Thursday, August 29, 2013

Nifty 29 Aug 2013








  • Throughout the day Nifty Futures traded in Discount
  • At the start 5300 has support for calls. 5350 and 5400 resistance.
  • After few hours, 5350 resistance became support for calls
  • 5400 resistance, from 82L, slowly reduced up to 62L
  • Massive OI increase in 5400Puts, 5300Puts
  • Unwinding seen in 5300 Calls
  • OI slowly reduced from 22L in 5400CE. At 3.00PM, the OI stood at 17L
  • Previous day towards close, 5300 Call value eroded from Rs 48 to 22 and settled at Rs 27. Today because of gap open, it opened at Rs 50



- Happy Trading www.tripleint.com

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