Market data on 31-07-2013
- Nifty closed at 5742 down by 13.05 points
- Nifty future closed at 5781.05 Premium of 39.05 points
- Open interest of the nifty is 16,702,450 down by 6,51,650 Mostly long liquidation or profit booking.
- Advances 401 Declines 781 Unchanged 50
- Index gainers -Airtel, Dr Reddy, BHEL, Lupin, Hindalco....
- Index losers -Dlf, Axisbank, Power grid, NTPC, Jpass....
- 52 week high - Hcl tech, Idea, Sun pharma, Tcs,...
- 52
week low - Mostly all bank stocks & most of sectors are in 52 week low....
- Banned stock for 01st - August = Nil.
- Most active stocks by volume -Unitech, JP ass,Yes bank, Rcom, Suzlon...
- Most active stocks by value -Yesbank, SBIN, Icici,Axis bank, Hdfc...
Open interest of nifty
Put Call Ratio of nifty
Put option =32442550
------------
Call option=29611000
PCR =1.09
Market Revenue for 31-07-2013
Market outlook for 01-08-2013
Market meeting huge selling pressure & broke all support levels. But managed to close above 5739 level. Any close below 5739 then we could see another fall. After a long time FII's shows some good volume in cash segment. But they went some long liquidation in index future. Dollar Vs rupee crosses 60 mark. If we consider with open interest table, 5700 put holding more than 60lak shares in OI. below that 5600 also holding more than 40lak shares in OI. On upside 6000 call holding nearly 60lak shares in OI & give mass resistance for bulls. Open interest table now starts to build some long side which is favor for bulls. Now market is in weak only but some short covering will be expected. This short covering may bring the nifty to 5900 level. The next movement could be decided based on how it handles those levels. Dollar strengthening is favor for FII's in two ways, 1) They can book their profit 2) If it stable above 60 then indian equity market will be very cheap for them, so they may invest more to here. Let us see what they will do?
We seen some short covering in PSU stocks. Almost all bank stocks are in over sold position. So short covering might be takes place in coming days. But bulls be careful on upside because still selling pressure seems to be high.Bears are waiting on higher level for initiating shorts. We don't thing any fresh buying upto 5968 level. If nifty closes above 5968 then fresh buying will start. Icici banks beats the market expectation & it came after market hours. So morning only we know how market will react for this result. Put-Call Ratio seems to be flat now. Please note for long term traders & fresh buyers. When ever nifty closes above 6085 on monthly basis then nifty will see 600-700 points upside. Suppose if nifty close below 5625 on monthly basis then nifty will fall below 5000 mark.
Trend of the day
High volatile- positive
Nifty levels
Nifty support - 5701-5696, 5663-5658 (major)
Nifty Resistance - 5810-5815, 5847-5853 (major)
Stock Calls
Canara bank : Buy above 274 sl 265 target
will be 282+++
Hdfc : Sell below 793 sl 803 target
will be 783---
Option Call
M&M :
Buy 940 CE above 30 sl26
Target will be 34+++
Delivery Call
Sesa goa : Buy above 128 sl 123 target
will be 136+++ ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@GMail.com
Market data on 30-07-2013
- Nifty closed at 5755.05 down by 76.60 points
- Nifty future closed at 5797.55 Premium of 42.50 points
- Open interest of the nifty is 1,73,54,100 up by 7,86,900 Mostly long liquidation or profit booking.
- Advances 240 Declines 947 Unchanged 44
- Index gainers -Idfc, Jindal steel, Hcl tech, Sunpharma, LT....
- Index losers -BPCL, Relinfra, Dlf, Ranbaxy, Ongc....
- 52 week high - Asian, Biocon, Sun pharma, TechM,...
- 52
week low - Mostly all bank stocks & most of sectors are in 52 week low....
- Banned stock for 31th - July = Nil.
- Most active stocks by volume -Unitech, JP ass,Dish tv, JPpower, Rpower...
- Most active stocks by value -SBIN, Icici,Axis bank, LT, Hdfc...
Open interest of nifty
Put Call Ratio of nifty
Put option =31463250
------------
Call option=29311350
PCR =1.07
Market Revenue on 30-07-2013
Market outlook for 31-07-2013
Market unexpectedly came down more than 300 points from the recent top. Only few sectors are remains in green. Now lots of stocks are trading in oversold position. Market fallen heavily but premium of nifty still too high. If we check FII's status they are net buyers in cash segment. As per open interest table nifty has to bounce very sharply from here. Down side 5700 put holding more than 50lak shares in OI with addition of 18lak shares. Still upside 6000 call holding more than 50lak shares in OI. 5900 put &Call both holding almost equal volume of shares. So we don't thing any big down side from here. At least nifty has to go for consolidation trend for next few days. We having strong support now at 5739 & 5682 both are looking strong. Very big issue for market is Rupee Vs dollar, it again crosses 60 after announcement of RBI policy. So now no one could not understand what RBI doing. They are just testing the patience of investors. They are not taking proper action for controlling rupee weakening.
