06-10-2021 09:26 AM | Source: GEPL Capital Ltd
Nifty continues to make a fresh Life Time Highs, however it unable to sustain at higher levels - GEPL Capital
News By Tags | #57 #879

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Key Highlights:

NIFTY continues to make a fresh Life Time Highs, however it unable to sustain at higher levels….​​​​​

NIFTY SPOT: 15635.35 (-0.67%)

DYNAMIC PARAMETER: Index formed Lower Top Lower Bottom pattern

TRADING ZONE: Resistance: 15700 (Intraday Resistance) / 15800 (All Time High)

Support: 15566 (Day Low) / 15459 (6 Day Low)

BROADER MARKET: UNDERPERFORMED, MIDCAP 26847 (-0.72%), SMALLCAP 9544 (-1.35%)

Advance-Decline: 713 / 1217

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

 

BANKNIFTY SPOT: 34800.50 (-0.81%)

DYNAMIC PARAMETER: Index maintained Lower Top Lower Bottom pattern

TRADING ZONE:

Resistance: 35100 (Intraday Resistance) / 35402 (Day High)

Support: 34533 (20 Day SMA) / 34410 (Swing Low)

VIEW: Bearish till below 34930 (Previous Week Low).

 

Key Highlights:

* Nifty June Futures ended 108.35 points down @ 15660.25 with a premium of 24.90 points.

* Nifty futures open interest decreased by 1.89 lakh shares with June series total open interest stands at 1.07 crore shares.

* Nifty 16000 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 35000 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 3.15% down @ 14.75 against the previous close of 15.23

Technical Snapshot

 



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