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GANN FAN Supports
Nifty 5 minute charts shows that GANN Supports are available @ 5230 zone.
Ideal trade is to go long with stop loss below 5230 zone


Trin
There is a strong decline in trin from 1 which in turn Indicates strong buying pressure
in nifty


Open Interest
5200PE Jan series Shows High Open Interest Built up next to 5000PE among
the various option strike prices. Does option writers are confident about holding 5200
in Nifty?

1 comments

JITIN THUKRAL said... @ January 7, 2010 at 11:24 AM

HI,
ONE THING I WANT TO KNOW IS THAT THE OPEN INTEREST BUILD UP AT DIFFERENT STRIKE PRICES OF STOCK OPTIONS , IS OPTION BEING WRITTEN OR BOUGHT , BY WHAT METHOD DO WE GET TO KNOW THAT . PLEASE HELP !

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