Options Today
On the call options front addition of open interest was witnessed in last trading session at strike price of 5400 and 5500.
On the put options front we have seen addition of open interest in last trading session at strike price of 5200 and 5300.
OI Chart Analysis: The strike price witnessed highest addition of open interest in the August Series. In coming sessions market may trade in a range of 5300-5560. On the call option front strike price with the highest open interest i.e. 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5200 and 5300 may act as a support on the downside.
Nifty Futures Today
Yesterday, Nifty Futures settled at 5418 up by 20.35 points or 0.38 %. It is expected to be bullish in today's trading session if it manages to trade above the resistance level of 5458 else below the support level of 5348 it would be in a downward trend.
Resistance: 5458 - 5558.
Support: 5348 - 5300.
Bank Nifty Today
Yesterday, CNX Bank Index gained 30.95 point or 0.30 %. Kotak Mahindra bank, IndusInd Bank and Bank of India were the top gainers amongst the banking index.
Bank Nifty Futures settled at 10523.50 up by 58.30 points or 0.56 %. It is expected to be bullish in today's trading session if it manages to trade above the resistance level of 10600 else below the support level of 10350 it would be in a downward trend.
Resistance: 10600 - 10800.
Support: 10350 - 10150.
On the call options front addition of open interest was witnessed in last trading session at strike price of 5400 and 5500.
On the put options front we have seen addition of open interest in last trading session at strike price of 5200 and 5300.
OI Chart Analysis: The strike price witnessed highest addition of open interest in the August Series. In coming sessions market may trade in a range of 5300-5560. On the call option front strike price with the highest open interest i.e. 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 5200 and 5300 may act as a support on the downside.
Nifty Futures Today
Yesterday, Nifty Futures settled at 5418 up by 20.35 points or 0.38 %. It is expected to be bullish in today's trading session if it manages to trade above the resistance level of 5458 else below the support level of 5348 it would be in a downward trend.
Resistance: 5458 - 5558.
Support: 5348 - 5300.
Bank Nifty Today
Yesterday, CNX Bank Index gained 30.95 point or 0.30 %. Kotak Mahindra bank, IndusInd Bank and Bank of India were the top gainers amongst the banking index.
Bank Nifty Futures settled at 10523.50 up by 58.30 points or 0.56 %. It is expected to be bullish in today's trading session if it manages to trade above the resistance level of 10600 else below the support level of 10350 it would be in a downward trend.
Resistance: 10600 - 10800.
Support: 10350 - 10150.
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