The NIFTY unable to sustain at higher levels, however it closes below 20 Day SMA - GEPL Capital
Key Highlights:
The NIFTY unable to sustain at higher levels, however it closes below 20 Day SMA….
NIFTY SPOT: 15752.40 (-1.07%)
DYNAMIC PARAMETER: Index formed Doji candle pattern.
TRADING ZONE: Resistance: 15882 (Gap Resistance) / 15962 (All Time High)
Support: 15707 (Day Low) / 15632 (Swing Low)
BROADER MARKET: OUTPERFORMED, MIDCAP 27625 (-1%),
SMALLCAP 10450 (-0.81%)
Advance-Decline: 938 / 1048
VIEW: Bullish till above 15632 (Swing Low).
BANKNIFTY SPOT: 35079.20 (-1.88%)
DYNAMIC PARAMETER: Index formed Doji candle pattern. .
TRADING ZONE:
Resistance: 35675 (Gap Resistance) / 35977 (3 Day High)
Support: 34859 (Swing Low) / 34525 (Key Support)
VIEW: Bullish till above 34859 (Swing Low).
Key Highlights:
* Nifty July Futures ended 183.60 points down @ 15752.40 with a premium of 0 point.
* Nifty futures open interest decreased by 3.75 lakh shares with July series total open interest stands at 0.91 crore shares.
* Nifty 16000 call has highest OI, whereas 15000 put holds the highest OI and Banknifty 36000 call has highest OI and 34000 put has highest OI.
* Nifty 15800 call saw addition of 10.39 lakh shares in OI, whereas 15900 put saw unwinding of 7.19 lakh shares In OI.
* India VIX ended 8.28% up @ 12.68 against the previous close of 11.71
Technical Snapshot
To Read Complete Report & Disclaimer Click Here
To Know More Details Visit GEPL Capital
SEBI Registration number is INH000000081.
Please refer disclaimer at https://geplcapital.com/term-disclaimer
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
More News
Nifty has an immediate resistance placed at 17600 and on a decisive close above expect arise...