National Stock Exchange’s Nifty closed at 5179.25, up 22.60 points or 0.44 per cent. The broader 50-share index index touched intra-day high of 5212.70 and low of 5147.95. In current futures scenario Stock market go up no changes to go down but with some stress.
Bombay Stock Exchange’s Sensex ended at 17270.66, up 74.85 points or 0.44 per cent. The 30-share index touched a high of 17389.15 and low of 17240.35 in today’s trade.
Strike price in Stock Option 4900 indicating it as a very strong support on the downside whereas on
the call options front I have seen maximum addition of open interest at strike price of 5200-5300 this indicating it
as a Resistance zone on the upside.
So Stock Futures and Option both will give you profit but with very carefully way Specially in Stock Option.
In top gainers(Nifty) Tata Motors (3.51%), DLF(3.10%), Reliance Infrastructure (3.01%) and Unitech (2.58%) were. And loser were Tata Steel (-1.60%), Wipro (-1.12%), Bharti Airtel (-1.09%), Reliance Industries (-1.03%) and Hindalco (-0.82%).
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