Market Summary For Last Trading Session
|OPEN = 15796.45||OPEN = 35324.65|
|HIGH = 15835.55||HIGH = 35344|
|LOW = 15749.80||LOW = 34891.30|
|CLOSE = 15799.35||CLOSE = 35047.40|
|PREVIOUS CLOSE = 15737.75||PREVIOUS CLOSE = 35131.20|
|SUPPORT = 15680||SUPPORT = 34700|
|RESISTANCE = 15850||RESISTANCE = 35500|
|VIEW = POSITIVE||VIEW =SELL ON RISE|
FII & DII Trading activity:
FII ( In Rs Cr.)
INDEX FUT = -121.70
INDEX OPT = -655.61
STOCK OPT = -72.47
STOCK FUT = +183.95
DII (In Rs Cr.)
CM = +666.36
The market opened strong on both NIFTY and BANK NIFTY. Nifty saw renewed buying by DII’s and retail investors while as profit booking was witnessed on BANK NIFTY side.
The next trading session is important for both Indices. FII’s have created long positions on both Nifty Futures as well as stock futures which is a bullish sign. Bank Nifty might witness another profit booking.
Overall Market looks strong and every dip should be utilized as an opportunity to create long position on both indices as well as stocks.
Maximum pain option for 17th June Expiry:
NIFTY BANK NIFTY
STOCKS AND SECTORS TO WATCH FOR NEXT TRADING DAY
- NIFTY FIN SERVICES(DOWN)
- NIFTY FMGC (DOWN)
- NIFTY PHARMA (UP)
- JSW STEEL(UP)
- SBI (Down)
- MARKSANS PHARMS(UP)
The market view and investment tips expressed on website are in no way a guarantee either express or implied.
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