Nifty August Futures ended 131.75 points up @ 15909 with a premium of 23.85 points - GEPL Capital
Key Highlights:
NIFTY closes above 20 Day SMA....
NIFTY SPOT: 15885.15 (0.77%)
DYNAMIC PARAMETER: NIFTY formed Higher Top Higher Bottom pattern.
TRADING ZONE: Resistance: 15900 (Swing High) / 15962 (All Time High)
Support: 15796 (20 Day SMA) / 15710 (50 Day SMA)
BROADER MARKET: OUTPERFORMED, MIDCAP 28250 (1.56%),
SMALLCAP 10617 (0.91%)
Advance-Decline: 1286 / 684
VIEW: Bullish till above 15513 (Swing Low).
BANKNIFTY SPOT: 34710 (0.36%)
DYNAMIC PARAMETER: Index sustained below 50 Day SMA
TRADING ZONE:
Resistance: 35063 (50 Day SMA) / 35347 (3 Week High)
Support: 34445 (3 Day Low) / 34115 (5 Day Low)
VIEW: Bearish till below 35347 (3 Week High).
Key Highlights:
* Nifty August Futures ended 131.75 points up @ 15909 with a premium of 23.85 points.
* Nifty futures open interest increased by 10.34 lakh shares with July series total open interest stands at 1.05 crore shares.
* Nifty 15800 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 36000 call has highest OI and 33000 put has highest OI.
* Nifty 15900 call saw addition of 3.30 lakh shares in OI, whereas 15000 put saw addition of 18.29 lakh shares In OI.
* India VIX ended 0.08% up @ 12.81 against the previous close of 12.80
Technical Snapshot
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