5800 to act as interim support for Nifty - IIFL

Nifty closed around the upper end of the recent trading range in yesterday's session. The breadth of the market remained positive with participation of mid caps and small caps. Today we expect Infosys guidance to determine trend for the market with 5,800 acting as an interim support.

Sensex July future which shed 7770cont in open interest has seen unwinding.

On option front, BSE100 June 6,100 strike call which added 64000cont in open interest in has seen buying yesterday trade, while put writing was seen at BSE100 June 5,700 which shed 2500cont in open interest.

Source : Equity Bulls

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