IGI Logo

Key Highlights

NIFTY continues to give Fresh Life Time High closing

NIFTY SPOT: 16636.90 (0.01%)

DYNAMIC PARAMETER: NIFTY formed Doji candle pattern

TRADING ZONE: Resistance: 16712 (All Time high) / 16800 (Key Support)

Support: 16495 (3 Day Low) / 16375 (Gap Support)

BROADER MARKET: OUTPERFORMED,

MIDCAP 27416 (0.19%), SMALLCAP 9963 (0.24%)

Advance-Decline: 970 / 960

VIEW: Bullish till above 16375 (Gap Support).

BANKNIFTY SPOT: 35617.55 (0.09%)

DYNAMIC PARAMETER: Index closed above 20 Day SMA

TRADING ZONE:

Resistance: 35910 (3 Day High) / 36261 (Previous Week High)

Support: 35264 (50 Day SMA) / 35070 (3 Day Low)

VIEW: Bullish till above 35264 (50 Day SMA).

Key Highlights:

* Nifty September Futures ended 17.25 points down @ 16647.65 with a discount of 17.25 points.

* Nifty futures open interest increased by 28.62 lakh shares with September series total open interest stands at 1.24 crore shares.

* Nifty 16500 call has highest OI, whereas 16000 put holds the highest OI and Banknifty 37000 call has highest OI and 34000 put has highest OI.

* Nifty 16700 call saw addition of 3.82 lakh shares in OI, whereas 16700 put saw addition of 3.50 lakh shares In OI.

* India VIX ended 0.30% up @ 13.54 against the previous close of 13.50

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