Stock Market - A Maze for Big Brains!

Sunday, 26 June 2011

Nifty OI June 24th



Okay, so the bulls were ready for a pull upto 5500 and so such high builup in 5500ce yesterday. Looking at today's OI and considering it to be far far different from yesterday's, it looks like a very strong short builup at the 5200, 5300, 5400 PE with values hovering around 89, 86 and 85 lacs with a strong change in OI of 5400, 5500, 5300. The volumes of calls too stands strong at around 75lacs at 5600ce and 70lacs at 5500 with some long liquidation at 5400 ce and 5300 ce suggesting a point of good resistance.

No comments:

Post a Comment