Showing posts with label option expiry. Show all posts
Showing posts with label option expiry. Show all posts

Friday, August 21, 2020

NIFTY WEEKLY REPORT FOR EXPIRY WEEK 24 AUG TO 28 AUG 2020


WEEKLY RESISTANCE FOR NIFTY: 11450, 11550,11650
PIVOT POINT: 11350
WEEKLY SUPPORT FOR NIFTY:  11250, 11150, 11050
WEEKLY CHART FOR NIFTY


















DAILY RESISTANCE FOR NIFTY: 11425, 11475,11525
PIVOT POINT: 11350
DAILY SUPPORT FOR NIFTY:  11300, 11250, 11200
DAILY CHART FOR NIFTY


On the back of positive global cues, Nifty started trading for the week with a gap up around the 11250 mark. However, the index gave up the opening gains in the first hour of trade and corrected by about 100 points from the opening level. It then consolidated for most part of the session and recovered gradually to end the day around the opening levels. The index started the Tuesday session on a flat note; however it rallied higher in the first hour of the day up to 11340. It then consolidated below that level and resumed the positive momentum at the end and tested the 11400 mark in last half an hour. Post Tuesday’s breakout, Nifty started Wednesday’s session with a gap up around the 11450 mark. However, it then consolidated within the range of 11460-11400 throughout the day and ended near the lower end of the range. Our markets have seen some relentless move in the last few weeks along with global peers. Since globally we witnessed some nervousness Thursday morning, our markets reacted with a gap down opening but fortunately not to the tune of what SGX Nifty was indicating. During the remaining part of the day, Nifty gyrated in a small range of nearly 70 points to eventually settle the weekly expiry tad above the 11300 mark. nifty closed the week at 11376. 

Wednesday, March 26, 2014

NIFTY OUTLOOK FOR MARCH EXPIRY

Buy Tatasteel  360 Apr call @ 5.40 tg 6.90,7.60 sl 2.95
Sell Axis bank future below 1470 tg 1411,1400 sl 1434
NIFTY OUTLOOK FOR TOMORROW 
Index was bullish in  morning trade,but as we mentioned yesterday if nifty future manage to cross the level of 6625 then more upmove can be seen .But nifty made a high of 6620 only,even nifty couldnot sustaion the level of 6610 till he end. Tomorrow  expiry of f and  o  march series  is expected above  6600. ...