Nifty Analysis
The Nifty 50 Index traded on a positive note during the week. On Monday, it opened the session 58 points gap up at a new life-time high and continued to trade higher. It then traded in a narrow range for the next three sessions. Finally, on Friday, the Nifty index opened 32 points gap up and continued the positive momentum to end its weekly session 1.15% up.
Nifty Options Analysis :
Support : 11000 Resistance : 10500
MAX OI Contracts :
11000 CE - 47.30 Lakhs OI Contracts & 10500 PE - 81.43 Lakhs OI Contracts
Sentimental Indicators:
INDIA VIX = 13.73
TRIN : 0.67 (Bullish)
NIFTY OI PCR : 1.51 (Bullish)
TRIN : 0.67 (Bullish)
NIFTY OI PCR : 1.51 (Bullish)
Fundamental Indicators:
PE RATIO : 27.28
PB RATIO : 3.6
DIV YIELD : 1.06
PB RATIO : 3.6
DIV YIELD : 1.06
Comments