See resistance for Nifty around 5550: Dolat Capital

According to Dolat Capital‘s derivative report, Nifty options data suggest resistance around 5550 and support can be seen around 5300.

September 05, 2013 / 08:40 IST

Dolat Capital’s derivative report:

Short covering in Banks, Finance, Power, Oil&Gas helped the Index to close 106 points up at 5448. Nifty premium has increased to 10 points. Nifty PCR has risen to 1.48 while IV’s were at 30%.

Nifty options data suggest resistance around 5550. Support can be seen around 5300.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Sep 5, 2013 08:40 am

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