Free Intraday Share Tips and Nifty Trading Strategies for 02 Sep

The Nifty future shut shop at 5003.00 gaining 69.85 points or 1.42 percent. Nifty future increases 7,98,100 shares in open interest, and came to premium of 2 from premium of 13, whereas cost of carry is 137.06 vs -21.83, up 527.90 percent. On the options front the OI PCR is at 1.43 vs. 1.33, whereas the Volume PCR at 1.03 vs. 1.10. On the Volatility Front the Indian Volatility Index has ended at 24.88% vs.26.07% loosing 4.56%.

On the call options front addition of open interest was witnessed in last trading session at strike price of 5000 and 5200.
On the put options front we have seen addition of open interest in last trading session at strike price of 4700 and 4800.

Resistance               Support
 4975                             4800
 5080                             4715

Support and Resistance Levels of Hot Stocks

DLF
R2           R1           PP          S1          S2
204.88      200.87       194.43     190.42      183.98

HDFC BANK
R2           R1           PP          S1          S2
485.8      480.4         469.6        464.2       453.4

RELIANCE COMM.
R2           R1           PP          S1          S2
82.82       81.23        79.82        78.23       76.82

SBI
R2              R1           PP          S1           S2
2020.97    1996.98      1959.82     1935.83     1898.67

SESA GOA
R2           R1           PP          S1          S2
252.25     244.2        228.85       220.8       205.45