Market Commentary

5600 Put adds 10 lakh shares - GEPL Capital



Posted On : 2013-03-04 21:46:13( TIMEZONE : IST )

5600 Put adds 10 lakh shares - GEPL Capital

From the options data, 5600 put has added more than 10lakh shares suggesting that level of 5600 is likely to act as positional support for Nifty futures.

The open interest put call ratio for Nifty futures stood at 0.98 vs. 0.97 levels.

The IV's stood in between 13% to 18% with NSE VIX index ending 2.77% lower at 13.67 levels.

Long positions were witnessed in stocks like TCS, BHARTIARTL, AXISBANK, ITC.

Short positions were witnessed in stocks like JPASSOCIAT, HINDALCO, ACC, JINDALSTL.

Source : Equity Bulls

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