Nifty closed higher, Future Calls, Option updates

Stock Future TipsNifty closed at 8423.25 with 0.69% gain, touching day high at 8440.35 and low at 8391.45. Auto, Metal, and Realty sector closed weak. IT shares gain give support to market. Bank Nifty gained nearly 1%. 27 stocks advanced on Nifty and 21 declines.

Top gainers Tech Mahindra, HCL Tech, HDFC, TCS, Wipro.

Top Losers Bajaj Auto, Idea, Tata Steel, Cairn India, BHEL.

In the broader market, both the BSE Midcap and Smallcap indices, ended up nearly 1% each and performed in line with the large counterparts. Market breadth on the BSE ended firm with1,671 advances against 1,051 declines.

Highest Open Interest was seen in 8500 and 8600 Call Option looking as a resistance level for nifty and in the down side highest open interest was seen in 8300 and 8400 put looking as a major support level for Nifty.

FUTURE CALL

BUY TITAN FUTURE ABOVE 374.5 TARGETS 379.5 , 384.5 , 261 STOPLOSS 364.5

BUY APOLLOTYRE FUTURE ABOVE 187.5 TARGETS 191 , 193.5 , STOPLOSS 180.5