NIFTY INTRADAY TIPS For 25 Jan
The Nifty Index ended with gains of 0.82% at 5743.25. On the derivatives front we have seen that the Nifty Futures prices ended in the positive territory along with an overall addition of open interest but witnessed decline in the cost of carry, this is an indication of some shorts being accumulated at higher levels. On the options front the OI PCR and Volume PCR continue to trade below the neutral mark of The Indian Volatility Index (VIX) witnessed decline of 4.09% indicating that volatility has eased off which suggests some positive moves may continue.
ACTION TRIGGER PRICE STOP LOSS TARGET- 1 TARGET- 2
BUY AT 5744 5730 5750 5790
Nifty Intraday Levels for 25 Jan
SUPPORT 1 SUPPORT 2 RESISTANCE 1 RESISTANCE 2
5730 5650 5750 5790
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Intraday Tips Updated at: 11:06 PM