Wednesday 9 December 2015

The Stock Market Fell for sixth consecutive session Wednesday

The market fell for sixth consecutive session Wednesday. Investors remained cautious due to uncertainty over GST Bill and volatility in oil prices. Metals, auto, pharma and banking & financials stocks saw selling pressure.Market shed more than 4 percent in last six sessions. The Sensex lost 274.28 points or 1.08 percent to 25036.05 and the Nifty tanked 89.20 points or 1.16 percent to 7612.50.

Open Interest was seen in 7800 and 7900 Call Option looking as a resistance level for Nifty and in the down side highest open interest was seen in 7700 and 7600 put looking as a major support level for Nifty.


 Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to decrease in DLF price was seen in JPASSOCIAT.

1 comment:

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