Nifty Hourly Charts
![Nifty Fut]()
Nifty and Bank Nifty turned to hourly charts on 4th march onwards currently the support zone comes around 6253 and 10837 respectively. Reverse the position to sell mode if the support zone breaks on EOD basis.
Bank Nifty Hourly Charts
![Bank Nifty Fut]()
India VIX Hourly Charts
So far India VIX in march month is in declining mode and currently India VIX is below sub 14 levels and next two trading days we can expect VIX to trade lower with compressed volatility.
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Open Interest
6200PE writers are building higher open interest for the past two days and they are likely to have a strong belief that 6200 will be the support zone for the current Option expiry series.
![Open Int]()
Related Readings and Observations
- Nifty and Bank Nifty Future March Overview – II Nifty March future on the hourly charts is in positional buy mode since the interim budget 2014 event and currently the support zone comes near 6237. Reverse your position to positional shorts only...
- Nifty and Bank Nifty Future March Overview – I Nifty March future on the hourly charts is in positional buy mode since the interim budget 2014 event and currently the support zone comes near 6192. Reverse your position to positional shorts only...
- Nifty and Bank Nifty Futures February Expiry Overview Nifty February future on the hourly charts is in positional buy mode since the interim budget 2014 event and currently the support zone comes near 6116. Reverse your position to positional shorts o...
- Nifty and Bank Nifty February Future Overview – VI Nifty and Bank Nifty februrary future on the hourly charts is in positional buy mode on the interim budget 2014 event and currently the support zone comes near 6096 and 10435 respectively. Revese y...
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