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Nifty Future and Bank Nifty futures – New Year 2015 Overview

Nifty Futures Hourly Charts

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Nifty hourly Futures

Nifty continues to be in the sideways mode on the hourly charts and Bank Nifty shows a good amount of trendiness compared to Nifty. Current support zone on the hourly charts comes around 8204 and 18526. Closing below the support levels might turn the trend towards the down side.

Bank Nifty Futures Hourly Charts
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Bank Nifty hourly charts

Nifty Future Retruns Since 2005
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Nifty Futures Return

Nifty Options Open Interest
Currently 8000PE holds the highest amount of open interest (58.67 lakh shares) amoung the strike prices and no strong open interest built up seen on the calls side.
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Open Interest

Related Readings and Observations

The post Nifty Future and Bank Nifty futures – New Year 2015 Overview appeared first on Marketcalls.

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