Chain

Highest Short Build Up seen in 9500 PE

High Long Build Up seen in 9700 CE

High Change in OI seen in 10,000 CE

FIIs have bought Index Options worth Rs 456.949 crores

Implication – Big money is indicating bullishness, Nifty may see a rally in short-term.