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Key Highlights:

The NIFTY closes at Life Time High levels….

NIFTY SPOT: 15923.40 (-0.01%)

DYNAMIC PARAMETER: Index maintained Higher Top Higher Bottom pattern.

TRADING ZONE: Resistance: 15986 (Key Resistance) / 16050 (Key Resistance)

Support: 15855 (2 Day Low) / 15785 (20 Day SMA)

BROADER MARKET: OUTPERFORMED, MIDCAP 27851 (0.35%),

SMALLCAP 10447 (1.10%)

Advance-Decline: 1015 / 935

VIEW: Bullish till above 15632 (Swing Low).

BANKNIFTY SPOT: 35751.80 (-0.43%)

DYNAMIC PARAMETER: Index formed Inside Week candle pattern.

TRADING ZONE:

Resistance: 36000 (Key Resistance) / 36300 (Key Resistance)

Support: 35625 (2 Day Low) / 35434 (3 Day Low)

VIEW: Bullish till above 35206 (20 Day SMA).

Key Highlights:

* Nifty July Futures ended 1.30 points down @ 15936 with a premium of 12.60 points.

* Nifty futures open interest decreased by 3.09 lakh shares with July series total open interest stands at 0.95 crore shares.

* Nifty 16000 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 36000 call has highest OI and 34000 put has highest OI.

* Nifty 16800 call saw addition of 9.52 lakh shares in OI, whereas 15000 put saw addition of 6.21 lakh shares In OI.

* India VIX ended 4.56% down @ 11.71 against the previous close of 12.27

Technical Snapshot

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