AUTOMATED TRADING

AUTOMATED TRADING

29 October 2012

NIFTY MONDAY PRE MARKET UPDATE

Market closed below 13 day exponential moving averages but trend is still unclear on EOD basis so the technical remain same as it was in previous session.
Nifty positive above 5725 and Nifty negative below 5633. As per option open interest data Nifty 5700 call and put both have added fresh  more than 6.5 lakh shares in open interest indicating that this session may be volatile session. Fresh short will be seen after close below 5645 level and fresh long position can be made after close above 5725. follow these  level at spot nifty price.
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