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Key Highlights:

NIFTY ends the week below the 20 Week SMA.

NIFTY SPOT: 14341.35 (-0.45%)​​​​​​​

DYNAMIC PARAMETER: NIFTY ends the week with an indecisive candle.

TRADING ZONE:

Resistance: : 14466 (Multiple touch point level)/ 14526 (3 day high)

Support: 14273 (Daily low) / 14190 (Multiple touch point level)

BROADER MARKET: MIXED, MIDCAP 23493 (0.26%) , SMALLCAP 8250.55 (0.42%)

Advance-Decline: 1032/834

VIEW: Bearish till below 14785 (Gap Resistance).

BANKNIFTY SPOT: 31722.30 (-0.19%)

DYNAMIC PARAMETER: Index ends the session near the previous session high

TRADING ZONE:

Resistance: 32148.40 (Daily high) / 32330 (Multiple touch point level)

Support: 31377.15 (Daily low) / 30950 (Multiple touch point level)

VIEW: Pullback till below 32500 (Multiple touch point level)

Key Highlights:

* Nifty April Futures ended 65 points down @ 14338.60 with a discount of 65 points.

* Nifty futures open interest decreased by 2.90 lakh shares with April series total open interest stands at 1.02 crore shares.

* Nifty 15000 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 33000 call has highest OI and 29000 put has highest OI

* Nifty 15000 call saw addition of 11.54 lakh shares in OI, whereas 14000 put saw addition of 6.75 lakh shares In OI.

* India VIX ended 1.48% down @ 22.69 against the previous close of 23.03

Technical Snapshot

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