Market data on 30-05-2013
- Nifty closed at 6124.05 up by 19.75 points
- Nifty future closed at 6131.25 Premium of 7.20 points
- Open interest of the nifty is 1,75,91,300 up by 44,86,100 most probably huge roll over from last month with fresh long build up also.
- Advances 516 Declines 767 Unchanged 67
- Index gainers M & M, ITC, Tatamotors, Kotak Bank....
- Index losers Cipla, Tatasteel, JP Ass, Hindalco....
- 52 week high Hdfc, Hdfc bank, ITC, Kotak, Sunpharma....
- 52 week low Gspl, Indian hotel, Jaypee infra, Suzlon....
- Banned stock for 31st - May =Nil
- Most active stocks by volume - Unitech, JP ass, DLF, Hdil, Rcom...
- Most active stocks by value - Axisbank, Icici bank, SBI, Havells....
Open interest of nifty
Put Call Ratio of nifty
Put option =30083300
------------
Call option=24138850
PCR =1.24
Market Revenue on 30-05-2013
Market outlook for 31-05-2013
Once again market moved very cutely with our levels & exactly moved as per our prediction. We knew very well that was Open & Low has to be same. Exactly it worked out which is almost equal to last expiry. Always keep one basic formula in your mind, i e. HISTORY WILL REPEAT. Now how market will react in June serious??? If we consider with index future, huge rollover was happened & also fresh long build up were done by FII's. So market has to move up only. Keep sl for all your longs at 6046. Open interest table also favor for bulls in june serious. Put-Call Ratio also giving good energy to bulls & stays now at 1.24. Bulls looking to fix 6300 by holding more than 30 lak shares in call open interest. On down side 6000 put holding 50 lak shares in OI. So 6046- 6007 will be the good base for this serious.
Now lots of firms are announcing Offer-for-sale (OFS). Due to sebi regulating all private companies has to maintain minimum 25% public shareholdings. So this will increase fund flow into market. Still bank nifty going on consolidation mood, any time it will bounce, so be ready to cheer that. Any single close above 13000 will bring to another 500-700 points upside.Risky trader may go 13500 CE maximum holding will be 10-15 days, We will get good appreciation. Next 2-3 days market may be in range bound or upside movement only, as of now all indicators are in bullish side only. so don't go short at any where. We will update if market turn to bears side. Upto that go long with sl of 6046 target will be 6281, 6360+++
Trend of the day
Open will be positive, from opening onwards market has to move gradually move
upper side.
Nifty levels
Nifty support - 6070-6065, 6040-6046 (major)
Nifty Resistance - 6146-6151, 6176-6181 (major)
Stock Calls
Bhel : Buy above 206 sl 202 target
will be 210, 214
Siemens : Buy above 496 sl 489 target
will be 501, 506
Option Call
Nifty : Buy 6200 call around 65-70 sl 48
Target will be 86, 96
Delivery Call
Hdfc bank : Buy above 727 sl 719 target
will be 736, 743 ( short term )
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.com
Market Data on 29-05-2013
- Nifty closed at 6104.30 down by 6.95 points
- Nifty future closed at 6090.25 Discount of 14.05 points
- Open interest of the nifty is 1,59,63,900 down by 24,09,000 most probably huge roll over to next month with fresh long build up also.
- Advances 480 Declines 796 Unchanged 83
- Index gainers Sunpharma, Tatamotors, Heromotor, coal india....
- Index losers Ranbaxy, JP Ass, Tatasteel, Jindal steel....
- 52 week high Idea, Eicher motors, Icici, Havells....
- 52 week low Guj mineral, Tata chemicals....
- Banned stock for 30th - May = Renuka
- Most active stocks - Unitech, JP ass, Reliance, Hdil, Rcom...
Open interest of nifty
Put Call Ratio of nifty
Put option =47077350
------------
Call option=33815450
PCR =1.39
Market Revenue on 29-05-2013
Market Outlook for 30-05-2013
We thought nifty fall in second half, but from opening onwards it fallen down and finally closed flat red. Market exactly bounced from lower level and responsible buyers bring the market to close above 6100 mark. We seen huge long build up in index future but nifty future stays in discount. We are in expiry day, so we have to met much volatile. So trade low quantity. Please note if nifty close green then next month will be in bulls hand, Close below 6046 then it will be in bears hand. Suppose nifty close 6046-6100 then market will be in confusion for next one month. Please keep it this in your mind for next one month. If we consider with open interest, there may be chance for testing 6000 mark. Let us see how bulls will react for this bears action. Some thing is cooking in open interest of nifty. So be careful for all your longs.
