India Indices- On Monday market Nifty Index opened Gap up +28.80 points at7780.40 in positive from the previous day closing at 7751.60 and closed in positive at 7778.75.Nifty Index opened positive and traded with the life time high of 7791.40 but slipped down with hyper selling and near 01 o’clock Nifty Index traded with the day low of 7759.90 but after that again Nifty Index recovered and closed positive near our 1st Resistance 7783.00 at 7778.75 with +0.35% +27.15 points up from the previous day closing at 7751.60. And the full day Nifty Index traded between 7791.40-7759.00. At the end of the day Nifty futures Gained +0.19%, +14.55 points up to close at 7797.05 from the previousday closing at 7782.50 with daily premium of 18.30 points and percent changein openinterest of +7.39%.
READ MORE : DERIVATIVE DAILY ANALYSIS 8/july/2014