Cautious approach ahead of EU summit made Nifty (June expiry) at 5149.15 with a marginal gain of 7.25 points. Nifty moved in a tight range of 34 points (between 5125 and 5159) for the whole day.
For today, BEING THE FIRST DAY OF JULY SERIES, NIFTY MAY MOVE BETWEEN 5090/5100 AND 5182. ANY BREAK BELOW 5090, 5010/5000 LEVEL WILL ACT SUPPORT WHEREAS ABOVE 5200-5224, THERE IS EVERY POSSIBILITY FOR 5400/5500 IN THIS SERIES.
From options data (Read OI analysis page),,highest options base has been shifted to 5000 & 4900 put and 5300 & 5200 calls.
For today, BEING THE FIRST DAY OF JULY SERIES, NIFTY MAY MOVE BETWEEN 5090/5100 AND 5182. ANY BREAK BELOW 5090, 5010/5000 LEVEL WILL ACT SUPPORT WHEREAS ABOVE 5200-5224, THERE IS EVERY POSSIBILITY FOR 5400/5500 IN THIS SERIES.
From options data (Read OI analysis page),,highest options base has been shifted to 5000 & 4900 put and 5300 & 5200 calls.
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST.
