Finance

ICICI, LT drag nifty. TCS rises.

Nifty shed 1.95 points or 0.02% to settle at 8,636.55, its lowest closing level since 27 July 2016. The index rose 72.80 points or 0.84% at the day’s high of 8,711.30. The index lost 48 points or 0.55% at the day’s low of 8,590.50.

FII 1

In the cash segment FIIs were buyers to the tune of Rs 726  crores and DIIs were net sellers to the tune of Rs 414 crores.

FII 2

In FNO segment, FIIs bought 9,860 contracts of Index Futures but sold 1,056 contracts of Index calls.
They also bought 10,906 contracts of Index puts.
DIIs  are net short by 15,049 in Index Futures contracts.

FII 3

Nifty Put Call Ratio (PCR) data shows support at 8600 and Resistance at 8700

Viswanathan Sundaresan

Viswanathan Sundaresan is a trader, investor and a derivative strategist. He trades Futures and options using charts. He is not a registered analyst with SEBI. Interests : Futures, Options Strategies, Moving Averages, Technical Analysis and Astrology.