2024-09-19 11:11:42 am | Source: Geojit Financial Services Ltd.
Morning Nifty and Derivative comments 19 Septembar 2024 By Anand James, Geojit Financial Services

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 moreDerivative 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 moreAbove views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News

Company Update : Apollo Hospitals Ltd By Motilal Osw...

India`s equity benchmarks likely to rise after Trump...

GST has reshaped India`s economic landscape, says PM...

GST enhanced taxpayer base, Ease of Doing Business i...

Evening Roundup : A Daily Report on Bullion Energy &...

MOSt Market Roundup : Nifty future closed positive w...

Shubhanshu Shukla leads experiment to decode muscle ...

Cabinet approves Rs 1,853 crore project to build 4-l...

Quote on Rupee 01 July 2025 by Jateen Trivedi, VP Re...

Quote on Gold 01 July 2025 by Jateen Trivedi, VP Res...