Thursday, August 12, 2021

Stock Market Tomorrow | Nifty Pre Market Strategy | 13 AUG 21


Stock Market Tomorrow | Nifty Pre Market Strategy |

Stock Market Today 

Sensex hits fresh high, rises 318 points; Nifty up for 4th day, tops 16,350; Power Grid surges 6%, TechM 5%

➤IT, power and utilities lead the market gains

➤21 of 30 Sensex stocks end the day in the green

➤Index contributors: ICICI Bank, L&T, Tech Mahindra, Power Grid, HCL Tech

➤Top Index gainers: Power Grid (6.05%), Tech Mahindra (4.66%), HCL Tech (2.63%)

➤Top Index losers: DRL (0.72%), RIL (0.38%), IndusInd Bank (0.30%)

➤All BSE sectoral except energy indices end the day in the green

➤S&P BSE Utilities biggest sectoral gainer, up 3.11%

➤S&P BSE Energy biggest sectoral loser, down 0.16%

➤Volume toppers: Tata Steel, HCL Tech, Power Grid, Maruti, RIL

Nifty Analysis

Key  Data

Put / Call Options

Call Max Traded Strike Price16300.00
Call Max Traded SP Contracts84425
Call Option Open Interest19959.10 K
Call Option OI Chg %3.41
Put Max Traded Strike Price16300.00
Put Max Traded SP Contracts105541
Put Option Open Interest36102.40 K
Put Option OI Chg %5.48

Put Call Ratio - 26/08/2021

Put Open Interest36102.40 K
Call Open Interest19959.10 K
PCR Open Interest1.81
PCR OI ReadingStrong Bearish
Put Contracts Traded675997.00
Call Contracts Traded434367.00
PCR Volume1.56
PCR Vol ReadingStrong Bearish

Call option data

Maximum Call open interest of 23.24 lakh contracts was seen at 16,500 strike, which will act as a crucial resistance level in the August series.

This is followed by 16,300 strike, which holds 17.65 lakh contracts, and 16,400 strike, which has accumulated 14.65 lakh contracts.

Put option data

Maximum Put open interest of 34.49 lakh contracts was seen at 16,000 strike, which will act as a crucial support level in the August series.

This is followed by 16,500 strike, which holds 19.02 lakh contracts, 16,200 and 16,300 strikes, which have accumulated 17.96 lakh contracts each.


Nifty managed to close above 16,350 resistance level and any sustainable move above this level may lead to further rally towards 16,500 to 16,600 levels.
On the downside, 16,200-16,170 is an immediate and strong demand zone .

Nifty Bank

The Nifty Bank climbed 0.36 percent to close at 35,937.05. The important  level, which will act as crucial support for the index, is 35,752, followed by 35,534. On the upside, key resistance levels are at 36,128 and 36,298  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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