There was not much difference on close for last 3 days. May be tomorrow we may see breakdown, due to last friday before expiry and rollover.
Thursday, May 19, 2011
NIFTY Spot EOD Chart 19-05-11
There was not much difference on close for last 3 days. May be tomorrow we may see breakdown, due to last friday before expiry and rollover.
Nifty Option Index EOD-18th May 2011 Open Interest and Chart
Today there was decrease in 5500 & 5600 call which might have saved nifty from falling down.
Since 5500 and 5600 Call have the highest OI, an increase in OI tomorrow with price decrease, may take nifty down.
PUT
Today there was an addition of OI in 5300 & 5400 put, supported by decrease in 5500 & 5600 call holding nifty above 5400.
OI decrease in 5400 put tomorrow may bring nifty spot below 5300.
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