Nifty: Resistance 5415-5420/5444-5455/5491
Support 5385/5353/5333/5315/5303
Amid high volatility, Nifty managed to give closing above 5400. For today, Nifty may open gap down with 20-25 Pts inline with Asian Mkt. On upside, 5415-5420 will play vital role.... if breached & sustained 5450 can be seen. On lower side, 5353 is crucial support, which is expected to held ( closing basis ).. so traders may use limited buying opportunity in dips upto 5353.
FIIs have covered some of their long positions in the index futures and the stock futures. They continued their buying in the Index options and were net buyers of Rs579cr in the cash market segment.
The rollover in all stock and index F&O contracts to August was 82% compared to an average of 74% in the past three expiries. Rollover in stock F&O alone was about 85%.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment