DAILY NIFTY DERIVATIVE ANALYSIS 18/feb/2014

[chavi verma]

F&O NEWS

India Indices- Monday Nifty Index opened +8.75 points up at+6057.10 in positive from the previous closing at 6048.35 and closed in positive at +6073.30.In the opening of the market Nifty opened with buying pressure with the high of 6070.00 but after that nifty traded with hyper movement with down trend and made a low of 6038.30 after 11 o’ clock, after that we saw some recovery with hyper movement and nifty index traded with new day high of 6080.65 near the closing of the market. At the closing of the market Nifty closed in Positive above 6050.00 at 6073.30 near to our resistance with +0.41%, +24.95points up from the previous day closing 6048.35 and the full day Nifty Index traded between 6080.65-6038.30. At the end of the day Nifty futures Gained +0.66%, +40.00 points up to close at +6098.00 from the previousday closing at 6058.00 with premium of +24.70 points and percent changein openinterest of +4.51%.

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