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NISM Certified Research Analyst & Mutual Fund Distributor.

Sunday 26 May 2013

NIFTY UPDATES 26513

NIFTY KISSED AN IMPORTANT SUPPORT ZONE OF 5930 AND RECOVERED SHARPLY. AS PER OPTION CHAIN TOO 5900 IS STILL A VERY STRONG SUPPORT AREA FOR NIFTY. OI AT 6000 CE IS MARGINALLY HIGHER THAN THE OI AT 6000 PE. SO THE FIGHT FOR CAPTURING 6000 WILL BE SEEN IN SESSIONS AHEAD. 6100 MARK IS REMAINS KEY RESISTANCE NOW. VIX FELL SHARPLY BUT STILL VERY CLOSE TO 18 MARK. SO AS WE ARE NOW ENTERING EXPIRY WEEK VOLATILE MOVES WILL BE SEEN IN MARKETS. 

SUPPORT 5960-5930
RESISTANCE 6016-6044


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