NIFTY PREDICITON FOR 04/12/2018

NIFTY HOLDING ABOVE 10904 LIKELY TO HIT 10940-10961 LEVELS. HOLDING BELOW 10890 AND BELOW 10850 LIKELY TO HIT 10807<10760.

WEAK BELOW 10850 NS.

BEARISH BELOW 10755 NS.

RESISTANCE: 10890-10904-10936-10961-10980-10999-11122.

SUPPORT: 10862-10814-10763.

NIFTY OPTION:

OPEN INTEREST DATA:

11000 CE STILL HAVING HIGHEST OPEN INTEREST(HOI) FOLLOW BY 11500 CE.

10000 PE STILL HAVING HOI FOLLOW BY 10500 PE & 10200 PE.

 

PIVOT METHOD:

10890 NS = PIVOT FOR MONTH+ WEEK+ DAY.

10882 NS= HOURLY PIVOT.

PE WILL BE PREFER BELOW 10880 NS. CE  WILL PREFER ABOVE 10892 NS.