Nifty levels based on IV Average
Nifty levels for 19-Oct-26 formula : Average of all 4 IV / 15.87 to get daily % move
19.48/15.87 = 1.22%
23146 +1.22% = 23428 projected High - 500 = 22928 Important support
23146 - 1.22% = 22863 projected Low + 500 = 23363 Important resistance
23428 projected High - 250 = 23178 Important level for further up/downmove
22863 projected Low + 250 = 23113 Important level for further up/down move
Will be looking at PNB today for cash market intraday
PNB levels: 119.30 (high) -113.30 (low) based on IV levels
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