Nifty weekly expiry analysis for 4th April - Weeklypaisa

Interpretation of Nifty Open Interest Data:

Nifty has a maximum Open Interest on Call side is  23 Lakh at Strike Price 11800 &  on Put side is 13 Lakh at Strike Price 11500 

So Upper side 11800 is resistance & 11500 is support. Resistance is shifting from 11900 to 11800. 

India VIX is at 18.78. Nifty is closed at 11643. 
Daily Candle: Bearish on Daily Chart.

Nifty One Hour Vedic Chart

Nifty is near Vedic support line. If it holds support then up move towards resistance line 11750 otherwise bottom support 11500 may see.

Intraday Nifty Spot Target for 4th  April:

Buy above 11682  Target 11718  11763  11808

Sell below 11610  Target  11574  11538  11502  

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