Key Highlights:

NIFTY witnesses reduced momentum near the 14000 level.

NIFTY SPOT: 13981.75 (0.00%)

DYNAMIC PARAMETER: Nifty fails to close above the 14000 mark.

TRADING ZONE: Resistance: 14024.85 (Daily high) / 14100 (Key resistance level)

Support: 13864.95 (Previous session low) / 13776 (Multiple touch point level)

BROADER MARKET: OUTPERFORMED MIDCAP 20842.50 (0.49%) ,SMALLCAP 7,087.60 (0.30%)

Advance-Decline: 1074/790

VIEW: Bullish till above 13500 (Psychological level).

BANKNIFTY SPOT: 31264.05 (-0.12%)

DYNAMIC PARAMETER: Index ends the session with an inside candle.

TRADING ZONE: Resistance: 31510 (Previous session high) / 31650 (13th FEB high)

Support: 31007 (Previous session Low) / 30538 (4 day low)

VIEW: Bullish till above 30500 (Weekly low)

Key Highlights:

* Nifty January Futures ended 22 points down @ 14009.65 with a premium of 27.70 points.

* Nifty futures open interest increased by 28.11 lakh shares with January series total open interest stands at 1.18 crore shares.

* Nifty 14000 call has highest OI, whereas 13000 put holds the highest OI and Banknifty 32000 call has highest OI and 27000 put has highest OI.

* Nifty 14000 call saw addition of 5.05 lakh shares in OI, whereas 13900 put saw addition of 5.25 lakh shares In OI.

* India VIX ended 0.05% down @ 21.10 against the previous close of 21.11

Technical Snapshot

To Read Complete Report & Disclaimer Click Here

To Know More Details Visit GEPL Capital

SEBI Registration number is INH000000081.

Please refer disclaimer at https://geplcapital.com/term-disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer