Nifty 90 min charts
Nifty in sell mode with ichimoku cloud resistance coming near to 5532 and 10970 respectively. Higher Open Interest builtup seen in 5600 calls(call writing. Possibilities of nifty sustaining below 5600 for current series.
Bank Nifty 90 min charts
Nifty Open Interest Charts
Related Readings and Observations
Nifty Futures and Bank Nifty Futures October 2016 Outlook The RBI cut benchmark rates by 25 basis points (bps) on 4 October, bringing down the repo rate from 6.5% to 6.25% since then there is a significant underperformance in banknifty futures as […]
BRExit and Stock Market Crash Nifty and Bank Nifty sentiment turned negative on the EOD charts on the event of BRExit poll announcement. And the global markets also strongly reacted for the BRExit poll outcome. USDINR […]
Nifty and Bank Nifty Futures – Daily Sentiment Update Nifty and Bank Nifty Daily Sentiment oscillators are holding positive and currently. Minor Resistance zone coming around 7870 and 16800 respectively. Breakout is likely to be on the upper […]
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Nifty and Bank Nifty July Futures Outlook It is interesting to note that DII's are relentlessly buying the equity market right from 12th June 2015 despite Greece Exit fears, Global Meltdown and Indian Market seems to be resilient […]
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