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
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
Latest News
India`s tourism sector poised to create 39.5 million...
`Palace on Wheels` departs for its first journey fro...
Smriti Irani campaigns for Dr Davinder Kumar Manyal ...
UAE, Switzerland, Japan expressed interest in Rising...
`Special for Chess?Historic`: Gold Champions on clou...
Foreign diplomats visit Dal Lake, enjoy Shikara ride...
PM Narendra Modi meets India`s Chess Olympiad champs...
Gujarat`s Garib Kalyan schemes: Tale of Empowerment ...
Evening Roundup : A Daily Report on Bullion Energy &...
J&K Assembly Elections: Elderly voters arrive in whe...
More News
Morning Market Quote : Global as well as domestic factors are likely to influence the market...
Daily Market Commentary : Nifty continued its upward trajectory of making new highs above 24100 zone Says Mr. Siddhartha Khemka...
Market Quote : The ECB hinted at a potential pause in rates due to receding inflation Says Vinod Nair, Geojit Financial Services
Post-market comment by Deven Mehata, Choice Broking Ltd