LAST DAY SNAP SHOT:-
The markets traded range bound throughout the day and closed flat. Realty, consumer durables, capital goods and banking were the biggest gainers in today's session while FMCG and auto were the biggest losers. The Sensex closed at 17399, down 31 points from its previous close, and the Nifty closed at 5279, no change. The CNX Midcap index was up 1% while the BSE Smallcap index gained 1.1% in today's trade. The market breadth was positive with advances at 974 against declines of 481 on the NSE.
CURRENT TECHNICAL CONDITION:-
FII sold nifty future worth rs 41.97 cr and open interest increased by 1.7% indicating they have partial booked profit in nifty future.
Nifty 5400 call 5269550 shares standing with highest open interest with addition of 661350 new shares in open interest.
Nifty 5300 call added 669,300 new shares in open interest and 5300 put added 254,850 new shares in open interest. Nifty 5200 put seen highest addition 853,400 shares in open interest.
Overall total call option open interest increased by 7.6% and total put option open interest increased by 4.8%. Nifty future volume decreased by 43.5% today.
As per above data indicating that after a sharp jump market is in mood to take some rest here. As per EOD chart indicating that market is moving towards 5400 where nifty will complete 70% retresment also.