Stock Advisory in Indore >>F&O- 9,900 major resistance for Nifty

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Indian equity markets closed flat on Thursday. The nifty50 index closed at 9,857.05 level, marginally up by 4 points, while Sensex had ended at 31,596 level, up by 28 points. Markets are likely to open in the positive territory taking cues from Asian peers.

Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,930. On the way downside, the level of 9,830 is an immediate support level and the next support is seen around 9,770.

On the options front in August series derivatives contracts, maximum put open interest was seen at strike level of 9,800 followed by 9,500 and 9,700 while maximum call open interest stood at 10,000, followed by 10,100 and 9,900.