AUTOMATED TRADING

AUTOMATED TRADING

9 February 2012

Nifty close above 5400 level after three days consolidation. Today 5300 put Open  Interest  1,197,850 new contract added with total open interest at 6,875,300 contract.
Nifty 5400 call open Interest reduced  -189,250 contract today. while 5400 put Open interest added 1,174,600 new contract. seller are aggressive to sell the contract even 5400 put.
I told you before any close above 5400 will kiss 5520 level very soon.
 tomorrow sustaining above 5400 level will confirm  this rally towards 5520.

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