Markets ended down for 2nd consecutive day with Nifty taking support of 5450. Nifty was down 42.75 pts at 5462 while Sensex sliced 132 pts to settle at 18179. Euro markets were down 0.70% despite better German ifo business climate at 106.7 while Dow future was below 10k mark after a month due to weaker core durables data at (-)3.8% m/m.
Nifty Review
Trend: - Bearish
Resistance: - 5495 5550
Support: - 5415, 5370
Strategy: - Sell on highs
Bank Nifty Review
Trend: - Bearish
Resistance: - 11110 11210
Support: - 10880, 10755
Strategy: - Sell on highs
F&O Trade Review
PRODUCT NO OF CONTRACTS No. of contracts TURNOVER IN RS. CR. PUT CALL RATIO Index Futures 899134 23643.39 - Stock Futures 1360855 39776.98 - Index Options 2621503 71746.56 1.29 Stock Options 137994 4483.24 0.37 F&O Total 5019486 139650.18 1.21
Click Here To get Free Stock Tips - Stock Tips
