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Key Highlights:

NIFTY continues to make a fresh Life Time Highs, however it manages to close above 15700 mark

NIFTY SPOT: 15740.10 (-0.07%)

DYNAMIC PARAMETER: Index maintained Higher Top Higher Bottom pattern.

TRADING ZONE: Resistance: 15778 (All Time High) / 15861 (Key Resistance)

Support: 15680 (Day Low) / 15597 (Gap Support)

BROADER MARKET: OUTPERFORMED, MIDCAP 27042 (0.60%), SMALLCAP 9674 (0.54%)

Advance-Decline: 1051 / 880

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

BANKNIFTY SPOT: 35085.30 (-1.01%)

DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern

TRADING ZONE:

Resistance: 35449 (Day High) / 35810 (5 Day High)

Support: 34930 (2 Week Low) / 34410 (Swing Low)

VIEW: Bullish till above 34930 (2 Week Low).

Key Highlights:

* Nifty June Futures ended 16.25 points down @ 15768.60 with a premium of 28.50 points.

* Nifty futures open interest increased by 1.21 lakh shares with June series total open interest stands at 1.09 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 15700 call saw addition of 1.20 lakh shares in OI, whereas 15500 put saw addition of 1.91 lakh shares In OI

* India VIX ended 2.18% down @ 15.23 against the previous close of 15.57

Technical Snapshot

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