Sunday, March 6, 2011

Nifty Future and Option Analysis for 7 March

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NIFTY FUTURE-CMP(5535.95) is currently in BULL trend . Yesterday the trend was STRONG BEAR In Mar series Nifty future added 9.09 lakh position in Open Interest and this accounts to 4.00286280555 % of Total Open Interest in Mar series.The Nifty Mar series is trading at 2.8 Rs discount to Underlying . In derivative cumulatively for all series contract Nifty future net added 7.04 lakh position in open interest and this accounts to 2.64 % of Total Open Interest in all series and cumulatively trading in average premium of 14.17 Rs to Underlying. The open interest is also increasing with trend

NIFTY FUTURE LEVEL-Mar/07/2011


R3R2R1PIVOTS1S2S3
5630.315587.515561.735555.15510.175484.395441.59

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