Support for Nifty at 5650-5700: Dolat Capital

Written By Unknown on Selasa, 01 Oktober 2013 | 10.54

Dolat Capital's Derivative Report:

Nifty has started October 2013 series with a negative bias as it has corrected by almost 150 points in last 2 days. Shorts were added in auto, banks and finance for the second consecutive day. The volumes were once again subdued. Nifty PCR has fallen to 1.08 mainly due to call writing in ATM/OTM CE's. Nifty has a support near 5700-5650.

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