********Technicals***** ~24th April~
Nifty is in sideway correction around 5000.
Target remains at 5180 which is 161% retrenchment of 4972-4628 swing.
Support remains at 4970.
*********strong stock futures***** www.crnindia.com
IFCI, SRF, Arvind Mill, Bombay Dyeing, BRFL, Chambal Fert, Essar Oil, MRPL, TTML & APIL.
*******weak stock futures***** www.crnindia.com
Indian Bank, ZEEL, BPCL, Hind Petro, IOC, S.Kumars, Nagar Const, Maruti, Sobha & Jet Airways
****Nifty**** ~24th April~
Nifty future premium decreased to 3 points, so cost of carry decreased. Open interest decreased by 85 lakh today.( Today's trade dominated by long unwinding).
***Options**** ~24th April~
open interest put-call ratio increased to 1.39.