Nifty Analysis

    The index finally ended the January series with a solid 5.65% gains. The Nifty rallied one way from the low of 10,405 to cross another landmark figure of 11,000. It tough a life-time high of 11,110 in the last week of the expiry. The index finally ended the January series with a solid 5.65% gains.

        The Public sector banks were in action, as they got a shot in the arm from Finance Minister Arun Jaitley, which could power up lending to the economy. The government announced a recapitalization package of 88,139 cr this fiscal year to PSU banks.

Nifty Options Analysis :

Support : 11500   Resistance : 10500

MAX OI Contracts :11500 CE - 22.30 Lakhs OI Contracts &  10500 PE - 48.28 Lakhs OI Contracts

Sentimental Indicators:

INDIA VIX = 17.5
TRIN : 0.67                (Bullish)
NIFTY OI PCR : 1.05 (Bullish)

Fundamental Indicators:

PE RATIO  : 27.61
PB RATIO  : 3.74
DIV YIELD : 1.02

NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR: https://goo.gl/HyZDEd

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