- Nifty closed at 5667.65 up by 11.75 points
- Nifty future closed at 5661.85 Discount of 5.80 points
- Open interest of the nifty is 2,12,56,300 down by 2,77,700 mostly short covering.
- Advances 437 Declines 852 Unchanged 66
- Index gainers Indusind, Ongc, Ranbaxy....
- Index losers Jindal steel, PNB, Bank of baroda, Rel infra....
- 52 week high -....
- 52 week low -Lots of stocks hitted new fresh low....
- Banned stock for 24th - June = Hdil
- Most active stocks by volume - FRL,Rcom, Unitech,JP ass, Jindal steel....
- Most active stocks by value - Sbin, FRL, Icici, HUL, Reliance....
Put option =44616000
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Call option=54768950
PCR =0.81
Market Revenue on 21-06-2013
Market Outlook for 24-06-2013
Market falling as per our prediction & levels. Our simple basic formula working very nicely. Still we will looking to see more bottom from here. Traders please close all your longs & go short. If we consider with open interest, nifty 5800 call holding more than 1 cr shares in OI, So this may act as a good resistance for next one week. On downside 5600 holding nearly 90lak shares in OI, but we seen 5600 call added nearly 12lak shares in OI. So market looking to go below 5600 levels in coming days. FII's are booking their profits in cash segments, now we seen lots of stocks cracked very badly due to this profit booking. As of now market holding by pharma, IT, Automobile sectors only & all other sectors cracked very hardly. Even some of stocks running on blood bath. India VIX ( volatile index ) near by 20. So market moving down with more fear. Expiry will be there in next week so trade very carefully.
Banknifty also cracked down very hardly. Some of bank stocks fallen more than 10% in the last week, We already posted in our research ie public sector banks are very cheap compare to their Book value. Now we seen more cheap after this week close. Bank of baroda, KTK bank, Bankindia, Oriental bank, Union bank, Syndicate bank are fallen heavily in the last week. Market seems to be fall more in coming days. We already said, For healthy market means banks have to perform & they have to push up. But now banks are cracking very badly, so traders please go short on any rise in both Nifty & Bank nifty. Put-Call Ratio now stays at 0.81 almost oversold position. If it stays below here for some days then trend reversal will come ie instead of move up, market may fall more from here. Let us see how market will react in coming days.
Trend of the day
Negative
Nifty levels
Nifty support - 5580-5588 (major)
Nifty Resistance - 5701-5707, 5739-5757 (major)
Stock Calls
Kotak bank : Sell below 729 sl 737 target
will be 721, 714
Maruti : Buy above 1660 sl 1648 target
will be 1672,1677
Option Call
Yes bank : Buy 450 put around 7-8 sl 5
Target will be 10, 13
Delivery Call
Ambuja : Buy above 187 sl 183 target
will be 192, 197 ( short term )
Buy July month 5500 Put one lot at 58-61 range Target will be later
Please buy our calls only at specified range, don't enter before that.
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NSEBSENOW E-mail-- nsebsenow@gmail.com
