Nifty Open Interest Guide

This Nifty Open Interest Analysis is based on the addition in the last 5 days, which was approximately 1.57 Crore within a total OI of 1.79 Crore. The Average price for the same in Spot Comes to 5724 and in December Future is 5757.

Expiry Special NIFTY Analysis

After 35 days of consolidation NIFTY finally broken out with decent volume. So, technically this bullishness may remain for some time now. But tomorrow is expiry day for current series...let’s have a look how NIFTY is positioned itself for tomorrow.

If we look at the chart, it is clearly visible that 5760-5780 is a zone of resistance and NIFTY may likely to get resisted there. A positive opening tomorrow may trigger nifty to higher level after consolidation in opening hour. But negative divergence may appear at higher level in short time frame chart which could be used to sell on intra-day basis as nifty is overbought in shorter timer frame.

So, tomorrow NIFTY will remain volatile and give two way trading opportunity. For expiry special NIFTY Call during market hours keep eyes on NIFTY PULSE page in Facebook.

Wish you happy trading.

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Nifty Weekly Wrap : 23-11-12

This week NIFTY traded within narrow range between 5548 - 5643 before closing at 5626. There are some important observation which may drive us to fix our trading strategy next week are given below

NIFTY has taken support at lower boundary of trading channel (marked by blue line)

• Volume is slightly improved than previous week although trading range was narrower.
• Sell Cross is visible in MACD.
• RSI is turning up while Stochastic has cooled off a bit although trading in overbought territory.

Based on the observation stated above, it can be concluded that NIFTY may remain positive in coming week and it should be bought with tight SL. 5710-5730 will be the zone of tussle between bulls and bears.

For those who are apprehensive of our service, 
a value offer you cannot ignore...

1. Monthly subscription charges 3995/-
2. Register with us by paying just 495/- (Rs. Four hundred ninety five only)
3. Earn a minimum of 4000/-
4. And pay us the remaining subscription amount of 3500/- (Rs. Three thousand five hundred only) and continue with us for the full month.

For more details do send us a mail at niftypulse_famous4@yahoo.com