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Wednesday, 16 January 2013

NIFTY VIEW-->16 JAN 2013

Among Nifty options data of Jan series, maximum buildup among call strikes is witnessed at 6200 levels, which may act as resistance.
Call writing is witnessed at Nifty 6300 strike of Jan series.
Among Nifty put options, OI build up is witnessed at 6000 strike, while put writing is witnessed at 5800 and 5900 strike.
Telecom sector stocks witnessed long build up, major OI build up is seen in Bhartiartl, Idea and Rcom.
Cement sector also closed up by 1.5%, led by stocks like Acc, Ambujacem, Cemturytex, Indiacem and Ultracemco.
Automobile, Fertilisers, Oil&Gas and Telecom sector witnessed maximum OI action.

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