Estimates for 2nd July

The Nifty index has opened at 5254 and quickly moved above 5271 which is what we expected yesterday afternoon in the trade alert. The open signifies that not much has changed from yesterday’s close. For the upmove to continue, 5265-5271 has to prevail. On the lower side the support at 5225-5231 has been well documented. […]

Profile charts

The trading range in the past two weeks has been 5225-5377. Viren had mentioned in the comments today how the CE writers at 5400 and the PE writers at 5200 have been adding Open Interest. Girish had put in a request for profile charts. Here they are for the past two weeks, nine trading sessions […]