Friday, 20 March 2015

Derivative analysis and Updates For 20 March 2015

Nifty Future tips- On Thursday market Nifty index opened Gap up at 8749.45 with +63.55 points from the previous day closing at 8685.90 and closed negative at 8634.65. From the morning we saw continuous selling in Nifty Index, Nifty opened with day high of 8788.20 and slipped down and near closing of the market Nifty traded with day low of 8614.65, at the end of the market day Nifty Index closed negative at 8634.65 with -0.59%, -51.25 points down. And the full day Nifty Index traded between 8788.20-8614.65. At the end of the day Nifty futures Gained 0.69%, +60.30 points up to close at +8765.00 from the previous day closing at 8704.70 with premium of 130.35 points and percent change in open interest of +2.55%.

Bank Nifty –Bank Nifty Index opened up at 19345.70 with +198.45 points from the previous day closing at 19147.20 and closed negative at 18811.15. From the opening we saw continuous selling in Bank Nifty Index opened gap up and trade with day high of 19373.45 and slipped down with continuous selling and near closing of the market Nifty traded with day low of 18739.85 at the end of the market day Bank Index closed negative at 18811.15 with -1.76%, -336.10 points downAt the end of the market day Bank Nifty futures Gained +0.68%, +130.40 points up to close at 19379.00 from the previous day closing at 19248.60 with premium of +567.85 points and percent change in open interest of +4.21%.

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