- Nifty closed at 5842.20 up by 159.85 points
- Nifty future closed at 5841.45 Discount of 0.75 points
- Open interest of the nifty is 1,43,32,450 up by 24,16,000 mostly fresh long build up.
- Advances 974 Declines 337 Unchanged 44
- Index gainers Jindal steel, BHEL, Relinfra, BPCL, Tatapower....
- Index losers Hcl tech, Ranbaxy, HUL....
- 52 week high -Dr Reddy....
- 52 week low - Albk, Cummins, Gitanjali gems, MMTC....
- Banned stock for 1st - July = Nil.
- Most active stocks by volume - Ifci, Unitech,JP ass,Ongc, Idea....
- Most active stocks by value - Mc dowell, HUL,Reliance, Ongc, Icici....
Put option =36116450
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Call option=26060750
PCR =1.38
Market Revenue on 28-06-2013
Market Outlook for 01-07-2013
Market once again moved extraordinarily & shows mass movement. Last two days it recovered more than 250 points. No one can expect this movement. July serious also started positive note but we have one hurdle point is 5853. Nifty has to close above 5853 for 2-3 days then only we could see bull run with target of 6100 mark. One more good thing is FII's turned into net buyers now, They bought more than 1000cr in cash segment and also they came to long on index & stock future with huge value. So they are highly positive in near term. We already said we have to trade with FII's way, then only we made profit. Now Dollar Vs Rupee fallen below 60 will be an another good sign for equity. If we consider with Open interest, 5700 & 5800 Put options added nearly 35lak shares in OI & 5600 put holding more than 60lak shares in OI. So bulls looking to fix 5700 as a bottom of this serious. On upside 5900&6000 calls both holding 40lak shares each.
Weekly trend is buy on every dip with sl of 5739. We could see 5739-5750 will act as a strong support now. Very difficult for breaking this zone. So if we get any chance near to this zone will be a good chance for buy. Weekly chart of nifty shows bullish engulfing pattern, in a single day all market data turned into positive way. Oil sector moving up due to good announcement from government. Bank stocks also now seems to be move positively. We could see profit booking but investors & traders use that chance to go long. Put-Call ratio now near to 1.40, So market needs some consolidation in coming days. Next one week we could see consolidation movement with some range. because Q1 results will start from second week of july month.
Trend of the day
Range bound or flat
Nifty levels
Nifty support - 5777-5783, 5739-5749 (major)
Nifty Resistance - 5857-5863, 5924-5929 (major)
Stock Calls
Tata motor : Buy near 280 sl 273 target
will be 286, 291
Yesbank : Buy above 463 sl 456 target
will be 469, 474
Option Call
Rel infra : Buy 360 Call around 14-15 sl 10
Target will be 18, 21
Delivery Call
Syndicate bank : Buy above 110 sl 106 target
will be 115, 119 ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
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NSEBSENOW E-mail-- nsebsenow@gmail.com
