Tuesday, December 7, 2010

Nifty Futures-Option Analysis for 8 Dec

Nifty Futures Trading Ideas

NIFTY FUTURE LEVEL-Dec/08/2010


R3R2R1PIVOTS1S2S3
6075.796045.726027.615995.735991.395973.285943.21

NIFTY OPTION ANALYSIS-NIFTY CALL-NIFTY PUT


Record updated for-.Dec/08/2010- In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to put side and writing of put is increasing The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 741.14 lakh position and Nifty call option has added 612.44 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 4.18 crore in value and Nifty call option has added Rs 2.01 crore in value on cumulative basis

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