Free nifty banknifty stocks tips for 23 July 2014
NIFTY July expiry future last closed at 7770 with 85 points gain. In Intraday NIFTY, future made high at 7773 while low was at 7704. Total almost 70 points intraday range and closed with gain on strong buying and fresh breakout. On futures side, +9.26% open interest build up shows strong buying from strong hands. On option side, 7800 call options writing was seen which is upcoming resistance. For tomorrow, traders stay long with stop loss below 7730 for target 7850. Option traders keep buy on dips view on 7700 call options with same stop loss.
BANKNIFTY July expiry future last closed at 15,463 with gain of 54 points. In intraday BANK NIFTY, future hit high at 15,499 while low was at 15,325. Total 150 points intraday range and closed with gain. On futures, side -3.63% open interest cut. On option side 16,000 call options writing has been seen. For tomorrow, traders keep long view with stop loss below 15,400 for target 15,650 and above.
India VIX active future last closed at 1463 with almost 35 points loss. In intraday NVIX hit high at 1475 while low was at 1445. Total 30 points intraday range and closed with loss. On futures, side +6.67% open interest addition seen. For tomorrow, watch 14k level as strong support.
Bharti Airtel Limited stock closed at 353 with gain. In intraday stock hit high at 357 while low was near 340. For tomorrow, traders can sell this stock near 355-356 levels with strict stop loss 362 for targets 345.