For 15 Feb 2012 trading, Nifty and Bank Nifty on the 90 min charts is in buy mode with supports coming around 5378 and 10400 respectively, up from the 14 Feb support levels. Shorts should be initiated only if the support breaks. And also the today Higher open interest shifts from 5200PE to 5300PE which indicates put writers are bullish on holding 5300 on EOD basis for the current option series.
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