NIFTY CLOSED BELOW THE SUPPORT LEVEL IN THE ZONE 5815. 5700 PE IS STILL HAVING HIGHEST OI OF 74.23 LAC. OI AT 5800 LEVEL IS ALMOST EQUAL WHEREAS TOTAL OI AT 5900 MARK IS 74.64 LAC WITH HUGE ADDITION OF 15.14 LAC IN OI. RUPEE CLOSED AT THE LOWEST LEVEL. CONSIDERING THESE FACTORS IT SEEMS MARKETS STILL IN FIRM GRIP OF BEARS AND EVERY BOUNCE BACK IS NOW BEING USED TO INITIATE SHORTS.
SUPPORT AT 5770-5740
RESISTANCE 5920-5970.
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