Monday 28 May 2018

Weekly Equity Report


Nifty Weekly View

Bulls charged on D-Street from the word go as they helped Nifty50 to climb 10,550 as well as 10,600 levels on closing basis. The index which made a bullish candle on the daily charts formed a Doji on the weekly charts. For now 10340 will act as a support.

Weekly Chart


Open interest for the week



Monday
Tuesday
Wednesday
Thursday
Friday
23210325
23037900
230823300
225592175
22137525

Most Active Nifty option

Scrip
Strike price
Option type
Open interest
Nifty
10550
CE
448350
Nifty
10500
CE
1338375
Nifty
10450
CE
236700


Bank Nifty Weekly View

Bank Nifty saw a stellar rally as buying pressure led by private bank sector. Buying activity may continue if able to sustain above 26250 mark while on lower side 25500 will play a important support for now.

Weekly chart


Open interest for the week


Monday
Tuesday
Wednesday
Thursday
Friday
2980520
2907760

3118680

3086880

2812320



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