Thursday, December 18, 2008

Great Bear Trap......

F&O Snap Shot

SYMBOL

EXDATE

CLOSE

CONTS.

OPENINT

C'O'INT

C'O'INT
(%)

NIFTY

25-Dec-2008

3,076.35

917,820

33,758,326

-3,259,250

-8.8

NIFTY

29-Jan-2009

3,090.25

149,240

10,189,500

4,114,950

67.74

NIFTY

26-Feb-2009

3,095.15

689

81,450

4,900

6.4



Some technical levels
SMA-7:2972.54 SMA-13:2853.18 SMA-26:2810.42 SMA-50:2967.42 SMA-200:4167.15
EMA-12:2908.73 EMA-26:2898.33 EMA-50:3072.15 EMA-200:3780.76


Today bulls not only defended the support levels but nullified the yesterday's loss.

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