Benchmark indices ended the day on a flat note as investors were cautious ahead of Union Budget and December quarter earnings that will kick start this week with Infosys, TCS and IndusInd Bank. Sensex and Nifty swung between gains and losses throughout the day opening in green but later moved to red dragged by oil & gas, power and energy stocks. S&P BSE Sensex settled the day at 26,726, down 32 points, while the broader Nifty50 ended at 8,236.05, down 7.75 points. Nifty January 2017 futures closed at 8249.90 on Monday at a premium of 13.85 points over spot closing of 8,236.05, while Nifty February 2017 futures ended at 8277.05 at a premium of 41 points over spot closing. Nifty January futures saw a contraction of 0.01 million (mn) units, taking the total outstanding open interest (OI) to 18.70 million (mn) units. Highest open interest has been seen in 8400 and 8300 strike price for call option and in 8000 and 8200 strike price for put option.

Nifty Call Put Technical Analysis Graph

Free Stock Future Calls for Tomorrow : 10th January Tuesday

BUY BIOCON FUTURE ABOVE 1021 TARGETS 1031, 1041, 1051 STOP LOSS 1001
BUY JISLJALEQS FUTURE ABOVE 96 TARGETS 96.65, 97.3, 97.95 STOP LOSS 94.7
SELL CEATLTD FUTURE BELOW 1169 TARGETS 1160.50,1152, 1143.50 STOPLOSS 1186
BUY CENTURYTEX FUTURE ABOVE 845 TARGETS 850.5, 856, 861.5 STOP LOSS 834