On 25 October also we saw volatility in the market, but it managed to recover from the fall of the last four days and close in the green mark. In yesterday’s trade, the market was supported by banking and financial stocks, Bank Nifty closed at a record high. At the same time, pressure was seen on IT, FMCG and auto stocks.
BSE Sensex closed at 60,967.05 with a gain of 145.43 points. At the same time, Nifty closed at 18,125.40 with a gain of 10.50 points. Nifty formed a bearish candle yesterday forming a hammer like pattern on the daily chart.
Nagraj Shetty of HDFC Securities Says that in addition to the similar candle formed on Friday, a small negative candle with lower shadow was seen forming on the daily chart in yesterday’s trading as well. Technically speaking, this pattern indicates a rangebound action in the market with a slight upside recovery from lower levels. This is not a concrete sign of the return of the bulls. We can see Nifty trading in a range with a slight positive trend in the short term.
Here we are giving you some such data, on the basis of which it will be easy for you to catch profitable deals. It should be noted here that the Open Interest (OI) and volume of stocks in this story are the sum total of three months’ data, not just the current month.
Key support and resistance levels for Nifty
The first support for Nifty is located at 17982.13 and after that the second support is located at 17838.87. If the index moves upwards then it may face resistance at 18255.03 then 18384.67.
Nifty Bank
The first support for Nifty Bank is located at 40,523.8 and after that the second support is located at 39,855.2. If the index turns upwards, then it may face resistance at 41,845.3 then 42,498.2.
call option data
The maximum call open interest of 66.03 lakh contracts has been seen on the 18500 strike, which will act as an important resistance level in the October series. After this, the highest call open interest of 61.55 lakh contracts is being seen at 18200. At the same time, there is a call open interest of 56.62 lakh contracts at the strike of 18300.
Call writing was seen on the strike of 18900. 17.44 lakh contracts were added to this strike. After that 8.24 lakh contracts have been seen to be added even at 18600.
The maximum call unwinding was seen on the strike of 18800. This was followed by the highest call unwinding at 18000 and then 18200 strike.
put option data
The maximum put open interest of 39.40 lakh contracts has been seen at the strike of 17500, which will act as an important resistance level in the October series. After this, the highest put open interest of 38.91 lakh contracts is being seen at 18000. At the same time, there is a Put Open Interest of 31.30 lakh contracts at the strike of 17800.
Put writing was seen on the strike of 17600. 5.8 lakh contracts were added to this strike. After that 4.69 lakh contracts have been seen being added even at 17400. Whereas 4.26 lakh contracts are connected at 17800.
The maximum put unwinding was seen on the strike of 18200. This was followed by the highest put unwinding at 18300 and then 18500 strike.
Stocks with High Delivery Percentage
These include the names of Infosys, HCL Tech, HDFC, SBI Life. A high delivery percentage indicates that investors are showing interest in those stocks.
FII and DII figures
On October 25, foreign institutional investors sold Rs 2,459.10 crore in the Indian markets. On the other hand, domestic institutional investors bought Rs 2,390.23 crore on this day.
Stocks coming under F&O ban on NSE
On October 26, 6 stocks are under F&O ban on NSE. These include the names of Escorts, Indiabulls Housing Finance, Indian Energy Exchange, NMDC, SAIL and Sun TV Network. It is to be noted that the stocks included in the F&O segment are put in the ban category if the positions of the securities exceed their market wide position limits.
results coming today
आज Axis Bank, Kotak Mahindra Bank, Bajaj Finance, ABB India, Cipla, Ambuja Cements, Asahi Songwon Colors, Best Agrolife, Birlasoft, Canara Bank, Central Bank of India, Century Enka, Cera Sanitaryware, Coromandel Engineering, Gati, Greaves Cotton, Greenlam Industries, Hikal, IRB Infrastructure Developers, Jindal Stainless, Dr Lal PathLabs, Mahindra Lifespace Developers, Meghmani Finechem, Mahanagar Gas, Meghmani Organics, Mangalore Refinery & Petrochemicals, Nippon Life India Asset Management, Persistent Systems, PI Industries, Sharda Cropchem, Shiva Cement, Surya Roshni, Symphony, Torrent Pharmaceuticals, Triveni Turbine, Wabco India, और Zensar Technologies के तिमाही नतीजे आएंगे।
Facebook us for social media updates (https://www.facebook.com/moneycontrolhindi/) and Twitter (.) to follow.
.