- Nifty closed at 5908.95 up by 57.75
- Nifty future closed at 5939.75 premium of 30.80
- Open interest of nifty is 1,50,48,200 down by 4,11,900 mostly Short covering.
- Advances 725 Declines 747 Unchanged108
- Index gainers Maruthi, SBI, Tatapower, Ranbaxy....
- Index losers Bajajauto,Gail,Airtel...
- 52 week high Asainpaints, Hcl tech, Sunpharma...
- 52 week low Bharti infratel,BEML,Simplex infra....
Putcall ratio of nifty
Putoption = 55444250
-----------
Calloption= 37832300
PCR= 1.465
Yesterday we mention in this chart, ie. put option decreasing & call option increasing. See now it doing his job very well. Our chart telling how we are accuracy in market.
Market turnover for 14-03-13
Conclusion & suggestion For 15-03-2013
Last session market performed exactly with our recommendation. As per our view nifty tests 5800 mark & from there responsible buyer takeover the market to higher level on closing. In open interest of 5600&5700 put seen more liquidation mostly short covering.6000 put added 5.5 lak shares in open interest FII's cover their shorts mostly. 6100 call added nearly 7 lak shares, so market seems to be test 6000 mark very soon. we need at least single closing above 5968. Market seems to be in the range of 5800-6100 level for next one week. Nifty broke 5800, but bears have no strength to sustain below that level.
Bulls now almost takes the market in their control. Only disadvantage is still they are not able to close above 5968.All indicators are showing that market is in bullish side. Banks covered their earlier lose and closed very positively.Try to buy some midcap bank stock, it may perform well in coming days.Rbi policy is an key factor for next bull run.All world markets are in bull market, but still our market not performed very much. Year end financial results may change this trend. But upto that we need sufficient patience.
Nifty levels
Nifty resistance - 5968-5875 (major)
Nifty support - 5883-5880, 5860-5850 (major)
Stock calls
Sunpharma :Sell below 828 sl of 836 target
will be 820,815
Reliance :Buy above 861 sl of 854 target
will be 868,872
Please hold all stocks....
NSEBSENOW
