19-09-2024 11:11 AM | Source: Geojit Financial Services Ltd.
Morning Nifty and Derivative comments 19 Septembar 2024 By Anand James, Geojit Financial Services

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Below the Quote on Technical Views from Anand James, Chief Market Strategist, Geojit Financial Services

 

Nifty outlook:
The dips yesterday from the 25500 vicinity diffused a good deal of weakness pointed out by the hourly charts. However, should we see an open above 25600, expect a drop. Else expect swings on either side of 25400, especially given the soft VIX. - Read more
 
Derivative outlook:
Nifty weekly contract has highest open interest at 26000 for Calls and 25000 for Puts while monthly contracts have highest open interest at 26000 for Calls and 25000 for Puts. Highest new OI addition was seen at 25500 for Calls and 24500 for Puts in weekly and at 25800 for Calls and 24900 for Puts in monthly contracts. FIIs increased their future index long position holdings by 5.02%, increased future index shorts by 1.81% and in index options by 13.35% increase in Call longs, 4.30% increase in Call short, 7.39% increase in Put longs and 2.50% decrease in Put shorts.  - Read more
 

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