MARKET OVERVIEW TODAY
The Nifty Index closed in the red territory below its 6000 mark at 5984.40. On the derivatives front we have seen that the Nifty Futures prices ended in red but witnessed rise in the cost of carry and added open interest, this is an indication of longs being built at lower levels. On the options front we have seen that the OI PCR and Volume PCR have shown a rise, this is mainly on account of addition of open interest on the puts front. The Indian Volatility Index (VIX) has shown a decline of one percent indicating buying emerging at lower levels.
Nifty Levels for Tomorrow 23 December
PIVOT SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5989 5954 5923 6019 6055
Nifty Future Levels for 23 December
PIVOT SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
6006 5970 5940 6036 6072
