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Key Highlights:

NIFTY witness profit booking at higher levels, however it maintains Higher Top Higher Bottom formation….

NIFTY SPOT: 15313.45 (-0.01%)

DYNAMIC PARAMETER: Nifty maintained High Top Higher Bottom pattern.

TRADING ZONE: Resistance: 15431 (All Time High) / 15500 (Key Resistance)

Support: 15242 (Day Low) / 15150 (Key Support)

BROADER MARKET: OUTPERFORMED MIDCAP 23316 (0.44%), SMALLCAP 7974 (0.14%)

Advance-Decline: 829/ 1056

VIEW: Bullish till above 14977 ( Previous Week Low)

DYNAMIC PARAMETER: Index formed Higher Top Higher Bottom pattern

TRADING ZONE:

Resistance: 37450 (Key Resistance) / 37708 (Day High)

Support: 36762 (Day Low) / 36405 (2 Day Low)

VIEW: Bullish till above 35428 (Previous Week Low)

Key Highlights:

* Nifty February Futures ended 1.25 points down @ 15313.45 with a premium of 16.80 points.

* Nifty futures open interest decreased by 1.08 lakh shares with February series total open interest stands at 1.08 crore shares.

* Nifty 16000 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 37500 call has highest OI and 34000 put has highest OI.

* Nifty 15400 call saw addition of 2.85 lakh shares in OI, whereas 15000 put saw addition of 2.21 lakh shares In OI.

* India VIX ended 1.40% up @ 21.78 against the previous close of 21.48

Technical Snapshot

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