- Nifty closed at 5528.55 down by 65.45points
- Nifty future closed at 5535.20 premium of 6.65
- Open interest of nifty is 2,02,38,250 up by 4,06,250 mostly short build up.
- Advances 528 Declines 754 Unchanged 78
- Index gainers JP ass, ambuja, itc,Bpcl....
- Index losers Infy, hcl, coal india....
- 52 week high EssDee, Aarti drugs, RS software....
- 52 week low Andhrabank,Tatasteel,Mrpl,Sail,.... lots of stocks are in 52 week low, some of stocks are in multi year low.
- Banned security for 15th-April -Hdil
PutCall Ratio of niftyPut option =39581800
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Call option=44961350
PCR = 0.88
Market Turnover on 12-04-2013
We already said market still weak, see now market falling very badly. we thought infosys might have push market upside, But it also fails the bulls energy. Also we said so many times, please avoid IT sector. Lots of our clients & friends saved their money now. 5600 call added nearly 13lak shares in OI with 71 lak shares. It may act as a strong resistance now, In nifty put option OI we seen some long liquidation. Weekly close of nifty seems to be very bad. Nifty EOD chart looks almost like abandoned baby bearish pattern. So fresh buy only above 5610. We said limited upside only. Please keep mind below 5477, next down side target would be 5366.
All world markets are now firing but here falling down. One more basic rule is going good with world market that is, If equity market moves up simultaneously commodity has to fall. please check these formula in the past performance. last ten years gold &silver were moves nonstop, now it falling down & All equity market moving up except our market. We expect bull run will start after 6 months only, before that some correction expected.Target might be below 5000. Reliance, Tcs,Hcl, Yes bank results are coming in next 2-3 days...
Trend is flat negative. Any upside please go short.
Nifty levels
Nifty Resistance - 5551-5557 (major)
Nifty support - 5483-5477(major)
Stock calls:
Yes bank : Buy above 443 sl 437 target
will be 449,453
Sun tv : Sell below 360 sl 367 target
will be 355, 351
Jp ass : Buy above 71 sl 68 target
will be 74.5, 77 (positionally)
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
