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.
