IGI Logo

Key Highlights:

NIFTY manages to close above 20 Day SMA….

NIFTY SPOT: 14982 (1.86%)

DYNAMIC PARAMETER: Nifty formed CIP pattern.

TRADING ZONE: Resistance: 15010 (3 Day High) / 15144 (4 Day High)

Support: 14900 (Intraday Support) / 14848 (20 Day SMA)

BROADER MARKET: UNDERPERFORMED MIDCAP 23290 (1.03%), SMALLCAP 8033 (0.94%)

Advance-Decline: 1227 / 600

VIEW: Bullish till above 14848 (20 Day SMA).

BANKNIFTY SPOT: 36452.30 (3.80%)

DYNAMIC PARAMETER: Index bounced back from 20 Day SMA

TRADING ZONE:

Resistance: 36656 (4 Day High) / 37000 (Key Resistance)

Support: 36000 (Intraday Support) / 35700 (Key Support)

VIEW: Bullish till above 35214 (20 Day SMA)

Key Highlights:

* Nifty February Futures ended 282.20 points up @ 14993.75 with a premium of 11.75 points.

* Nifty futures open interest decreased by 15.97 lakh shares with February series total open interest stands at 0.58 crore shares.

* Nifty 15000 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 38000 call has highest OI and 35000 put has highest OI.

* Nifty 14900 call saw unwinding of 20.75 lakh shares in OI, whereas 14900 put saw addition of 12.18 lakh shares In OI.

* India VIX ended 4.20% down @ 24.17 against the previous close of 25.23

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