The markets opened on a strong note today, as the Nifty scaled the 5750 mark for the first time in two months. An uptrend was observed through the day so far, with the nifty touching a peak of 5787.90 a little after noon, encouraged by positive global cues. The S&P CNX Nifty closed at 5736.35, up 49.10 points or +0.86 %.

Nifty Futures closed at 5754.20, nifty trend was up for last trading session. For Tomorrow nifty looking bullish from the resistance level of 5796, else it would be go for bearish trend from the support level of 5695.

Nifty Resistance - It would be 5796 & 5885.

Nifty Support - It would be 5660 & 5570.

On the call options front addition of open interest was witnessed in last trading session at strike price of 5800 and 5900.

On the put options front we have seen addition of open interest in last trading session at strike price of 5700 and 5800.

OI Chart Analysis: From the OI Chart we can see that in march Series addition of open interest on the calls front is existent in the band at strike price of 5800-5900 indicating it as resistance on the upside whereas on the put options front we can see that addition of open interest is existent at strike price of 5700-5800 indicating it as immediate support zone on the downside.