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Key Highlights:

Once again NIFTY manages to close above 15700 mark

NIFTY SPOT: 15737.75 (0.65%)

DYNAMIC PARAMETER: Index formed Inside Day candle pattern.

TRADING ZONE: Resistance: 15800 (All Time High) / 15986 (100% Extension level of previous advance 13596 - 15431 projected 14151)

Support: 15648 (Day Low) / 15566 (2 Day Low)

BROADER MARKET: OUTPERFORMED, MIDCAP 27268 (1.57%), SMALLCAP 9698 (1.61%)

Advance-Decline: 1523 / 439

VIEW: Bullish till above 15374 (2 Week Low).

BANKNIFTY SPOT: 35131.20 (0.95%)

DYNAMIC PARAMETER: Index sustained above 20 Day SMA

TRADING ZONE:

Resistance: 35402 (Day High / 35810 (Swing High)

Support: 34667 (20 Day SMA) / 34410 (Swing Low)

VIEW: Bullish above 35810 (Swing High).

Key Highlights:

* Nifty June Futures ended 91 points up @ 15751.25 with a premium of 13.50 points.

* Nifty futures open interest increased by 6.08 lakh shares with June series total open interest stands at 1.13 crore shares.

* Nifty 16000 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 36000 call has highest OI and 33000 put has highest OI.

* Nifty 15800 call saw addition of 1.74 lakh shares in OI, whereas 15500 put saw addition of 2.72 lakh shares In OI.

* India VIX ended 1.69% up @ 15.00 against the previous close of 14.75

Technical Snapshot

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