- Nifty closed at 5872.60 down by 36.35 points
- Nifty future closed at 5897.10 premium of 24.5
- Open interest of nifty is 1,49,78,950 down by 69,250 mostly Short covering.
- Advances 506 Declines 1003 Unchanged 79
- Index gainers Simens,Asian paints,Ranbaxy,M&M....
- Index losers DLF,ICICI,Tatamotors, Gail,Jpass...
- 52 week high Asainpaints, Hcl tech, Sunpharma,Sathyam...
- 52 week low Raymond,BEML,Onelife capital,Nilkamal...
PutCall Ratio of Nifty
Put option =53306400
------------
Call option =37993300
PCR =1.40
5900 is now key base for both bulls & bears. So we can consider 5900 as a pivot.
Market turnover on 15-03-2013
All world markets are in new all time high, but our market struggling because, lots of anti news's are cooking in our market. Now resent footage for market is Operation red spider. That is India's largest 3 banks ICICI, AXIS & HDFC banks misusing their banks by converting black money to white money. One thing please keep mind all traders & investor, No one can do nothing in those banks, They definitely escape from this scam. Suppose if that proved then we may see more danger for india. Not only spoil bank sector, it crush all the sector even indian economy also collapse very badly. So government never grow this case,maximum they will try to hide this news in some other way.
FII's decreasing their holdings in mid-cap stocks by 11% of those market capital. They are now concentrating financial, IT, Auto sectors and reducing their holdings in real estate, oil & gas sectors. Still FIIs continued to remain overweight on the auto and banking sectors and underweight on power and energy sectors. Nifty now closed above 20 week moving avg. & closed near weekly pivot. So market now cat on wall status but cat's eye on bulls side only. next week market range will be 5815 - 5968, any closing above or below will decide next movement. Upto that market will be in range bound. If any of investor holding bank stocks then please do some hedging by using banks put options.
Nifty levels
Nifty resistance - 5923-5629, 5968-5875 (major)
Nifty support - 5850-5845, 5815-5807 (major)
Stock calls
Yes bank :Sell below 473 sl of 478 target
will be 468,463
Titan :Buy above 242 sl of 237 target
will be 247,251
Please hold all stocks....
NSEBSENOW
