Key Highlights:

The Nifty continues to close at fresh All Time High for the 2nd consecutive day….

NIFTY SPOT: 12631.10 (1.36%)

DYNAMIC PARAMETER: Nifty maintained Higher Top Higher Bottom pattern

TRADING ZONE:

Resistance: 12680 (Key Resistance) / 12750 (Key Resistance)

Support: 12500 (Intraday Support) / 12440 (Key Support)

BROADER MARKET: UNDERPERFORMED MIDCAP 18008 (0.28%), SMALLCAP 5875 (-0.06%)

AdvanceDecline: 857 / 1016

VIEW: Bullish till above 12280 (Gap Support)

BANKNIFTY SPOT: 28606 (3.89%)

DYNAMIC PARAMETER: Index formed Higher Top Higher Bottom pattern.

TRADING ZONE:

Resistance: 28802 (Day High) / 29000 (Key Resistance)

Support: 28250 (Intraday Support) / 27916 (Day Low)

VIEW: Bullish till above 27000 (Gap Support)

Key Highlights:

* Nifty November Futures ended 191.85 points up @ 12659.10 with a premium of 28 points.

* Nifty futures open interest increased by 2.70 lakh shares with November series total open interest stands at 1.17 crore shares.

* Nifty 13000 call has highest OI, whereas 12000 put holds the highest OI and Banknifty 27000 call has highest OI and 26000 put has highest OI.

* Nifty 13500 call saw addition of 9.95 lakh shares in OI, whereas 12500 put saw addition of 6.58 lakh shares In OI.

* India VIX ended 7.31% up @ 21.58 against the previous close of 20.11

Technical Snapshot

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