Nifty and Bank Nifty 90 min charts are in buy mode with supports coming around 5651 and 11366 respectively. And the Nifty options open interest is looking very tricky. Higest and almost equal amount of open interest built up is seen in 5600PE, 5900CE , 6000CE indicating that temporary support could be offered at the 5600zone. Breaking 5600 on EOD basis could indicate change of trend.
Nifty and Bank Nifty 90min charts for 8th Nov 2012 Trading
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