- Nifty closed at 5748.10 up by 43.70 points
- Nifty future closed at 5766.60 premium of 18.50
- Open interest of nifty is 1,32,05,450 up by 10,89,300 mostly long buildup.
- Advances 1142 Declines 370 Unchanged 72
- Index gainers Sunpharma,Relinfra,Sesagoa,Idfc....
- Index losers Bajaj auto,Hdfc,Axisbank....
- 52 week high Dabur,Finolex,Pidilite,sunpharma....
- 52 week low Onelife capital,Bimetal bearing,....
- Banned security for 3rd-April -Nil
Put option =34033700
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Call option =28695700
PCR = 1.18
Market turnover on 02-04-2013
As per our view market moved excellently & broke 5739.Also 5800 call makes decent profit to our viewers. Now what next??? Still we have not seen any strong resistance on upside while consider with open interest. 5900 call only having small resistance with around 50 lak shares in OI. On down side 5600 put having more than 80lk shares & 5700 put around 60 lk shares in OI. We already told EOD chart looking good for upside, now we got more than 50 points gain in nifty. If anyone holding nifty long please modify your sl @ 5693 on closing basis. One more thing last two days market turnover looking very low but, breadth of the market looking nice.
After a long time FII's standing as a net sellers & DII's were net buyers in cash segment, So be careful. These upside movement only for result expectation. Nifty & banknifty both closed at neck of this short bull run. Investors must do some hedging now. because if results of corporate firms comes below expectation then market may go down very badly. Trend of the market now mildly bullish only. Lots of stocks giving buy signal in SAR tool.
Nifty levels
Nifty Resistance - 5777-5783, 5815-5821 (major)
Nifty support - 5893-5700, 5663-5657 (major)
Stock calls:
Bank of india : Buy above 320 sl 315 target
will be 325, 329
Hcl tech : Buy above 798 sl 789 target
will be 805,811
Please hold all stocks....
If any one need to add any useful market data's in these analysis, please mail on us we will consider to improve our level of presentation.
THANKS & REGARDS
NSEBSENOW E-mail-- nsebsenow@gmail.com
