Wednesday, July 11, 2012

EOD Analysis For 11th July and Outlook For 12th July 2012

OI in Nifty futures still unchanged and VIX is excessively cool

Critical levels and outlook remain unchanged for both Nifty and BankNifty. Sectoral churns may be observed for a couple of sessions before the volatility of next week [i.e. INFY may surge whilst banks may start disappointing a bit or the other way around]

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