Hi Traders,
Nifty today, opened gap down below 5200 following global cues.Initially it hung around 5190 levels but fallen to 5150 levels close to the time when IIP numbers are announced around 11 a.m. It see sawed between 5150 and 5190 and closed around 5165 in the End.
here is Nifty Option Chain on 11th Nov 11(Fri). Highest OI build up is at 5000 Put and at 5400 Call. There is a change in the source file from Nseindia. Another column IV is added to file at each Option Price. IV Stands for Implied Volatility.
After Indian markets are closed, European markets rallied and US markets have also done well and closed positive. So Asian markets are going to open higher . Expect a Gap up open of Nifty on Monday, 14th Nov.
Happy Trading. This week is full trading week without any holidays.
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