26-11-2024 09:48 AM | Source: Geojit Financial Services Ltd
Views on Technical Market by Anand James, Chief Market Strategist, Geojit Financial Services

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

 

Nifty outlook:
The upsides of the lost moment in the first hour itself, yesterday, on anticipated lines. Even though the dips thereof did not stretch much, it might still happen in a few days, aiming for 23900. But a close back above 24030 or a direct rise above 24420 could keep the 25262 view intact. - Read more
 
Derivative outlook:
Nifty weekly contracts have the highest open interest at 25000 CE and 23800 PE while monthly contracts have the highest open interest at 25000 CE and 23000 PE. The highest addition was seen at 25200 CE and 24300 PE in weekly contracts and at 25200 CE and 24300 PE in monthly contracts. Fils Increased their future index long holdings by 16.49%, decreased future index shorts by 8.58% and in index options, 15.81% increase in Call longs, 6.25% increase in Call short, 20.51% increase in Put longs and 15.39% increase in Put shorts. - Read more
 
 

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