Nifty Levels for 29 December
PIVOT SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5996 5982 5968 6011 6025
Market Overview for Tomorrow 29 Dec :- The Nifty Index closed flat below its 6000 mark at 5996. On the derivatives front we have seen that the Nifty Futures prices ended flat along with an increase in the cost of carry and addition of open interest, this is an indication that some longs are being built up at lower levels. On the options front we have seen the OI PCR has shown a slight increase whereas the VOL PCR has shown a decline. On the volatility front, the Indian Volatility Index (VIX) has shown a decline of nearly two percent indicating lesser volatility in the markets.
