WEEKLY NIFTY future SPEAKS
Nifty future closed little changed after a volatile session on Friday, posting their third co nsecutive weekly loss on concerns about rising tensions in the Middle East. The S&P BSE Se nsex rose 0.10% and CNX Nifty ended 0.01% lower today. Nifty future closed at 8434 with a high of 8484 with percentage change of 1.11%. For this week nifty is having the resistance of 8595 and above this level next resistance of 8715 and in down side having the support of 8240 and next support of 8095 Open Interest addition was seen in 8600/8700 Calls and 8400/8300 Puts. Maximum OI concentration is placed at 8600 call indicating resistance for nifty and maximum OI is placed at 8500 put indicating support for market.
WEEKLY BANK NIFTY SPEAKS
Bank nifty future closed little changed after a volatile session, posting their third co nsecutive weekly loss on concerns about rising tensions in the Middle East. Last week bank nifty closed at 18277 with a high of 18325 with percentage change of 2.66 %. For this week bank nifty is having the resistance of 18625 and above this level next resistance of 18950 and in down side having the support of 17600 and
next support of 17075.
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