Due to unwanted action by RBI, now banking stocks are almost collapsed. Some of stocks lose more than 60% in the past 4-6month. We thought banks might fall remaining all, if RBI & Government would not take right decision. If banks fall further down then our indian economy will be an big ? & also india will loss confidentiality of FII's. If they not take immediate action then FII's wipe out all their money from here. Now we have strong psychological support of 10000 mark for bank nifty. We expecting Icici bank Q1 result will beat the market expectation, If they beats the estimation then market will fire. other wise no one can save market in falling down. Put-Call ratio seems to be flat. Still we are believing market will hit all time high, if nifty holds 5739.
Trend of the day Flat- positive
Nifty levels
Nifty support - 5735-57359 (major)
Nifty Resistance - 5810-5815, 5847-5853 (major)
Stock Calls
Bank of baroda : Sell below 552 sl 557 target
will be 546---
Biocon : Sell below 316 sl 321 target
will be 310---
Option Call
Hero motor :
Buy 1850 PE above 61 sl 51
Target will be 71+++
Delivery Call
Icici bank : Buy above 946 sl 930 target
will be 961+++ ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@GMail.com
Market data on 26-07-2013
- Nifty closed at 5886.20 down by 21.30 points
- Nifty future closed at 5925.25 Premium of 36.40 points
- Open interest of the nifty is 1,80,17,050 up by 9,850 Mostly on confused stage.
- Advances 346 Declines 823 Unchanged 62
- Index gainers -Ambuja cement, ITC, Sunpharma, Hero, M&M....
- Index losers -Hindalco, PNB, Sesagoa, Coal india, HUL....
- 52 week high - Biocon, Hcl, Idea, TechM, Zeel...
- 52
week low - Mostly all bank stocks & metal stocks are in 52 week low....
- Banned stock for 26th - July = Nil.
- Most active stocks by volume -Unitech, JP ass,Yes bank, JPpower, HDIL...
- Most active stocks by value -SBIN, Icici, Yesbank, ITC, HUL...
Open interest of nifty
Put Call Ratio of nifty
Put option =27692300
------------
Call option=24446750
PCR =1.13
Market Revenue on 26-07-2013
Market outlook for 29-07-2013
Market falling very badly due to some bad sentiments in bank stocks, Metal stocks, Real estate stocks. Still nifty is holding just 400 points away for all time high. Still market in confusion stage. Because we seen huge rollover in index future But market falling down more than 200 points from the recent high. If we are right then this is purely operators doing work. They are pushing the option buyers in put option & they write them in high premium. After that they moves the market on upside. Let us see... Now open interest table just building on, If we consider this, bulls are trying to block the bears by sealing 5800 put with open interest of more than 40lak shares. Bear are trying to block bulls by sealing 6000 call with open interest of more that 40lak shares. So market will be in the range of 200 points only. But please keep one thing ie any close below 5853 market will be total weak & above 5968 market will go further up.
Banks are falling non stop, Sbi now facing more selling pressure, even all banking stock falling very very badly. Rbi & Government has to take some necessary action then only we could able to save long term investors. other wise they will lose their faith about our market. Every one saying banks would not perform well in future because of NPA. But please come to understand NPA is an temporary problem. Main issue is Dollar vs rupee. It has to stabilize or fall down below 58. Other wise total economy will affect in future. So first quarter of RBI policy review may give some right solution for this wrong movement. If they not take any action then small investors will affect more. Please do small volumes up to RBI policy. Put-Call ratio looking good for bulls.
Trend of the day Flat- positive
Nifty levels
Nifty support - 5860-5853 (major)
Nifty Resistance - 5929-5936,5960-5968 (major)
Stock Calls
TCS : Sell below 1765 sl 1786 target
will be 1750---
Biocon : Buy above 325 sl 318 target
will be 331+++
Option Call
Infy :
Buy 1850 PE above 51 sl 43
Target will be 60+++
Delivery Call
Rpower : Buy above 79 sl 75 target
will be 86 ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@GMail.com
Market data on 25-07-2013
- Nifty closed at 5907.50 down by 83.00 points
- Nifty future closed at 6043.90 Premium of 36.40 points
- Open interest of the nifty is 1,80,07,200 up by 32,95,900 mostly huge roll over takes place to Aug serious.
- Advances 363 Declines 813 Unchanged 53
- Index gainers -Heromotor, Asian, BPCL, Tata motor, Axis....
- Index losers -Ambuja, JPass, ITC, HUL, Tatapower....
- 52 week high - Dabur, Hcl, TCS, Zeel...
- 52
week low - Mostly all bank stocks in 52 week low....
- Banned stock for 26th - July = Nil.
- Most active stocks by volume -Unitech, JP ass,Ambuja,IFCI, ALOKTEXT...
- Most active stocks by value -SBIN, Icici, Axisbank, Yesbank, ITC...
