- Nifty closed at 5822.25 up by 8.65 points
- Nifty future closed at 5822.7 Discount of 1.60 points
- Open interest of the nifty is 1,85,34,150 up by 7,34,850 mostly fresh long build up.
- Advances 687 Declines 585 Unchanged 78
- Index gainers Hindalco, Sesagoa, Ambuja, Airtel, Jindal steel....
- Index losers Tata motor, Hero motor, Dr Reddy, Tata power....
- 52 week high Havells india, Idea, Lpca lab, M&M financial, Rcom....
- 52 week low Apollo tyre, MMTC, Mrpl....
- Banned stock for 20th - June = nil
- Most active stocks by volume - Rcom, Unitech, Apollo Tyre, JP ass, Idea....
- Most active stocks by value - Rcom, Reliance, Sbin, Hdfc, Jindal steel....
Put option =43593600
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Call option=48079450
PCR =0.90
Market Revenue on 19-06-2013
Market remains range bound in the last two days. Nifty trading between 5777-5860 range. So closing anywhere below or above those levels will bring another levels. We suggested all trader to avoid trading between these zone. Please enter once it give clear direction. As per open interest, 5800 put holding more than 70 lak shares in OI, Below that 5700 put hold with mass support of more than 80 lak shares in OI. Also we seen some long liquidation in 5800 call. So if consider with open interest, still in confusion stage. But FII's are build some short in index future And reduced their volumes in cash segment. These aspects only very big draw back now. Otherwise nifty technically looking some bounce. Market advance decline ratio looking strong. Now major supporters are DII's & individual traders. FII's are in profit booking mood & also dollar weakening is favor for them to book profits.
Mostly market will looking to fall heavily, we suggested our clients to go short nifty positionally with sl of 5853 on closing basis, target will be 5663, 5880. Bank nifty also not looking to move up, still it was trading below 200DMA. Dollar Vs Rupee is major issue now. If continue this effect in rupee, then market will going to meet very critical position. Market looking to open gap down, but bulls try to push up, please utilize any upside to go short. Please do some basic thing, Ie If FII's are in long then please go long. If they are in short then go short. This is also one of basic rule for making profit. Now metals are looking to move up but market falling down. For short term traders may concentrate on metals sectors.
Trend of the day
Negative
Nifty levels
Nifty support - 5736-5739 (major)
Nifty Resistance - 5853-5857 (major)
Stock Calls
Pnb : Sell below 721 sl 727 target
will be 713, 706
Hero motor : Sell below 1615 sl 1624 target
will be 1606,1597
Option Call
Bank india : Buy 270 put above 5.5-6 sl 3
Target will be 8, 9.5
Delivery Call
Airtel : Buy above 302 sl 295 target
will be 310, 316 ( 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
