Wednesday, 21 September 2011

21st Sep 11(Wed) Nifty Option Chain

Hi Traders,

here is Nifty Option Chain of 21st Sep 11(Wed).

Number of sessions remaining in SEPT Series : 6

5000 Put has OI of 94 Lakhs. for the remainder of series 5000 looks like the base,barring any external negative shock. Also, 5200 Call, 5300 Call have OI of  70 lakh each. These level could act as either ceilings ,if call writers are strong or Nifty May move to these levels , if there is strong bullish movement.
Pls note that Nifty encountered resistance around 5170 during this series , including  today's session.

No comments:

Post a Comment