Nifty Option Chain Analysis (10 October 2023) Tuesday –
Nifty PCR (Put Call Ratio) –
OI (Open Interest) PCR : 0.88
CHNG IN OI (Change in Open Interest) PCR : 0.55
Nifty Highest OI Writing –
Highest Call Writing At : 19800
Highest Put Writing At : 19500
Nifty Range / Level –
Nifty Resistance Level – 19612
Nifty Support Level – 19460
Nifty Sentiment – Downtrend And Bearish(According to PCR)
NIFTY LIVE TRADING BREAKOUT LEVEL (MAGICAL LEVEL ✨✨) –
[ Last Updated on 9 October 7:30PM ]
BUY CALL : Above 19612
BUY PUT : Below 19460
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Nifty 50 Prediction for 10 October 2023 ( Tuesday ) –
Nifty Intraday Trading :
Buying Call Option 🔼 –
If Nifty 50 breaks the level of 19612 on the upside and stay above this level for 5 minutes or closes the 15 minute candle above this level and forms a green candle, then you can buy a Call option and a good up side movements will be seen. Target: 19644.
If Nifty 50 breaks the level of 19644 on the upside and stay above this level for 5 minutes or closes the 15 minute candle above this level and forms a green candle, then you can buy a Call option and a good up side movements will be seen. Target: 19700.
Buying Put Option 🔽 –
If Nifty 50 breaks the level of 19460 on the downside and stay below this level for 5 minutes or closes the 15 minute candle below this level and forms a red candle, then you can buy a Put option and a good down side movements will be seen. Target : 19410.
If Nifty 50 breaks the level of 19410 on the downside and stay below this level for 5 minutes or closes the 15 minute candle below this level and forms a red candle, then you can buy a Put option and a good down side movements will be seen. Target : 19365.
Nifty Prediction for 10 October 2023 ( Tuesday ) –
There is a good possibility of the market staying down on 9 October the market opened gap down and then it was in the range and closed near 19500 level. If it goes beyond any of the above levels it will give a sideways move either up or down. Nifty has given a flat start, it can go up to 19600 or 19400 levels but all these aspects depend on the global cues.
Indian equities witnessed a relief rally on global cues and strong domestic services PMI data, Nifty opened higher and closed 110 points higher at 19,546 led by gains in Auto, IT and Consumer Durables sectors, even as market uncertainty continued. Can. Keep Nifty range-bound, and investors are closely keeping an eye on US jobless claims, non-farm payroll data and RBI policy outcome, while the start of World Cup 2023 in India is expected to boost sectors like travel and tourism, hotels. hopefully. Consumers, and QSRs, keep them in motion.
Sensex fell 483.24 points (0.73%) to 65,512.39 and Nifty fell 141.20 points (0.72%) to 19,512.30. Adani Ports, Hero MotoCorp, BPCL, HDFC Life and M&M were among the top Nifty losers, while HCL Technologies, Dr Reddy’s Laboratories, TCS, Tata Consumer and HUL were the top gainers.
Nifty Trend –
Rupee Desk : The USD/INR : 83.2748 (+0.18%)
Nifty VIX : 11.40 (+10.68%)
Nifty Levels –
Intraday Buying –
Buy Call – Buy Above 19612 or 19644
Buy Put – Buy Below 19460 or 19410
Nifty Breakout Levels –
For Buying Call Option : 19612, 19644.
For Buying Put Option : 19460, 19410.
Stock Market Highlights –
Sensex fell by nearly 500 points amid increasing tension in the Middle East.
Rupee remained stable against US dollar.
Tata Consultancy Services (TCS) has been ranked as a leader in Everest Group’s PEAK Matrix for Net Zero Consulting Services.
Oracle offers its employees 13,108 stock options.
The Board of Transport Corporation of India has allotted 33,015 equity shares under ESOP-2017-Fourth and Fifth Tranche. The stock fell 1.11% to ₹783 on NSE.
The board of Glenmark Life Sciences Limited has declared an interim equity dividend of ₹2 per equity share at ₹22.50 for the financial year 2023-24. The stock was trading at ₹625.90, up 0.12% on the NSE.
NR Aggarwal Industries appoints Soumyajit Mukherjee as CMO, stock falls 1.55%.
Dev Information Technology (DEVIT) has been recognized as the Top ISV to receive “13th Channel Accelerator Awards 2023” in the category of Cloud Consulting, ERP and CRM Solutions.
Oil minister says crude prices above $100/bbl are not sustainable.
Top Gainers: Dr. Reddy (1.49%); HCL Tech (1.19%); Tata Consumer (0.96%); TCS (0.65%); Hindustan Unilever (0.57%)
Major losers: Adani Ports (-4.69%); Hero MotorCorp (-2.73%); HDFC Life (-2.18%); M&M (-2.13%); BPCL (-2.02%)