Yesterday markets returned to the levels of 5900 seen last wednesday and proved to be confined in a range.
Options data saw all near strike puts adding on to open interest and most of the calls unwinding except 6000 call.
There are still not signs of a breakout eitherside inspite of the strong up move seen yesterday (http://tinyurl.com/2cey86g) and it is likely that markets will fall back into range.
Resistance levels : 5921, 5947, 5985
Support levels : 5891, 5845, 5790
No comments:
Post a Comment