Market data on 31-05-2013
- Nifty closed at 5985.95 down by 138.10 points
- Nifty future closed at 6000.05 Premium of 14.10 points
- Open interest of the nifty is 1,51,62,400 down by 24,28,900 most probably huge short build up.
- Advances 317 Declines 990 Unchanged 59
- Index gainers Infy, Sesagoa, Ambuja, Hcl....
- Index losers Ultra tech, relinfra, PNB, Gail....
- 52 week high ....
- 52 week low Gspl, Indian hotel, Jaypee infra, Suzlon....
- Banned stock for 31st - May =Nil
- Most active stocks by volume - Unitech, Hdil, Opto circuit, Jp ass,....
- Most active stocks by value - Infy, Apollo, Sbin, Hdfc....
Put option =32784400
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Call option=28428500
PCR =1.15
Market Revenue on 31-05-2013
Market moved against our prediction. But not an issue, we already said before reaching new high we have to face some volatile. Last month nifty two times broke 6000 but not test 5853. This time nifty has to test 5853, if not happen then every rally will be sell off by bears. Once nifty test near 5853 then upside rally will start towards new high. At the same time once nifty break 5853 then no one see new high in near term. We hope nifty will bounce from our level. Few things not good for bulls now. That is first day of this serious FII's turned in to net sellers in cash segment also we seen huge sell off in index future by FII's. Due to rupee weakening they are looking to book profit. So once market come down they will enter again. So don't fear about this fall. Huge buying will come on down side. This trend only for few days maximum one week. Even though please keep sl at 5853.
Still open interest table looking good for bulls side only. Put-Call Ratio now stable at 1.15 which is favor for bulls. Long term perspective nifty in bullish only. Now lots of large cap stocks are falling, Still lots of stocks not performing well as of now. Even some of stocks hitting 52 weeks low. In bank sectors also lots of stocks not performing in the past 3-4 months. Trader & Investors please try to buy large cap stock on every dip. 6000-6400 call option added more than 35 laks shares in open interest . On down side 6000-5700 put option added more than 27 laks share in open interest & 5900 put holding more than 50 laks share & giving good support now. As per our view SBI looking very good potential on upside. Interested may buy SBI on every dip. Monthly pivot of nifty stays around 6046. Support on down side 5853 resistance on upside 6181.Keep these levels for next on month.
Trend of the day
Market seems to be open red, it may fall up to 5930, below 5930 free fall will expected.
Nifty levels
Nifty support - 5830-5940 (major)
Nifty Resistance - 6040-6046 (major)
Stock Calls
Union Bank : Sell below 218 sl 223 target
will be 213, 209
Rel capital : Sell below 325 sl 331 target
will be 318, 314
Option Call
Maruti : Buy 1600 put around 44-48 sl 36
Target will be 54, 61
Delivery Call
Sesa goa : Buy above 165 sl 161 target
will be 169, 173( 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
