Nifty started off on a negative
note on weak global cues post Paris attacks but managed to rebound in afternoon
trade to take above 7800. Nifty ended by 44 points up or 0.57% and closed at
7806.
Nifty closed
higher above 7800 after opening on negative note due to strong support level of
7700. On Monday Nifty future created bullish engulfing pattern support level of
7700, so it is expected to go up on Tuesday, if it sustains above 7780 then it
can test the level of 7860-7920.
Nifty 7800 Call shed 4 lakh shares in Open Interest (OI) on
November 16
Nifty 7900 Call added 6.1 lakh shares in Open Interest
Nifty 8000 Call added 7.3 lakh shares in Open Interest
Nifty 7900 Put shed 4.5 lakh shares in Open Interest
Nifty 8000 Put shed 1.9 lakh shares in Open Interest
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