Tuesday, August 26, 2014

Expiry Update Nifty and Bank Nifty 26/08/2014

Spot Bank Nifty :

After yesterday's gain today we have opened below 15768. Now support exists at 15519 below which 15270 is possible. Resistance at 15768 and advice to all do not remain short above this level of 15768.


Spot Nifty :

After yesterdays deterioration in premium of 7900ce we have opened below 7900 levels. Level to watch is 5894 given earlier. Below this level we may see deterioration in premium of 7800ce also. Targets below this level are 7838-7806 also given earlier. Resistance at 7934 and advice to all do not remain short above this level of 7934.

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Happy Trading !!!

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