Nifty analysis 12 march 2026

📊 NIFTY Intraday Analysis (SMC + OI)

Current Price ≈ 23848

OI Data Important Points

24000 CE OI = 42.5L (Highest) → Strong resistance

23800–23700 PE OI strong → Support zone

Market me short buildup ho raha hai (price down + call OI increase).

📌 Rule:

Highest Call OI = Resistance

Highest Put OI = Support �


📍 Major Support Levels

1️⃣ 23800 – Immediate support

2️⃣ 23700 – Strong support (Put writing)

3️⃣ 23650 – Breakdown level

Agar 23700 break hua → fast fall 23550–23500.

📍 Major Resistance Levels

1️⃣ 23900 – Intraday supply

2️⃣ 23950 – Strong rejection zone

3️⃣ 24000 – Very strong resistance (max call OI)

Agar 24000 break hua → short covering rally.

🚀 Short Covering Level

🔥 24000 breakout

Kyun?

Yaha maximum call writers hai

Break hone par short covering + gamma move aata hai.

Target after breakout

➡ 24100

➡ 24200

📈 SMC Structure (Chart se)

Market structure:

Lower High

Lower Low

Bearish trend

SMC zones:

Supply Zone 23920 – 23980

Demand Zone 23700 – 23740

🎯 Perfect Intraday Trades

🟥 Trade 1 (High Probability)

SELL near 23920 – 23950

SL: 24010

Targets:

23850

23800

23740

🟩 Trade 2 (Breakout Trade)

BUY only above 24000

Entry: 24020

SL: 23940

Targets:

24100

24200

⚡ Scalping Trade

Agar 23800 break

SELL 23780

SL: 23840

Target

23720

23680

✅ Expected Range Today

23700 — 24000

Jab tak 24000 break nahi hota → bearish bias.


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