IGI Logo

Key Highlights:

The NIFTY manages to close above 20 Day SMA…

NIFTY SPOT: 15748.45 (-0.42%)

DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern.

TRADING ZONE: Resistance: 15836 (Day High) / 15915 (All Time High)

Support: 15673 (5 Day Low) / 15505 (7 Day Low)

BROADER MARKET: Inline, MIDCAP 26901 (-0.50%), SMALLCAP 9712 (-0.14%)

Advance-Decline: 884 / 1045

VIEW: Bullish till above 15431 (Previous Swing High).

BANKNIFTY SPOT: 35010.30 (-0.99%)

DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern

TRADING ZONE:

Resistance: 35337 (Day High) / 35577 (3 Day High)

Support: 34913 (Day Low) / 34525 (5 Day Low)

VIEW: Bullish till above 34525 (Swing Low).

Key Highlights:

* Nifty July Futures ended 69.35 points down @ 15785.60 with a premium of 37.15 points.

* Nifty futures open interest decreased by 0.47 lakh shares with July series total open interest stands at 0.95 crore shares.

* Nifty 16000 call has highest OI, whereas 15500 put holds the highest OI and Banknifty 36000 call has highest OI and 34000 put has highest OI.

* Nifty 15800 call saw addition of 2.69 lakh shares in OI, whereas 15500 put saw addition of 1.40 lakh shares In OI.

* India VIX ended 2.99% up @ 13.00 against the previous close of 13.40

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