DERIVATIVE ANALYSIS FOR THE WEEK as on April 15 ,2014

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reena sharma

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Apr 14, 2014, 3:07:09 AM4/14/14
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CNX NIFTY
In the weekly chart of Nifty Futures, we saw much buying in Nifty index and Nifty Futures, In the weekly chart of Nifty we can see continuous up trend from past weeks, In the weekly chart Nifty Futures took a support of 21 day’s moving average of 6370.00 and from there we saw bullishness in Nifty Index, in the opening of the week we saw selling in Nifty and Nifty futures traded with the weekly low of 6696.85.00 but near the end of the week Nifty recovered and made a Life time high of 6861.25 in which we saw top weekly gained in SUN PHARMA with +9.85%, +56.35 Rs Changes, and NMDC with 7.59%, +10.65 Rs change.

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