Nifty Analysis

The Nifty 50 Index traded the week on a volatile note. 'After opening on a flattish note on Monday, the index plunged nearly 100 points for the day. The selling pressure continued until mid-week, setting a low of 10,405. But the bulls came to rescue on Thursday, where the index recovered some of its losses. Finally, on Friday, the Nifty index opened gap up and rallied strongly to touch a fresh life-time high of 10,566. However, it ended the weekly session marginally up.

 Support : 10500/10420  Resistance :10600 /10650



Nifty Options Analysis :

Support : 11000   Resistance : 10400

MAX OI Contracts :

11000 CE - 43.36 Lakhs OI Contracts &  10400 PE - 60.85 Lakhs OI Contracts

Sentimental Indicators:

INDIA VIX = 13.11
TRIN : 0.45                 (Bullish)
NIFTY OI PCR : 1.22    (Bullish)

Fundamental Indicators:

PE RATIO  : 26.99
PB RATIO  : 3.55
DIV YIELD : 1.07

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

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

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