IGI Logo

Key Highlights:

NIFTY halts at 50 Day SMA….

NIFTY SPOT: 13817.55 (-1.07%)

DYNAMIC PARAMETER: Nifty formed Doji Star Candle pattern.

TRADING ZONE: Resistance: 13930 (Previous Day Low) / 14000 (Key Resistance)

Support: 13713 (Day Low) / 13619 (Gap Support)

BROADER MARKET: OUTPERFORMED MIDCAP 20989 (-0.59%), SMALLCAP 7222 (-0.69%)

Advance-Decline: 973 / 894

VIEW: Bearish till below 14222 (Swing Low).

BANKNIFTY SPOT: 30358.30 (0.24%)

DYNAMIC PARAMETER: Index formed Bullish Meeting Line Candle pattern

TRADING ZONE: Resistance: 30775 (Intraday Resistance) / 31000 (Key Resistance)

Support: 30000 (Key Support ) / 29687 (Day Low)

VIEW: Bearish till below 30890 (Swing Low)

Key Highlights:

* Nifty February Futures ended 175.95 points down @ 13844.40 with a premium of 26.85 points.

* Nifty futures open interest increased by 28.73 lakh shares with January series total open interest stands at 0.96 crore shares.

* Nifty 14500 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 31500 call has highest OI and 27000 put has highest OI.

* Nifty 13900 call saw addition of 5.74 lakh shares in OI, whereas 13700 put saw addition of 3.83 lakh shares In OI.

* India VIX ended 0.41% down @ 24.29 against the previous close of 24.39

Technical Snapshot

To Read Complete Report & Disclaimer Click Here

SEBI Registration number is INH000000081.

Please refer disclaimer at https://geplcapital.com/term-disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer