Nifty and Bank Nifty February future contract turned to sell mode on 24th Feb 2014. Currently the resistance zone coming close to 6064 and 10348 respectively reverse your position to positional buy if the resistance breaks on the upper side.
Nifty Options – Open Interest Lookup
This February Options series is quite interesting so far. Series started with writing at 6000PE. And Feb 6000PE writers are not covering their open interest built there for the past three days. Eventhough nifty spot dipped down below 6000 on the first half of the intraday trade however it finds itself to manage to close above 6000 for the past three consecutive trading sessions.