Equity Big Shot- Indian Market View, Vol 116
Finaux Alpha 6 Investment Advisor Pvt LtdSettlement 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