Bank nifty not showing any good movement for last 4 days. It going on consolidation phase. Now Please check last three days of nifty EOD chart which is almost equal to last 4 days of april month expiry. So this expiry will decide next one month movement. Very soon we will update here for next month nifty levels. Put-Call Ratio is not good for bulls, it giving some profit booking signal. Some of large cap stocks were not performing well in the last 3 days except reliance. If reliance close above 856, then it will fire very fastly, So go long when it close above 856. Expiry closing will be most important for next rally. So small trader please avoid trading on expiry day. Otherwise trade with light quantity.
Trend of the day
If open & low same then nifty will close green or If open & high both same then closing will be in red.
Nifty levels
Nifty support - 6070-6065, 6040-6046 (major)
Nifty Resistance - 6124-6130, 6163-6170 (major)
Stock Calls
United spirits : Buy above 2460 sl 2440 target
will be 2480, 2493
Reliance : Buy above 850 sl 841 target
will be 857, 863
Option Call
Bank of baroda : Buy 660 put around 24-25 sl 17
Target will be 31, 35
Delivery Call
Hindalco : Buy above 112 sl 108 target
will be 116, 120 ( short term )
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.com
Market data on 28-05-2013
- Nifty closed at 6111.25 up by 28.10 points
- Nifty future closed at 6109.40 Discount of 1.85 points
- Open interest of the nifty is 1,83,72,900 down by 37,02,700 most probably huge roll over to next month with fresh long build up also.
- Advances 667 Declines 629 Unchanged 79
- Index gainers Heromotor, JP Ass, BHEL, Coal india....
- Index losers Ranbaxy, Ultratech, SBI, Kotak bank....
- 52 week high Idea, Eicher motors, Icici, Havells....
- 52 week low Guj mineral, Tata chemicals....
- Banned stock for 29th - May = Renuka
- Most active stocks - Unitech, JP ass, Reliance, Hdil, Rcom...
Open interest of nifty
Put Call Ratio of nifty
Put option =48031450
------------
Call option=34572950
PCR =1.39
Market outlook for 29-05-2013
As per our view market moved well & finally closed nifty almost equal to our level of 6112. We seen huge rollover in nifty with fresh long build up. So every one expecting nifty would move up in next serious also. We seen huge short covering 6000 & 6100 put options Open interest. also 6100 put & 6200 call both added more than 10 lak shares in OI. It seems nifty will settle down between 6100-6200 range for this expiry. But Put-Call ratio little favor for bears, So be careful on higher level. It stays now 1.39. One thing we are happy to share with you, that is reliance leading this rally will be healthy one. We seen around 2 cr shares in bulk deal in Reliance. So every one betting on reliance. Very soon we would see reliance in 4 digit numbers. Keep your holding with sl of 6043. Intraday profit booking always advisable but, Once it break this level then nifty will fall more.
Any dip near to 6043 will be a good buying chance, don't leave that chance. Bank nifty faces some resistance near 13000 mark. But it could be able break that level very soon. We are hearing some rumors about RBI Credit policy in june month. That is 25BPS cut in repo rate & 25% in CRR cut. Let us see how market will going to react with this news. Risky trader may go long on SBI, it could be more potential to go up in coming days. It looking very cheap now, Due to result impact we seen profit booking otherwise it has to perform well. Investors also may try to buy SBI with 3 month it will move 300-400 points from here. In next serious we don't thing any big events but we are looking market will hit fresh multi year high. Let us wait & watch....
Trend of the day
First
half will be green, second half bears may try to push down. Closing will be flat green.
Nifty levels
Nifty support - 6078-6085, 6040-6046 (major)
Nifty Resistance - 6143-6149, 6175-6181 (major)
Stock Calls
Icici : Buy above 1238 sl 1225 target
will be 1250, 1260
M&M : Buy above 975 sl 965 target
will be 985, 993
Option Call
Tata steel : Buy 320 Call around 4.80-5.20 sl 2
Target will be 7, 9
Delivery Call
Hindalco : Buy above 112 sl 108 target
will be 116, 120 ( short term )
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.co
Market data on 27-05-2013
- Nifty closed at 6083.15 up by 99.60 points
- Nifty future closed at 6083.45 Premium of 0.30 points
- Open interest of the nifty is 2,20,75,600 down by 21,27,150 with mostly roll over to next month.
- Advances 815 Declines 473 Unchanged 75
- Index gainers Indus ind, Reliance, Sunpharma, Jindal steel....
- Index losers Cipla, Maruti, Lubin....
- 52 week high Idea, Eicher motors,Indusind, HDFC, Sunpharma....
- 52 week low Indianbank, GSPL,Indian Hotels....
