Nifty Analysis
The Nifty 50 Index traded on a negative note during the week. Opening higher on Monday, it slipped sharply to end the session 97 points down. The selling pressure dominated the index as it fell an additional 131 points over the next two days. But, on Thursday, it opened gap up and rallied 97 points. The bullish momentum continued on the final day of the week as well where the index opened 110 points gap up after Moody's upgrades India's rating. But, it finally ended its weekly session 0.37% down.
Support : 10150 Resistance : 10330 / 10420
Nifty Options Analysis :
Support : 10200 Resistance : 10500
MAX OI Contracts :10200 PE - 46.31 Lakhs OI Contracts & 10500 CE - 59.95 Lakhs OI Contracts
Sentimental Indicators:
INDIA VIX = 13.71TRIN : 0.37
NIFTY OI PCR : 0.9
Fundamental Indicators:
PE RATIO : 26.14PB RATIO : 3.46
DIV YIELD : 1.08
NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR: https://goo.gl/HyZDEd
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