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Key Highlights:

The NIFTY unable to sustain above 15800 mark

NIFTY SPOT: 15772.75 (0.17%)

DYNAMIC PARAMETER: Index formed Higher Top Higher Bottom pattern.

TRADING ZONE: Resistance: 15850 (Intraday Resistance) / 15901 (All Time High)

Support: 15658 (20 Day SMA) / 15505 (2 Day Low)

BROADER MARKET: In Line, MIDCAP 26732 (0.10%), SMALLCAP 9686 (0.52%)

Advance-Decline: 1195 / 745

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

BANKNIFTY SPOT: 34745 (-0.36%)

DYNAMIC PARAMETER: Index unable to sustain above 20 Day SMA

TRADING ZONE:

Resistance: 35281 (Day High) / 35810 (Swing High)

Support: 34450 (Intraday Support) / 33908 (3 Day Low)

VIEW: Bullish above 35079 (20 Day SMA).

Key Highlights:

* Nifty June Futures ended 29.45 points up @ 15773.25 with a premium of 0.50 point

* Nifty futures open interest decreased by 18.96 lakh shares with June series total open interest stands at 0.61 crore shares

* Nifty 16000 call has highest OI, whereas 15500 put holds the highest OI and Banknifty 35000 call has highest OI and 33000 put has highest OI.

* Nifty 15900 call saw addition of 20.46 lakh shares in OI, whereas 15800 put saw addition of 13.51 lakh shares In OI.

* India VIX ended 2.12% down @ 14.74 against the previous close of 15.06

Technical Snapshot

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