Nifty Weekly Analysis

Nifty Analysis


The Nifty 50 Index traded on a negative note during the week. On Monday, it opened gap up but slipped sharply over 100 points taking cues from global markets. It recovered a bit on the next day but the selling continued going into midweek. On Thursday, it again recovered some of its losses. Finally, the index traded on flattish note on the final day of the week to end the weekly session 0.39% down.

Support :  10000/ 10114

Resistance : 9755 / 9675


Nifty Options Analysis :
Support : 9700 Resistance : 10000

MAX OI Contracts :

10000 CE - 47.3 Lakhs OI Contracts &  9700 PE - 52.9 Lakhs OI Contracts

Sentimental Indicators:

INDIA VIX = 12.96
TRIN : 0.81
NIFTY OI PCR : 1.16

Fundamental Indicators:

PE RATIO  : 25.9
PB RATIO  : 3.47
DIV YIELD : 0.94

To know more details of indicators click on url - https://goo.gl/hrBirN

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