- Nifty closed at 5836.95 up by 66.05 points
- Nifty future closed at 5840.10 Premium of 3.15 points
- Open interest of the nifty is 1,49,65,450 up by 2,12,650 mostly long build up.
- Advances 700 Declines 578 Unchanged 74
- Index gainers Relinfra, Hcl tech, ITC, Tata Power, BPCL....
- Index losers BHEL, Tata steel, Sesagoa, Cipla, Axis....
- 52 week high -CESC, Hul, Lupin, Rcom....
- 52 week low - Albk, Asoke leylond, Bank of baroda, bank of india lots of stocks hit new low....
- Banned stock for 5th - July = Nil.
- Most active stocks by volume - Rcom, FSL, Unitech, Hdil,JP ass...
- Most active stocks by value - Mc dowell, Relcap, Rcom, Reliance, Sbi....
Put option =41929550
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Call option=32925350
PCR =1.27
Market Revenue for 04-07-2013
Market giving more volatile but volumes were too low. We already said market will test 5800 but it could not break 5739-5750. See now, market went down almost near to our support level now bounced up. If we consider with weekly chart nifty seems to be move up. So week end closing will be very important to us. We could possible to see closing of nifty above 5900. As per open interest table, We seen below 5800 put options added more volumes. 5800 & 5700 both added more than 20lak shares. Below that 5600 put holding more than 70lak shares in OI & giving mass support for long term traders. On upside 5900 & 6100 calls both added nearly 20lak shares in OI but we seen some short covering in 6000 call. So bulls will trying to move the market towards 6000 mark. Once nifty break 5900-5907 then we could see fast rally of 40-50 points very easily. FII's not showing good volumes as of now, they are still struggling to enter into the market.
Bank nifty facing more difficulties nowadays. Lots of bank stocks making new 52 week low now. Blue chip bank SBI also struggling more. Sebi have to take proper action while showing these type of market condition. because we already said in our research, public sector banks are trading below the book value but private sector banks are trading above the book value. If we check the fundamental data of those banks, they produced very good result upto march-13. But why it falling more & more?. The only solution is, SEBI has to interfere into the system & make some correction. Otherwise no one can stop this fall. Anyway investors don't miss this opportunities, please enter now it looking very cheap. All bank stock having good potential to move up. Put-Call Ratio now looking good for bulls. Please keep one thing in your mind, nifty weak only if it break 5739-5750 level, so any dip near to that level will be an good chance for buy.
Trend of the day
Positive, last one hour we get more volatile.
Nifty levels
Nifty support - 5777-5783, 5739-5747 (major)
Nifty Resistance - 5904-5710, 5967-5973 (major)
Stock Calls
Bank india : Buy above 225 sl 219 target
will be 231, 237
Infy : Buy above 2476 sl 2456 target
will be 2501, 2525
Option Call
M&M : Buy 1000 call buy above 23 sl 18
Target will be 28, 34
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
