Nifty Analysis
Nifty Analysis
The Nifty50 index has ended with the net loss of 175.80 points or 1.76 per cent. We have a shortened trading week coming up with Monday being a holiday. In the coming week, we see the benchmark trading in a defined range not making much headway on the upside. The coming week might also remain volatile and the levels of 9,685 will be critically watched.
The next week will see the levels of 9,900 and 9,990 playing out as resistance levels. Supports come in at 9,685 and 9,610 zones.
Nifty Options Analysis :
Support : 9700 Resistance : 10000
MAX OI Contracts :
10000 CE - 48.3 Lakhs OI Contracts & 9700 PE - 35.22 Lakhs OI Contracts
Sentimental Indicators:
INDIA VIX = 12.48
TRIN : 0.67
NIFTY OI PCR : 0.84
Fundamental Indicators:
PE RATIO : 25.43
PB RATIO : 3.35
DIV YIELD : 1.17
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