IGI Logo

Key Highlights:

NIFTY gives intraday correction from higher levels, however it sustains above 15100 mark….

NIFTY SPOT: 15106.50 (-0.02%)

DYNAMIC PARAMETER: Nifty formed Hanging Man candle pattern.

TRADING ZONE: Resistance: 15168 (Day High) / 15257 (All Time High)

Support: 14977 (Day Low) / 14900 (Key Support)

BROADER MARKET: OUTPERFORMED MIDCAP 22926 (0.79%), SMALLCAP 7774 (0.74%)

Advance-Decline: 919/ 971

VIEW: Bullish till above 14714 (5 Day Low).

BANKNIFTY SPOT: 35783.10 (-0.76%)

DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern

TRADING ZONE: Resistance: 36227 (Day High) / 36615 (All Time High)

Support: 35428 (Day Low) / 35000 (Key Support)

VIEW: Bullish till above 34238 (5 Day Low)

Key Highlights:

* Nifty February Futures ended 13.80 points up @ 15119.55 with a premium of 13.05 points.

* Nifty futures open interest decreased by 1.11 lakh shares with February series total open interest stands at 1.07 crore shares.

* Nifty 16000 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 35500 call has highest OI and 35500 put has highest OI.

* Nifty 15200 call saw addition of 1.75 lakh shares in OI, whereas 14000 put saw unwinding of 2.88 lakh shares In OI.

* India VIX ended 1.32% down @ 23.95 against the previous close of 24.27

Technical Snapshot

To Read Complete Report & Disclaimer Click Here

To Know More Details Visit GEPL Capital

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