Nifty and Bank Nifty February Future Overview

Nifty Hourly Charts

Nifty and Bank Nifty February future contract turned to sell mode on 24th Feb 2014. Currently the resistance zone coming close to 6064 and 10348 respectively reverse your position to positional buy if the resistance breaks on the upper side.

Bank Nifty hourly Charts

Nifty Options – Open Interest Lookup

This February Options series is quite interesting so far. Series started with writing at 6000PE. And Feb 6000PE writers are not covering their open interest built there for the past three days. Eventhough nifty spot dipped down below 6000 on the first half of the intraday trade however it finds itself to manage to close above 6000 for the past three consecutive trading sessions.

Related Readings and Observations

Nifty and Bank Nifty January Futures Overview – VII Nifty and Bank Nifty January futures on the hourly charts turned to positional buy mode on the last half of the wednesday session and currently with support coming around 6276 and 11022 respectivel...
Nifty and Bank Nifty January Futures Overview – VI Nifty and Bank Nifty futures on the hourly charts turned to positional sell mode on the last half of the Friday session and currently with resistance coming around 6352 and 111583 respectively. Rev...
Nifty and Bank Nifty January Futures Overview – V Nifty futures turned to positional buy mode on 10th January and currently the support zone comes around 6265. However Bank Nifty futures turned to positional buy mode on 15th January and currently ...
Nifty and Bank Nifty January Futures Overview – IV Nifty futures on the hourly charts turned to positional buy mode with support zone around 5155 Reverse your position to sell mode if the support zone breaks. However bank nifty continues to be in s...

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