Nifty Support and Resistance for 15 April

NIFTY FUTURE is currently in BEAR trend . Yesterday the trend was VERY STRONG BULL In Apr series Nifty future added 17.08 lakh position in Open Interest and this accounts to 6.55884391687 % of Total Open Interest in Apr series.The Nifty Apr series is trading at 26.6 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.01 lakh position in open interest and this accounts to 7.14 % of Total Open Interest in all series and cumulatively trading in average premium of 42.28 Rs to Underlying. The open interest is also not increasing with trend so be careful and premium of share is also increasing so sellers be cautious.

R3	R2	R1	Pivot	S1	S2	S3
6141.47	6049.23	5916.02	5878.78	5882.53	5826.97	5734.73

Nifty Futures Levels for 8 April (Tomorrow Market Trend)

Nifty Futures (5902) is currently in BULL trend. Yesterday the trend was BEAR WITH LV In Apr series Nifty future shed 1.7 lakh position in Open Interest and this accounts to -0.633910272712 % of Total Open Interest in Apr series.The Nifty Apr series is trading at 16.3 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 1.06 lakh position in open interest and this accounts to -0.37 % of Total Open Interest in all series and cumulatively trading in average premium of 32.52 Rs to Underlying. The open interest is also increasing with trend and discount of share is also increasing indicating down move

Nifty Pivot Points-

R3	R2	R1	Pivot	S1	S2	S3
5953.33	5930.05	5916.02	5905.22	5887.98	5873.95	5850.67