About Me

My photo
NISM Certified Research Analyst & Mutual Fund Distributor.

Saturday 27 July 2013

NIFTY UPDATES 27713

AS PER OPTION CHAIN HIGHEST OI IS BUILT UP AT 5800 PE OF 45 LAC. TOTAL OI AT 5900 CE AND 5900 PE IS 32 LAC AND 41 LAC.  6000 CE IS HAVING HIGHEST OI OF 45 LAC WITH HUGE ADDITION OF 11.8 LAC IN OI. VIX CLOSED JUST BELOW 17 MARK AT 16.78 LEVEL. TECHNICALLY NIFTY FOUND A SUPPORT IN 5860 ZONE. AS OF NOW IT IS VERY DIFFICULT TO FORM A VERY CLEAR VIEW ON NIFTY. HOWEVER CONSIDERING THE FACTS THAT NIFTY WOULD BE TRADING AROUND SUPPORT ZONE AND HIGHER OI AT 5900 PE THAN THAT OF  5900 CE A POSSIBLE BOUNCE BACK CAN'T BE RULED OUT.  TRADERS MUST STICK TO STOCK SPECIFIC MOVES.


SUPPORT 5860-5815 

RESISTANCE 5910-5935

No comments:

Post a Comment