Nifty Intraday Tips For 9 Feb 2011
The Nifty Index in last trading session once again took a dip and ended in deep red losing 1.54% at 5312.55 mark. On the derivatives front we have seen that the Nifty Futures prices declined along with an overall addition of open interest and increase in the cost of carry, this is an indication of some longs being built at lower levels. On the options front the OI PCR is trading near its 1.14 levels whereas the Volume PCR is trading at 0.86 levels. The Indian Volatility Index (VIX) ended with nominal gains of 0.20% at 24.74 indicating less volatility.
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Intraday Tips Updated at: 7:35 PM