Nifty Analysis
For the week, Nifty and Sensex ended lower by 2% each. There seems to be no relief on the street due to a host of triggers such as global sell-off amid fears of a trade war, rising crude oil prices, bond yields and a troubled domestic banking system. Uncertainty around the political situation in the country added to the woes, and collectively dragged the sentiment across the street.
Nifty Options Analysis :
Support : 10000 Resistance : 10500
MAX OI Contracts :10500 CE - 54.62 Lakhs OI Contracts & 10000 PE - 51.86 Lakhs OI Contracts
Sentimental Indicators:
INDIA VIX = 15.54
TRIN : 0.95
NIFTY OI PCR : 0.75
TRIN : 0.95
NIFTY OI PCR : 0.75
Fundamental Indicators:
PE RATIO : 24.38
PB RATIO : 3.38
DIV YIELD : 1.30
PB RATIO : 3.38
DIV YIELD : 1.30
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