WEEKLY NIFTY FUTURES SPEAKS
Nifty future settled with marginal gains and remained volatile throughout the week. The Sensex and Nifty shut shop gaining 0.8% for the week ended May 15, 2015. Nifty future closed at 8261 with a high of 8296 with percentage change of 0.28 %. For this week nifty is having the resistance of 8415 and above this level next resistance of 8525 and in down side having the support of 8095 and next support of 8025. Open Interest addition was seen in 8700/7900 Calls and 8000/7900 Puts. Maximum OI concentration is placed at 8500 call indicating resistance for nifty and maximum OI is placed at 8100 put indicating support for market.
WEEKLY BANK NIFTY SPEAKS
Bank nifty future settled with marginal gains and remained volatile throughout the week. Last week bank nifty closed at 18163 with a high of 18258 with percentage change of 0.15 %. For this week bank nifty is having the resistance of 18425 and above this level next resistance of 18765 and in down side having the support of 17755 and next support of 17375.
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