- Banned stock for 24th - May = Renuka
Open Interest of nifty
Put Call Ratio of nifty
Put option =49646450
------------
Call option=38826850
PCR =1.28
Market Revenue on 27-05-2013
Market Outlook for 28th May
Market once again shows the power of bulls with massive 100 points movement. Reliance leading this mass move, If reliance moves up in coming days, then we will see nifty new high very soon. Still three days to go for this expiry, So roll over to next month is going on with positive mood. In open interest table nifty 6000 & 6100 put added more than 45 lak shares in OI. We seen huge short covering in 6000 Call. So this expiry nifty looking to close above 6000 mark, We have lots of chances to close above 6146. We have some surprises in next serious, that is, nifty will create new fresh high. Traders & Investors may go long now. Maximum target will be 6360 for next serious. Closing above 6360 then nifty would hit 6600.
Bank nifty looking so strong now. Concentrate some under performed bank stocks. Also buy some metal stocks which is already bottom out. For next one month Metals, Oil, Pharma, IT, ADAG stocks will looking good. please avoid Real estate, Some banks, FMCG sectors. Put-Call Ratio is now 1.27 which is little favor for bulls. Short term traders please keep sl for all your holdings at 5930. Telecom stocks will looking to fire more from here, Risky traders may enter IDEA & AIRTEL for short term, it will give good profit before this expiry. Nifty having good support at 6046-6040 range so any dip near this level is a chance to buy more.
Trend of the day
First
half will be red, second half bulls will try to take off the nifty to close above 6112.
Nifty levels
Nifty support - 6040-6046, 6000-6007 (major)
Nifty Resistance - 6118-6124, 6143-6149(major)
Stock Calls
Bank india : Buy above 299 sl 294 target
will be 305, 309
Bata india : Buy above 829 sl 821 target
will be 838, 846
Option Call
Bank nifty : Buy 13000 Call around 75-80 sl 30
Target will be 120, 150
Delivery Call
Idea : Buy above 136 sl 132 target
will be 140, 143
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.com
Market data on 24-05-2013
- Nifty closed at 5983.55 up by 16.50 points
- Nifty future closed at 5985.40 Premium of 1.85 points
- Open interest of the nifty is 2,42,02,750 down by 7,31,600 with huge Long liquidation.
- Advances 700 Declines 591 Unchanged 72
- Index gainers Tata Steel, Tata power, LT, Lubin....
- Index losers Sun pharma, Cipla, BHEL, TCS....
- 52 week high Eicher motors, Castrol, United spirits....
- 52 week low Andhra bank, Future retail, GSPL, IOB, Jindal steel....
- Banned stock for 24th - May =Hdil, Renuka
Open interest of nifty
Put Call Ratio of nifty
Put option =47647050
------------
Call option=40550100
PCR =1.17
Market Revenue on 24-05-2013
Market outlook for 27-05-2013
Market again closed on confusion stage. As of now it having strong support around 5940-5929 range. Once nifty break this level then market will get weak. Also upper side 6043-6050 will be strong resistance for next one week. Nifty exactly bounced from our support level & face resistance at our resistance level. If we consider with open interest table 6000 is the key level for both bulls & Bears. Both call & Put at 6000 was having more than 65lak shares in OI. On upside 6100 call giving massive resistance with more than 80lak shares in OI, & Down side 5900put holding more than 80lak shares in OI. So nifty would be in 200 point range for next one week. Put-Call Ratio of nifty looking good for bulls, it stays around 1.17. After a long time FII's sold in cash segment. This will give little shake for bulls.
In Bank nifty 12500 giving some support for bulls, so any close below 12500, it may come down & create some bottom. Upto that no problem for bulls. If bank nifty break 12500 then next down side support will be at 12200. We expect market would go some consolidation for next few days. Last two month market has met more volatile, this volatile is necessary for making new fresh high. One more thing, any single close below 5853 nifty might fall more from there. Upto that we have some support levels at 5930-5891-5870-5853 and Up side we have resistance at 6007-6028-6049-6085. Keep watch these levels for next week. Expiry week so trade carefully.
Trend of the day
First half will be flat, If nifty would not break 5942 in first half, then second half favor for bulls other wise nifty will close Red.
Nifty levels
Nifty support - 5968-5959, 5929-5940 (major)
Nifty Resistance - 6000-6007, 6040-6046(major)
Stock Calls
Titan : Buy above 277 sl 271 target
will be 282, 286
Jsw Steel : Buy above 716 sl 707 target
will be 723, 730
Option Call
Lic : Buy 280 Call around 2.3-2.8 sl 1
Target will be 4, 5.3
Delivery Call
Tata steel : Buy above 316 sl 307 target
will be 325, 334
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.com
Market data on 23-05-2013
- Nifty closed at 5967.05 down by 127.45 points
- Nifty future closed at 5966.10 Discount of 0.95 points
- Open interest of the nifty is 2,49,34,350 up by 16,50,150 with huge Long liquidation.
- Advances 196 Declines 1108 Unchanged 64
- Index gainers Tata motors, Sunpharma, HDFC....
- Index losers Rel infra, JPass, Sbin, DLF....
- 52 week high Berger paint, Castrol, Sunpharma....
