- Nifty closed at 6124.05 up by 19.75 points
- Nifty future closed at 6131.25 Premium of 7.20 points
- Open interest of the nifty is 1,75,91,300 up by 44,86,100 most probably huge roll over from last month with fresh long build up also.
- Advances 516 Declines 767 Unchanged 67
- Index gainers M & M, ITC, Tatamotors, Kotak Bank....
- Index losers Cipla, Tatasteel, JP Ass, Hindalco....
- 52 week high Hdfc, Hdfc bank, ITC, Kotak, Sunpharma....
- 52 week low Gspl, Indian hotel, Jaypee infra, Suzlon....
- Banned stock for 31st - May =Nil
- Most active stocks by volume - Unitech, JP ass, DLF, Hdil, Rcom...
- Most active stocks by value - Axisbank, Icici bank, SBI, Havells....
Put option =30083300
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Call option=24138850
PCR =1.24
Market Revenue on 30-05-2013
Once again market moved very cutely with our levels & exactly moved as per our prediction. We knew very well that was Open & Low has to be same. Exactly it worked out which is almost equal to last expiry. Always keep one basic formula in your mind, i e. HISTORY WILL REPEAT. Now how market will react in June serious??? If we consider with index future, huge rollover was happened & also fresh long build up were done by FII's. So market has to move up only. Keep sl for all your longs at 6046. Open interest table also favor for bulls in june serious. Put-Call Ratio also giving good energy to bulls & stays now at 1.24. Bulls looking to fix 6300 by holding more than 30 lak shares in call open interest. On down side 6000 put holding 50 lak shares in OI. So 6046- 6007 will be the good base for this serious.
Now lots of firms are announcing Offer-for-sale (OFS). Due to sebi regulating all private companies has to maintain minimum 25% public shareholdings. So this will increase fund flow into market. Still bank nifty going on consolidation mood, any time it will bounce, so be ready to cheer that. Any single close above 13000 will bring to another 500-700 points upside.Risky trader may go 13500 CE maximum holding will be 10-15 days, We will get good appreciation. Next 2-3 days market may be in range bound or upside movement only, as of now all indicators are in bullish side only. so don't go short at any where. We will update if market turn to bears side. Upto that go long with sl of 6046 target will be 6281, 6360+++
Trend of the day
Open will be positive, from opening onwards market has to move gradually move upper side.
Nifty levels
Nifty support - 6070-6065, 6040-6046 (major)
Nifty Resistance - 6146-6151, 6176-6181 (major)
Stock Calls
Bhel : Buy above 206 sl 202 target
will be 210, 214
Siemens : Buy above 496 sl 489 target
will be 501, 506
Option Call
Nifty : Buy 6200 call around 65-70 sl 48
Target will be 86, 96
Delivery Call
Hdfc bank : Buy above 727 sl 719 target
will be 736, 743 ( short term )
keep hold all stocks we will give proper exit level.
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NSEBSENOW E-mail-- nsebsenow@gmail.com
