The Nifty future shut shop at 5569.55 losing 54.75 points or -0.97 percent. Nifty future increased 1045450 shares in open interest, and came to premium of 2.50 from premium of 10.75, whereas cost of carry is 2.04 vs. 7.77,down 73.74 percent. On the options front the OI PCR is at 1.43 vs. 1.29, whereas the Volume PCR at 0.96 vs. 0.91. On the Volatility Front the Indian Volatility Index has ended at 19.11% vs. 19.25% losing -0.73%

The stock has tried to take support at lower levels. Its next major support level is at 120, breach of this level will take the stock further downwards while it has resistance at 130, crossing of this level may take the stock further upwards.

R - 130

S -120

The stock moved down during the trading hour and closed on negative note. The stock is now facing resistance at 510 which is the 10 and 50 day moving average of the stock and has support at 495. As the stock closed with negative biasness a further down movement can be seen in the stock once it breaks its support level. One may go for selling the stock once it breaks its support level.

R - 510

S - 495

MARUTI showed negative biasness today and remained range bound. The stock has resistance level at 1190 and support level at 1155. In short term it is expected to consolidate and remain range bound also breaching of support level may take the stock at lower levels.

R - 1190

S - 1155