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Tech View: Nifty volumes indicate support at 19,300-400. What traders should do on Tuesday

Volume profile indicates Nifty has strong support around the 19,300-19,400 zone. OI data showed that on the call side, the highest OI was observed at 19,700 followed by 19,800 strike prices while on the put side, the highest OI was at 19,500 strike price
Nagaraj Shetti Jatin Gedia Osho Krishan Bank Nifty Technical Research Analyst At Sharekhan Tech View

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Tech View: Call writers run for cover as Nifty ends above 19,750. What traders should do on Tuesday

After forming a series of higher highs and higher lows over the last 2 months, Nifty seems to have formed minor degrees of lower highs and lower lows in the last 4-5 sessions amidst range movement. This pattern could be reflecting ongoing consolidation in the market.
Jatin Gedia Rahul Ghose Nagaraj Shetti Technical Derivative Research Bank Nifty Technical Research Analyst At Sharekhan

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