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NIFTY INTRADAY TIPS / TREND TOMORROW 30 DEC


Nifty Levels for Tomorrow 30 December

PIVOT  SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
 6044        6020            5979             6084                6108    

Today The Nifty Index closed well above its 6000 mark gaining nearly a percent at 6060.35. On the derivatives front we have seen that the Nifty Futures prices surged along with an overall addition of open interest but slight decline in the cost of carry, this is an indication of some shorts being built at higher levels. On the options front we have seen that the OI PCR has increased to 1.57 vs. 1.46. On the volatility front the Indian Volatility Index (VIX) has dropped by more than 5% suggesting that the volatility has eased off in the markets.

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Intraday Tips Updated at: 6:15 PM
 
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