Nifty Weekly
Indian Vix Weekly
Nifty Daily
Nifty Put Call OI Chart
Here charts show some depressing senario of the indian stock market. If Vix breaks and stays above 28.1 this week the nifty may fall below its bullish zone 4925. As per Nifty weekly chart, it is in distribution phase.
As per Nifty put call OI chart, bulls and bears are equally strong. Rather to say, traders are confused about the market director. it is very difficult to predict the market untill Nifty breaks either above 5207 or below 4985.
Best of luck
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