Open interest of nifty
Put Call Ratio of nifty
Put option =24794900
------------
Call option=21638050
PCR =1.15
Market Revenue on 25-07-2013
Market outlook for 26-07-2013
Due to high volatile market tested 5900 level. Market missed our prediction, but we said we have to accept expiry volatile & it closed our support level only. But don't worry about this fall, because market looking some upside in august month. We having strong support at 5853 level. if it break that level then close all your longs & take fresh short position. But we don't thing nifty will fall below that level, because of following reason. After a long time nifty closed with high premium. FII's build huge long in index future. So they are looking index towards upside. Now open interest table just developing for august series. so we can't get any conclusion with this data, it seems to be developing 5900 put will having good support with open interest of nearly 40lak shares. Upside 6000 call giving some resistance for bulls with 30lak shares in OI. Please note if open &low will be same then market will be highly bullish for the whole month. keep it this in your mind.
Bank nifty looking to bottomed out. Nifty fallen heavily but bank nifty not fallen much down side. Because PSU banks were not fallen much & SBI, Bank of baroda, PNB looking good for this series. Interested may go long on these banks in this month. Again & again we say if sbi starts rally then whole market will go up. We already said PSU bank stocks are trading below the book value & it looking so cheap. So we suggest there is no big down side from here. Please keep mind one thing, If banks fall more then whole market will fall heavily. If market leave this chance to make any upside then market could not see any fresh high in next few years. Please keep this in your mind. Put-call ratio seems to be good for bulls & it will give some buying chances. Investors & traders may wait another one or two days for clear direction or trend for the month. Fresh buying will start if nifty close above 6085 upto that selling pressure will be there.
Trend of the day
Flat if nifty hold 5900 in first half then there may be chances for closing above 5968 in second half.
Nifty levels
Nifty support - 5860-5853 (major)
Nifty Resistance - 5960-5968, 6000-6007 (major)
Stock Calls
Wipro : Sell below 375 sl 381 target
will be 368---
PNB : Buy above 643 sl 638 target
will be 651+++
Option Call
M&M : Buy 860 PE above 21 sl 16
Target will be 28+++
Delivery Call
Syndicate bank: Buy above 103 sl 98 target
will be 110 ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@GMail.com
Market data on 24-07-2013
- Nifty closed at 6090.50 down by 87.30 points
- Nifty future closed at 6002.70 Premium of 12.20 points
- Open interest of the nifty is 93,78,800 down by 24,89,450 mostly huge roll over takes place to Aug serious. (very huge long build up in Aug serious)
- Advances 235 Declines 951 Unchanged 42
- Index gainers -Airtel, Tcs, Sunpharma, Cipla, Bajajauto....
- Index losers -Idfc, Indusind, JPass, Axis, Kotak....
- 52 week high - Dabur, Hcl,HUL, ITC, TCS, TechM...
- 52
week low - Mostly all bank stocks in 52 week low....
- Banned stock for 25th - July = Nil.
- Most active stocks by volume -Unitech, Hdil,JP ass, Yesbank, Rcom...
- Most active stocks by value -Yesbank, Hdfc, LT, SBIN, Icici...
Open interest of nifty
Put Call Ratio of nifty
Put option =45123650
------------
Call option=25928150
PCR =1.74
Market Revenue on 24-070-2013
Market outlook for 25-07-2013
As per our view market fell sharply & rebound from our mentioned level. Now what next ? Expiry day every one expect some volatility & short covering, But we are expecting market should be in range bound. Also nifty may close+ or - 20 points from 6000. Let us see... Still market is in confusion mode because both FII's & DII's are net sellers in cash segment. So something is going on in our market , within 2 days market will show the right direction. Again & again we say market looking to hit new high before august expiry. If we consider with open interest table, we seen huge short covering in 6100 & 6000 put options and 5900 put option added nearly 10lak shares in OI. 6000 call option added more than 20lak shares in OI. Now 6000 Call & Put both having equal volume of Open interest. So we could possible to see range bound. Suppose any fall near to 5900 will be good chance for buying. There is no possibility for 5900 but expiry day we have to accept market to remain volatile. In August trend seems to be bullish so any close below 5900 we will decide to go short.
We have seen unexpected fall on bank nifty but this is fall due to private sector banks cracked heavily. YESBANK produced good result & NPA also looking good. But bank stocks are dragging down. But we feel this is the final bottom for bank nifty & bull rally will start very soon. We expect minimum 1500 points upside in this expiry. SBIN was excellently bottomed out, closing below 1786 only weak for SBIN. If SBIN start to move up then all stocks will join the party. Because SBIN is amongst the heavy weight stock in bank sector. RBI policy & SBIN result which will pull up the bank nifty. Put-Call ratio now stays at 1.74, so we are unable to do decide anything at this point in time and also the last day of July expiry.
NOTE: small traders avoid trading on expiry day.
Trend of the day
High volatile , flat
Nifty levels
Nifty support - 5943-5948, 5900-5910 (major)
Nifty Resistance - 6020-6026, 6046-6051 (major)
Stock Calls
Bajaj auto : Buy above 2010 sl 1997 target
will be 2024+++
Hdfc : Sell below 799 sl 813 target
will be 786---
Option Call
M&M :
Buy 900 PE above 12 sl 5
Target will be 21+++
Delivery Call
IDBI : Buy above 73.50 sl 71 target
will be 77 ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@GMail.com
