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FREE NIFTY INTRADAY TIPS 20 JAN 2011

The Nifty Index ended in the red territory in last trading session. It closed below its 5700 mark at 5691.05. On the derivatives front we have seen that the Nifty Futures prices ended in the red territory along with an overall addition of open interest and decline in the cost of carry, this is an indication of short built up in the markets at higher levels. On the options front the OI PCR is trading below the level of 1 at 0.88. The Indian Volatility Index (VIX) closed at 21.09 losing 1.72% indicating that volatility is less in the markets.

Free Nifty Intraday Levels for 20 Jan

SUPPORT 1  SUPPORT 2  RESISTANCE 1  RESISTANCE 2 
    5670            5600             5760              5790     

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Intraday Tips Updated at: 7:29 PM
 
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