- Nifty closed at 5857.55 down by 41.30 points
- Nifty future closed at 5859.05 Premium of 1.50 points
- Open interest of the nifty is 1,50,91,000 down by 1,61,950 mostly long liquidation.
- Advances 603 Declines 691 Unchanged 67
- Index gainers Ranbaxy, Lupin, Gail, Airtel, Bhel....
- Index losers Jindal steel, Dlf, Axis, Relinfra, Tata power....
- 52 week high -Lupin, Rcom....
- 52 week low - Gitanjali gems, Hindcopper, MMTC....
- Banned stock for 3rd - July = Nil.
- Most active stocks by volume - Satyam, Rcom, FRL, Unitech, Unitech,JP ass...
- Most active stocks by value - Mc dowell,Satyam, Rcom, Reliance, Sbi....
Put option =37889800
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Call option=30111100
PCR =1.258
Market Revenue on 02-07-2013
Market took rest after a massive move and finally it loose 41 points. But market creating some base in this level. We already said here market has been very strong when it closes above 5853. Now we got two consecutive close above 5853. But 5800 call holding nearly 40lak shares in OI, so nifty have to test 5800 level. Suppose any fall near to 5800 will be an good chance for buy in near term. Nifty 6000 call holding more than 60lak shares in open interest and it may act good resistance for upside now. On downside 5600 having more than 60lak shares in OI. So it has to give good support for some days. We will expect market will trade in the range between 5815-5929 for some days. Market may decide it's direction after Q1 results of corporate firms. Mostly we are looking on upside and keep sl of 5739 on closing bases for this serious. Mainly now monsoon seems to be good and we got above the normal level as of now. Once we get good monsoon, then lots of field will get more benefits.
Bank nifty still in struggling, Still we don't get clear buy from banking side. This is somewhat negative for market. When ever banks has to lead the rally before nifty. But now banks are struggle more. Again FII's status not good in both cash & index and also they decreasing their volumes. They not showing much interest in equity. Keep note any buy near to 5800 will be an good chance for long, So go long any dip & keep sl of 5739 on closing bases. Put-Call Ratio also now looking in comfortable zone for both bulls & bears.
Trend of the day
Negative & positive mixed.
Nifty levels
Nifty support - 5847-5853, 5777-5783 (major)
Nifty Resistance - 5924-5929, 5967-5973 (major)
Stock Calls
Lupin : Buy near 805 sl 797 target
will be 813, 821
Hdfc bank : Sell below 654 sl 661 target
will be 647, 643
Option Call
Hdfc : Buy 860 put buy above 17 sl 14
Target will be 21, 25
Delivery Call
JP Ass : Buy above 57 sl 53 target
will be 61,65 ( 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
