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Key Highlights:

NIFTY touches the 15900 mark for the 1st time….

NIFTY SPOT: 15869.25 (0.36%)

DYNAMIC PARAMETER: Index sustained at All Time High levels.

TRADING ZONE: Resistance: 15901 (Day High) / 15986 (100% Extension level of previous advance 13596 - 15431 projected 14151)

Support: 15823 (Gap Support) / 15750 (Key Support)

BROADER MARKET: OUTPERFORMED, MIDCAP 27364 (0.61%), SMALLCAP 9760 (0.45%)

Advance-Decline: 1156 / 787

VIEW: Bullish till above 15566 (2 Week Low).

BANKNIFTY SPOT: 35247.75 (0.75%)

DYNAMIC PARAMETER: Index formed Higher Top Higher Bottom pattern

TRADING ZONE:

Resistance: 35402 (5 Day High / 35810 (Swing High)

Support: 34917 (Day Low) / 34500 (Key Support)

VIEW: Bullish above 35810 (Swing High).

Key Highlights:

* Nifty June Futures ended 46.35 points up @ 15879 with a premium of 9.75 points

* Nifty futures open interest increased by 4.75 lakh shares with June series total open interest stands at 1.21 crore shares

* Nifty 16000 call has highest OI, whereas 15500 put holds the highest OI and Banknifty 36000 call has highest OI and 33000 put has highest OI.

* Nifty 16300 call saw addition of 5.52 lakh shares in OI, whereas 15900 put saw addition of 4.12 lakh shares In OI

* India VIX ended 0.75% down @ 14.61 against the previous close of 14.72

Technical Snapshot

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