Our yesterday analysis about nifty was absolutely on point today Yesterday Blog, Nifty behaves exactly what we predicted yesterday. Even Call and Put holder's scenario was completely went in right direction, lets have a look at tomorrow's prediction.
Likely scenario:
Nifty may open flat and attempt a move towards 23,200–23,300. A sustained move above 23,200 is needed for stronger bullish momentum; otherwise expect another range-bound session between 23,100 and 23,250.
Hourly Chart
- Short-term trend: Weak to Neutral
- Selling pressure seen near 23,200–23,250 zone.
- Immediate support: 23,050–23,100
- Immediate resistance: 23,200–23,300
- Daily candle shows consolidation.
- Market is trading inside a broad range rather than a strong trend.
- As long as 23,000 holds, buyers still have a chance to push higher.
- Weekly structure remains sideways.
- Major range: 23,000 to 23,500
- Breakout above 23,500 can trigger a fresh rally; below 23,000 can increase selling.
Recent OI data shows:
- Highest Call OI near 24,000 CE (major resistance).
- Significant fresh Call Writing around 23,200 CE.
- Strong Put Writing around 23,100 PE (support).
- Put writers active near 23,100.
- Call writers active near 23,200.
- This creates a short-term trading range of 23,100–23,200.
Final Probability
- 55% Neutral to Bullish
- 45% Bearish

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