Nifty 15000 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 34000 - GEPL Capital
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Key Highlights:
The NIFTY unable to sustain above 50 Day SMA….
NIFTY SPOT: 14549.40 (-1.79%)
DYNAMIC PARAMETER: Nifty formed Lower Top Lower Bottom pattern
TRADING ZONE: Resistance: 14675 (Intraday Resistance) / 14770 (50 Day SMA)
Support: 14467 (Key Support) / 14350 (Swing Low)
BROADER MARKET: UNDERPERFORMED MIDCAP 23334 (-1.99%), SMALLCAP 8065 (-2.11%)
Advance-Decline: 457 / 1430
VIEW: Bearish till below 14888 (20 Day SMA).
BANKNIFTY SPOT: 33293.25 (-2.61%)
DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern
TRADING ZONE:
Resistance: 33700 (Intraday Resistance) / 33970 (Day High)
Support: 33203 (Day Low) / 32800 (CIP Support)
VIEW: Bearish till below 34419 (50 Day SMA)
Key Highlights:
*Nifty March Futures ended 277.60 points down @ 14555.30 with a premium of 5.90 points.
*Nifty futures open interest decreased by 13.03 lakh shares with March series total open interest stands at 0.45 crore shares.
*Nifty 15000 call has highest OI, whereas 14000 put holds the highest OI and Banknifty 34000 call has highest OI and 33000 put has highest OI.
*Nifty 14700 call saw addition of 28.05 lakh shares in OI, whereas 14800 put saw unwinding of 12.57 lakh shares In OI.
*India VIX ended 8.66% up @ 22.46 against the previous close of 20.67
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
