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Saturday, 29 October 2011

Derivatives Daily Update: 26.10.2011

Mahurat Day: 26.10.2011

Happy Diwali to one and all. May God bless you all wonderful health and enormous wealth.

Today was a Mahurat Day, a session of just 1.15 hr. Prices of both indices closed marginally higher than yesterday. Though Open Interest of November Nifty Futures was up by 6 lac shares approx.

Nifty has closed above its psycholigical resistance of 5175 level for 2 consecutive days. It has entered in to stiff restiance zone of 5240- 5360. Days ahead will have potential to decide future trend, Let us watch how markets perform in full trading session on 28.10.2011. Till then....

Once again a Happy Diwali & Wish You Very Very Prosperous New Year.

Happy Trading..


Atul Doshi

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