- Nifty closed at 5878.00 down by 3.00 points
- Nifty future closed at 5893.35 Premium of 15.35 points
- Open interest of the nifty is 1,21,70,650 down by 1,57,000 mostly long liquidation.
- Advances 404 Declines 905 Unchanged 52
- Index gainers Infy, Hdfc, Ntpc, Bajaj auto, Hcl....
- Index losers Jindal steel, Bhel, Bpcl, Indusind....
- 52 week high Dr Reddy, CESC....
- 52 week low Bharati infratel, Hdil, Hpcl, Idbi, Ifci, Guj mineral, GSPL, JPass, JP power, Tata steel, Jindal steel....
- Banned stock for 11th - June = Hdil
- Most active stocks by volume - Opto circuit, Unitech, Rcom, Renuka, Jp ass....
- Most active stocks by value - Icici, Sbin, Rcom, Tcs, Hdfc....
Put option =42047600
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Call option=40977000
PCR =1.03
Market Revenue on 10-06-2013
Market outlook for 11-06-2013
Market once again shows very good strength in our support level of 5853. But keep note once it break this level then we could see more damage in market. 5900 put holding more than 65 lak shares in open interest & 5800 also holding more than 60lak shares in OI. So we have massive support between 5900-5800 range. Put-Call Ratio of nifty still stable above 1, which is very positive for bulls. Dollar Vs Rupee hit all time fresh low. Rupee getting weak against dollar is very positive for IT sectors, FII's and exporters, but not favor for indian economy and importers. If it stable above 57 then Inflation will met problem, even all economical factors will face some critical situation in coming days. So Government & RBI both must take necessary action immediately. Otherwise no one can save our country.
We thought bank nifty will move up in this week but it seems to be in profit booking mood. Because now IT sectors are moving up & giving some support for nifty index. Now bank nifty closed below 100DMA & 20Week Moving average. As of now we are having psychological support of around 12000 mark. suppose if it break this level then we have a chance for 300-450 points profit booking in coming days. Lots of bank stocks are trading now below book value, so long term investors may go bet on bank stocks, it may give good profit in next 2-3 years. All traders please don't hold any future longs when nifty break 5853. Go short below 5853, free fall will be expected below this level. As per technical nifty never break 5853.
Trend of the day
First half will be in range bound.
Nifty levels
Nifty support - 5853-5847 (major)
Nifty Resistance - 5930-5940, 5968-5974 (major)
Stock Calls
Hpcl : Sell below 272 sl 281 target
will be 267, 263
Indusind : Sell below 494 sl 503 target
will be 487, 483
Option Call
Yes bank : Buy 490 Put above 14 sl 9
Target will be 19, 23
Delivery Call
Syndicate bank: Buy near 127 sl 125 target
will be 132, 135( short term )
keep hold all stocks we will give proper exit level.
Please buy our calls only at specified range, don't enter before that.
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NSEBSENOW E-mail-- nsebsenow@gmail.com