- 52 week low Andhra bank, Future retail, GSPL, IOB, Jindal steel....
- Banned stock for 24th - May =Hdil, Renuka
open interest of nifty
Put Call Ratio of nifty
Put option =45344850
------------
Call option=39188800
PCR =1.157
Market Revenue on 23-05-2013
Market Outlook on 24-05-2013
Market cracked very badly, We already told closing below 6112 very weak. See now market fallen heavily & closed very critical level & closed marginally below 5968 mark. Last week we said market may fall near 5853, but it return back without touching that bottom. So now it has looking to see that bottom. Also last two days LT & SBI deliver poor results, So both of those stocks gave origin for this fall. If heavy weight stocks fall more then all mid-cap & small-cap take more damage. In a single day Put-Call Ratio was suffered by bears, now it stays at 1.157. If we consider with open interest table, 6000 call added more than 30lak shares, 5900-6300 puts made huge short covering. 5800 Put added 13lak shares in OI. So open interest table looking to move on bears side, nifty may fall more.
Bank nifty leading this fall because of SBI result. We thought SBI beat the market expectation but it did against our view. If it fall then make this opportunities to buy some under weighted stocks. If bank nifty break 12500 then it will test 12200, single close below 12200 market meet more fall. Now nifty having 5940-5930 is an good support zone, but it looking to break. If nifty fall below 5930 then go short with the target of 40-50 points. Nifty break 5853 then more downside will be seen in coming days. We thought market already weak and also week end, so big fall will be looking there. Be ready for every thing.
Trend of the day
First half will be flat, second half favor for bears if breaks 5930.
Nifty levels
Nifty support - 5929-5940 (major)
Nifty Resistance - 6000-6007, 6040-6046(major)
Stock Calls
Bajaj auto : Sell below 1805 sl 1821 target
will be 1783, 1769
Airtel : Buy above 301 sl 298 target
will be 306, 309
Option Call
Nifty : Buy 5900 Put around 42-46 sl 34
Target will be 61, 65
Delivery Call
Idea : Buy above 131 sl 127 target
135, 138
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.com
Market data on 21-05-2013
- Nifty closed at 6114.10 down by 42.80 points
- Nifty future closed at 6116.90 premium of 2.70 points
- Open interest of the nifty is 2,59,55,900 up by 1,94,000 with fresh short build up.
- Advances 435 Declines 852 Unchanged 86
- Index gainers Coal india, BHEL, TCS, HCL Tech....
- Index losers Ultratech, NTPC, JPass, Grasim, DLF....
- 52 week high icici, Nestle, United spirits.... lots of stocks hit 52 week high....
- 52 week low MRPL, Cox&kings....
- Banned stock for 22nd - May = nil
Open interest of nifty
Put Call Ratio of nifty
Put option =52205600
------------
Call option=39213450
PCR =1.33
Market Revenue on 21-05-2013
Market Outlook on 22-05-2013
Market once again fallen significantly on down side, but still not closed below 6112. Market could not close below this level on closing basis. This is the good area for buy any stocks for short term period. If nifty close below 6085 then only danger for this bull run, upto that no worry about market trend. While consider with Open interest, 6200 put seen some short covering. 6000&5900 put added more than 10 lak shares in OI.6100-6300 calls added more than 10 lak shares in OI. 6100 will act as a pivot for this serious. Put-Call Ratio now in bulls control stays below 1.40, exactly at 1.33. So correction was over in the last two days, now market have to move another 150 points from here. On Wednesday US federal Reserve bank meeting is there. So some body expect that will impact some effect on Equity market also. But we thought that will not consider with this bull run.
Bank nifty fall also came to end, because all market persons eyes on SBI result on Tuesday. SBI will deliver their result above expectation. Also SBI still not performed well in this rally, so after result it may cross 2600, we may see 3000 in coming months. dollar Vs rupee now above 55.40, so fii's are very happy to invest here. IT sectors may get good profit , So IT sectors may run again from here. Last two days market fallen but fii's bought in cash. Also they went long on nifty future. So they never leave market down. Keep note, please place sl for all your longs at 6085 on closing basis.
Trend of the day
Market will be favor for bulls in both session. Closing will be in green.
Nifty levels
Nifty support - 6085-6079 (major)
Nifty Resistance - 6146-6151, 6175-6181 (major)
Stock Calls
Sun tv : Sell below 421 sl 427 target
will be 415,411
R Power : Buy above 81 sl 78 target
will be 84, 86
Option Call
Bank nifty : Buy 13200 call around 120-130 sl 80
Target will be 180, 220
Delivery Call
Indian bank : Buy near 155 sl 151 target
will be 160, 163
keep hold all stocks we will give proper exit level.
THANKS & REGARDS 90422-04422
NSEBSENOW E-mail-- nsebsenow@gmail.com
