Nifty Analysis
This week, the Nifty 50 Index traded on a strong note. Monday saw it open the session with 30 points gap up that continued to trade higher. On Wednesday, the index gapped up 113 points to hit a new lifetime high when the government announced the recapitalization package for PSU banks. The steady momentum continued as the index touched new life highs. On Friday, the index witnessed minor profit booking, but ended its weekly session 1.70% up.
Nifty Options Analysis :
Nifty Options Analysis :
Support : 10000 Resistance : 10500
MAX OI Contracts :
10500 CE - 31.67 Lakhs OI Contracts & 10000 PE - 46.45 Lakhs OI Contracts
Sentimental Indicators:
INDIA VIX = 11.47
TRIN : 0.79
NIFTY OI PCR : 1.05
Fundamental Indicators:
PE RATIO : 26.67
PB RATIO : 3.49
DIV YIELD : 1.11
Comments