Wednesday, March 4, 2009

Nifty Pivot for 5th March09

Nifty Pivot :
----S2-----------S1-------------Pivot-----------R1------------R2----
2593.85-----2619.50------2637.60------2663.25-----2681.35

Dow Pivot :
----S2-----------S1-------------Pivot-----------R1------------R2----
6,612.65-----6,669.34------6,762.31------6,819.00-----6,911.97

FTSE Pviot :
----S2-----------S1-------------Pivot-----------R1------------R2----
3,382.48-----3,447.29------3,562.07------3,626.88-----3,741.66
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  • Nifty Discount Reduced to 15 from 32
  • 60 % of the total contracts in the March futures were from the buy side
  • OI in 2,600PE increased by 708,600 by put writing
  • Nifty to trade above 2,600, may move above 2700
  • Nifty has strong resistance around 2,680