Expect Nifty to shed 21 points at opening: Maximus Securities

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 21.50 points at the opening bell, says Maximus Securities.
Nifty tips

Maximus Securities’ Daily Report:

F&O Outlook:
Nifty PCR-OI has increased to 1.11 from 1.08. The rise in the ratio may be due to increase in PE of 8400 and decrease in CE of 9100. PE of 9100 and CE of 9200 are the highest number of contracts traded.

Opening for the Day:
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 21.50 points at the opening bell.

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Author : Profit Street

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