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Key Highlights:

NIFTY closes at a fresh Life Time Highs on weekly charts….

NIFTY SPOT: 15670.25 (-0.13%)

DYNAMIC PARAMETER: Index maintained Higher Top Higher Bottom pattern.

TRADING ZONE: Resistance: 15733 (All Time High) / 15800 (Key Resistance)

Support: 15597 (Gap Support) / 15459 (3 Day Low)

BROADER MARKET: OUTPERFORMED, MIDCAP 26551 (0.72%), SMALLCAP 9475 (0.37%)

Advance-Decline: 1118 / 799

VIEW: Bullish till above 15374 (5 Day Low).

BANKNIFTY SPOT: 35291.65 (-1.00%)

DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern

TRADING ZONE:

Resistance: 35810 (Day High) / 36000 (Key Resistance)

Support: 35176 (Day Low) / 34930 (5 Day Low)

VIEW: Bullish till above 34930 (5 Day Low).

Key Highlights:

* Nifty June Futures ended 11.55 points down @ 15700.85 with a premium of 30.60 points

* Nifty futures open interest increased by 0.58 lakh shares with June series total open interest stands at 1.05 crore shares.

* Nifty 16000 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 40000 call has highest OI and 33000 put has highest OI.

* Nifty 16000 call saw addition of 1.83 lakh shares in OI, whereas 15000 put saw addition of 3.71 lakh shares In OI.

* India VIX ended 1.21% up @ 15.94 against the previous close of 15.75

Technical Snapshot

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