Derivatives

Nifty (June) futures turned into a premium of 23.35 points from a discount of 0.85 points and added around 67.96 lakh shares in open interest in June series.

Total open interest in the market was Rs58,510 crore and Rs31,016 crore decreased in open interest.

Market wide rollover stands at 82%, whereas Nifty witnessed a rollover of 66%.

Nifty

Support : 4840, 4800
Resistance : 4896, 4950, 5050

29th May 2008

Good morning every 1

Have a nice day !!!
Thanks and warm regards
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Nifty

We expect nifty to remain in a broder trading range of 4885 and 5040

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