- US markets fell on Thursday after scaling new highs
- Asian markets are trading negative
- SGX Nifty indicating a negative opening with cut of 50 points
- India VIX moved up by 11.06% to 13.56
- Nifty PCR OI fell from 1.25 to 1.06
- Bank Nifty PCR OI fell from 1.27 to 0.85
- Nifty range 15600 to 15850-15900
- Global cues are concerns for some consolidation.
- TCS reported Q1 lower than estimate we can look to buy at lower levels
- FIIs net sold shares worth Rs 554.92 crore and DIIs net sold shares worth Rs 949.18 crore
- Looking at OI 15600 has highest put writing and 16000 has highest call writing
Nifty/Banknifty for 9 July 21
Nifty : 15727
Resist : 15815 & 15855
Supt: 15650 & 15630
PCR : 1.31
Banknifty: 35274
Resist: 35565 & 35710
Supt: 35050 & 34915
PCR: 1.02