Thursday, February 26, 2009

Nifty Pivot for 26th Feb09

Nifty Pivot :
----S2-----------S1-------------Pivot-----------R1------------R2----
2736.90-----2749.65------2769.50------2782.25-----2802.10

Dow Pivot :
----S2-----------S1-------------Pivot-----------R1------------R2----
7029.24-----7150.07------7277.50------7398.33-----7525.76

FTSE Pviot :
----S2-----------S1-------------Pivot-----------R1------------R2----
3765.51-----3807.25------3845.65------3887.39-----3925.79
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NIFTY50 outlook

  • The March futures in various scrip discounts : State Bank of India (SBI), DLF, Bharti Airtel and Larsen & Toubro (L&T) closed at a discount indicating rollover of short positions
  • March Futures : 25-30 points discount
  • The 2,800 and 2,900 strike calls of the March series added an OI of 1.24 million shares in today’s trade
  • Nifty March Series Range : 2,800-2,900