Equity Big Shot- Indian Market View, Vol 116

Settlement Price

Nifty: 15173.30 (+0.44%)

Bank Nifty: 35752.10 (-0.09%)

USDINR: 72.8350. (0.00%)

FII Data (Approx.)

Institution/Daily Net Position/Monthly Net Position (Cash, In crores...)

FII (+944cr) (+19503cr)

DII (-707cr) (-9757)

Put Call Ratio/Maximum Pain

NIFTY 1.36/14600

BANK NIFTY 0.90/34400

Yesterday, clearly indicated that Bank Nifty will underperform as compare to Nifty. Same trend likely to follow in today's trading session too.

Stocks in news

No major news and data for the day.

Nifty Futures

Nifty future has support at 14980 and resistance at 15266

Fresh selling we will do below 14980 levels or else it could test it's resistance level of 15266 again. 

Trade safely, Don't miss to read our weekly big shot.

Bank Nifty Futures

Bank Nifty future has support at 35350 and resistance at 36200---36700. 

Either side break or close with volume will decide further. Till then wait for confirmation.

Top Pick

Short term pick... Buy EPL above 225. Stop loss below 200. Target 275+++

(Ignore BPCL call as call is not active)

Don't miss to read our weekly big shot

Read disclaimer before investing, For queries, contact your RM or write us on research@indianmarketview.com