In coming sessions market may trade in a range of 5200-5500. On the call options front addition of open interest was witnessed in last trading session at strike price of 5500 and 5600. On the put options front we have seen addition of open interest in last trading session at strike price of 5200 and 5300.
Nifty Futures shut stop at 5318.55 down by -77.95 points or -1.44 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5290 else above resistance level of 5380 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5380 & above this level the next resistance is seen near the 5440 mark.
SUPPORT: It has first support close to the level of 5290 & below this level the next support is seen near 5230 mark.
Nifty Futures shut stop at 5318.55 down by -77.95 points or -1.44 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5290 else above resistance level of 5380 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5380 & above this level the next resistance is seen near the 5440 mark.
SUPPORT: It has first support close to the level of 5290 & below this level the next support is seen near 5230 mark.
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