May 15, 2011

Nifty Premarket View - 16.05.2011

Option reading index for today is (-) 1.28 rise from last trading figure of (-) 3.92 suggests mild selling pressure.
Click on Chart to Magnify
Click on Chart to Magnify

6 comments:

mo h said...

Really early premkt, Sri, :)
its hardwork, & perseverance indeed...

looks like set of ceilings and more of flexi ceilings.
right from the channel to 200sma.
takecare, bye!!

alphabet1 said...

The option index you have posted is on path of recovery.

Mean time enjoy "on Being Wrong"

http://www.ted.com/talks/kathryn_schulz_on_being_wrong.html

alphabet1 said...

Do watch chikou bounce,
if it were to come watch the resistance levels,
and whether price action respects or rejects it.

bala said...

Good Morning.

sriganeshh said...

hi alphabet1

oh...are you tracking option index on any other timeframe...coz i take it only for intraday....if so...let me have your views.

sriganeshh said...

hi bala
morning