Thursday, 27 June 2013

MARKET SUGGESTION FOR JUNE- EXPIRY

Market data on 26-05-2013
  • Nifty closed at 5588.70 down by 20.40 points
  • Nifty future closed at 5581.10 Discount of 7.60 points
  • Open interest of the nifty is 1,65,25,300 down by 26,10,000 mostly we seen huge roll over to next month & Fresh short build up.
  • Advances 449 Declines 839 Unchanged 77
  • Index gainers TCS, Hero motor, Asian paint, Power grid, Hcl....
  • Index losers Airtel, Kotak bank, M&M, Indusind, Ranbaxy....
  • 52 week high -....
  • 52 week low  -Lots of stocks hit new fresh low....
  • Banned stock for 27th - June = Punjloyd.
  • Most active stocks by volume - Unitech,JP ass,Rcom, Ifci, Hdil.... 
  • Most active stocks by value - Sbin, Icici, Axis, Reliance, Tatamotor....
 Open interest of nifty
   Put Call Ratio of nifty

Put option =41842300
                 ------------
Call option=54685150

       PCR  =0.765














Market Revenue on 26-06-2013


Market outlook on 27-06-2013
                   Market looking to move up but Dollar Vs Rupee seems to be big issue in equity market. Rupee against dollar crosses 60 & make new life time low. So we could not look good movement in equity in coming days. Because FII's already invest more money here when rupee Vs dollar was around 50-54. So now they are booking profits in equity market. They never possible to invest money here if it stable above 60. Indian government & RBI both of them have to take action immediately to control these movement. Let us see how they react in coming days?  As per open interest table, nifty have to close above 5600 & near to 5700 level.  
              Bank nifty have to bounce now, but looking some more bottom. Technically bank nifty have to move up for the target of min 600 points. So bounce will be expected any time. Keep buy on any dip very soon we get good return. Put-Call Ratio looking too danger now & over sold position. So while consider with this, market have to bounce in coming days. We are in expiry day please avoid current month contracts. Go to next month deals. Low risk traders may avoid trading today.

Trend of the day   
  Positive, high volatile

Nifty levels
Nifty support     -  
5551-5547, 5520-5514 (major)
Nifty Resistance -   5639-5645, 5580-5586 (major)

Stock Calls
AxisBank           : Buy above 1261 sl 1248 target 
                            will be 1272, 1281

Sun tv               : Buy above 370 sl 363 target 
                            will be 377, 384
Option Call

Nifty                  : Buy 5700 july Call around 85-90 sl 69
                             Target will be 101, 116
Delivery Call 

Wipro                : Buy above 352 sl 343 target
                            will be 361, 368 ( short term )



   Keep hold all holdings

Please buy our calls only at specified range, don't enter before that.

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