08-03-2021 10:34 AM | Source: GEPL Capital Ltd
Nifty August Futures ended 131.75 points up @ 15909 with a premium of 23.85 points - GEPL Capital
News By Tags | #57 #879

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

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

 

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