- Nifty closed at 5935.10 up by 118.40 points
- Nifty future closed at 5941.35 Premium of 6.25 points
- Open interest of the nifty is 1,68,17,250 up by 13,50,050 mostly long build up.
- Advances 767 Declines 400 Unchanged 65
- Index gainers Sesagoa, Hindalco, Airtel, Kotak bank, Indusind....
- Index losers LT, Maruti, Ranbaxy, Tatamotor....
- 52 week high - Dr Reddy, Lupin, Ipca lap, Sunpharma, Mcdowell,...
- 52 week low - Engineersind, Gitanjali gems, MMTC, Torrent power....
- Banned stock for 12th - July = Nil.
- Most active stocks by volume - Ibreal,Rcom, Unitech, JP ass, Hdil...
- Most active stocks by value - Infy, Hfdc, Icici, Reliance, Sbi...
Put option =47845100
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Call option=31299200
PCR =1.53
Market Revenue on 11-06-2013
Once again our prediction was done very well nifty broken 5900 level & closed excellently. Now nifty gave clear break out for upside movement. We already said go long above 5910 target will be 6046+++, it could be possible in next 2-3 days. As per open interest table, we seen huge short covering in most of Call options OI & 5900-6000 Put options added nearly 30lak shares in OI. Now both call & Put options of 5900 strike price having equal strength on OI volumes. So short term traders keep the sl 5890 on closing basis & go long. FII's now net buyers in cash segment but not much volume. Also they invest huge amount in index future & index option. So as per our our simple formula FII's Long means we have also go long. One more thing is technically nifty showing buy signal & now almost formed Bullish Pennant pattern... see the picture below
Bank nifty still struggling to move up. Mainly PSU banks are not performing well as of now. Once it start the movement then no one catch in this price. So interested may buy these stocks at CMP. Now metal stocks are looking to move up. Sesagoa, Hindalco, Jsw steel & tata steel will be good pick up for short term. Market now expecting infosys result which net profit will fall down. Mostly these are operators doing work only. 100% they will know the result of infosys. Infosys results will come above the street expectation & it will fire on upside. Where ever it go but direction of movement already fixed one. In next two days nifty will break 6000 mark. Put-Call ratio as per our prediction moving up now stays above 1.50.
Trend of the day
Positive
Nifty levels
Nifty support - 5894-5888, 5853-5847 (major)
Nifty Resistance - 6000-6007, 6041-6046 (major)
Stock Calls
Hdfc : Buy above 856 sl 847 target
will be 863, 871
Infy : Buy above 2800 sl 2768 target
will be 2836, 2876
Option Call
Lic : Buy 240 call buy above 8 sl 6
Target will be 11,14
Delivery Call
Hindalco : Buy above 103 sl 99 target
will be 106, 110 ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@gmail.com
