Nifty August Futures ended 48.95 points down @ 16251.70 with a premium of 13.50 points - GEPL Capital
Key Highlights
NIFTY closes at Life Time High levels on weekly charts
NIFTY SPOT: 16238.20 (-0.35%)
DYNAMIC PARAMETER: NIFTY formed Doji candle pattern.
TRADING ZONE:
Resistance: 16349 (Life Time High) / 16450 (Key Resistance)
Support: 16210 (2 Day Low) / 16146 (Gap Support)
BROADER MARKET: OUTPERFORMED, MIDCAP 27945 (0.06%), SMALLCAP 10429 (0.04%)
Advance-Decline: 1103 / 833
VIEW: Bullish till above 15962 (Breakout Level).
BANKNIFTY SPOT: 35809.25 (-0.07%)
DYNAMIC PARAMETER: Index formed Doji candle pattern
TRADING ZONE:
Resistance: 36080 (Day High) / 36220 (3 Day High)
Support: 35661 (2 Day Low) / 35133 (50 Day SMA)
VIEW: Bullish till above 35133 (50 Day SMA).
Key Highlights:
* Nifty August Futures ended 48.95 points down @ 16251.70 with a premium of 13.50 points.
* Nifty futures open interest increased by 0.37 lakh shares with July series total open interest stands at 1.23 crore shares.
* Nifty 16500 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 37000 call has highest OI and 35000 put has highest OI.
* Nifty 16000 call saw unwinding of 1.01 lakh shares in OI, whereas 15400 put saw addition of 3.05 lakh shares In OI.
* India VIX ended 2.02% down @ 12.61 against the previous close of 12.87
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