Tuesday, June 29, 2021

Stock Market Tomorrow | Pre Market Strategy | 30 June


stock market tomorrow , finvestonline.com

Pre Market Strategy 

Key  Data

Futures & Options of S&P CNX NIFTY

Near Expiry date29/07/2021Lot Size50
Stock Close Price15748.5Trade Date29/06/2021
Futures Summary
Closing Price15854.95Premium/Discount106.45
Previous Close15888.00Change %-0.208
Futures OI9476.40 KChange %-1.41
Futures Contracts86.92 KChange %-19.99
Call Summary
Max Traded Strike Price16000.00Contracts47.11 K
Cumulative Call OI17718.85 K% Change15.18
Put Summary
Max Traded Strike Price15200.00Contracts46.74 K
Cumulative Put OI23358.85 K% Change9.72

MAHEPC | Stock Price Analysis

Call option data

Maximum Call open interest of 23.03 lakh contracts was seen at 16000 strike, which will act as a crucial resistance level in the July series.

This is followed by 16500 strike, which holds 17.99 lakh contracts, and 16400 strike, which has accumulated 15.15 lakh contracts.

Put option data

Maximum Put open interest of 28.69 lakh contracts was seen at 15500 strike, which will act as a crucial support level in the July series.

This is followed by 15000 strike, which holds 25.77 lakh contracts, and 15200 strike, which has accumulated 17.63 lakh contracts.

Nifty Outlook

A small negative candle was formed on the daily chart-two back to back negative candle formation, which signal profit booking in the market from the new highs, but sharp selling was lacking in the last two sessions.

The absence of sharp selling interest from the new highs in the last couple of sessions could signal a chances of halting of this decline and emergence of upside bounce in the next 1-2 sessions.

The swing low of 15,673 will be the subsequent near-term support. On the other hand, the swing high of 15,915 will be the key barrier to watch out for.


The Nifty Bank fell 349.10 points to 1 percent to close at 35,010.30 on June 29. The important level, which will act as crucial support for the index, is placed at 34,832 followed by 34,664 . On the upside, key resistance levels are placed at 35,264 and 35,515 levels.

Thanks for your Precious Time.

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Disclaimer- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader, user and company that are mention on this website. We are not SEBI registered financial advisor or analyst.

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