Re: Quantitative Analysis of Nifty-Call for Apr 26, 2011
Market Snapshot of April 26, 2011
Nifty clocked intraday volatility of 0.85%, which is lower than the long term average. Immediate support level lies at 5852 and resistance level lies at 5902 respectively. FII's bought INR 1560.16 and sold INR 1937.75 crores, whereas DII's bought INR 1082.1 and sold INR 845.48 crores in the cash market respectively. Indian rupee weakened by INR 0.21 vis-a-vis USD.
Nifty Put Call Ratio is at 1.635
Call for Apr 26, 2011
Initiating a Short Trade with SL 5857
Optimal Short Level from 5895 till 5872 & Optimal Square Off Level 5842
Market Snapshot of April 26, 2011
Nifty clocked intraday volatility of 0.85%, which is lower than the long term average. Immediate support level lies at 5852 and resistance level lies at 5902 respectively. FII's bought INR 1560.16 and sold INR 1937.75 crores, whereas DII's bought INR 1082.1 and sold INR 845.48 crores in the cash market respectively. Indian rupee weakened by INR 0.21 vis-a-vis USD.
Nifty Put Call Ratio is at 1.635
Call for Apr 26, 2011
Initiating a Short Trade with SL 5857
Optimal Short Level from 5895 till 5872 & Optimal Square Off Level 5842