- Nifty closed at 5568.40 up by 39.85 points
- Nifty future closed at 5568.05 Discount of 0.35
- Open interest of nifty is 2,14,52,550 up by 12,14,300 mostly long build up.
- Advances 699 Declines 575 Unchanged 85
- Index gainers Bpcl, Bankof baroda, Ongc,Pnb....
- Index losers Sesagoa, Drreddy,Tcs, Dlf....
- 52 week high Lupin,Aarti drugs, RS software....
- 52 week low Abb,Federalbank,Heromotor,Sail,.... lots of stocks are in 52 week low, some of stocks are in multi year low.
- Banned security for 16th-April -Hdil
Put option =41903000
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Call option=44719350
PCR =0.93
Market turnover on 15-04-2013
Market unexpectedly bounced from lower level, But exactly took resistance at our level. So now max nifty never cross 5610, once break that level then go long with max sl of 5551. If we consider with Open interest some liquidation seen in 5600 call, it seems to be market may break 5600 level. but 5700 call having nearly 86 lak shares in OI, so it may act as a good resistance for this serious. Suppose if anyone go long above 5610, just exact around 40-50 points profit, don't wait for big one. Commodity market blood bath is going on, so we may expect some money diversion to equity market, that may also bring some more upside now.
5400-5600 Put option added nearly 35lak share in OI, in this 5500 will act as a good base now with 84lak share in OI. As of now market range would be 5500-5600 only. Still we have more target on downside, but upside limited.Bank nifty now moving well but we have doubtful for this up movement. but this movement is purely based on result expectation. Reliance result may effect our market condition. Reliance will announce their result after market hour, so Wednesday we may meet some shake in market.
Trend is to be flat positive... second half may go up.
Nifty levels
Nifty Resistance - 5600-5610 (major)
Nifty support - 5493-5500 (major)
Stock calls:
Ambuja : Buy above 177 sl 173 target
will be 181,184
M & M : Sell below 810 sl 817 target
will be 803,797
Idfc : Buy above 147 sl 143 target
will be 151,154 (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.
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NSEBSENOW E-mail-- nsebsenow@gmail.com
