Monday, 15 July 2013

MARKET PREDICTION FOR 16-07-2013

Market data on 15-07-2013
  • Nifty closed at 6030.80 up by 21.80 points
  • Nifty future closed at 6032.60 Premium of 1.80 points
  • Open interest of the nifty is 1,79,85,650 up by 3,23,600 mostly long build up.
  • Advances 720 Declines 459 Unchanged 51
  • Index gainers -PNB, Bankof baroda, Cairn, Jpass, Hindalco....
  • Index losers   -Coal India, NTPC, Tatasteel, Infy, Bhel....
  • 52 week high - Dr Reddy, Hcl tech, Idea, Lupin, Sunpharma, TCS, TechM...
  • 52 week low  - Ashok ley, Gitanjali gems, Mcx india, MMTC, Tatasteel, Torrent power....
  • Banned stock for 16th - July = Nil.
  • Most active stocks by volume -Unitech, Opto circuit, JP ass, Hdil, Rcom...
  • Most active stocks by value - Infy, Sbin, Reliance, Rcom, Icicibank...
 Open interest of nifty
   Put Call Ratio of nifty

Put option =52529750
                 ------------
Call option=30132900

       PCR  =1.74















Market Revenue on 15-07-2013


Market Outlook for 16-07-2013
                 Market moving non-stop towards 6100 mark, nifty almost achieved our target. We could see selling pressure on any time at any where, so be alert. Because FII's again sold hugely in index future & also in cash segment. Still we could not see good volumes from FII's in the past one month. We feel some of FII's are long in our market & some of them in short. So they are also confused, that is why still we could not see good volumes. If we consider with Open interest table, 6000 put added more than 15lak shares in OI. 6000 call also added nearly 4lak shares in OI. 5900 put added nearly 10lak shares in OI. So Mostly 5900 will act strong support now for this serious. We are expecting what ever market may go up, expiry closing will be below 6000 or near to 6000 mark. Still we need to go some days for expiry, so we will wait & watch. 
                    As per our view PSU banks strongly bounced & PSU Bank index went up 2%. Still we are looking more on upside because SBI still not performing as of now.  In next few days SBI will going to rock. Bank nifty also closed well now & one more close above 11773 will bring to 12000 +++ very soon. If banks stocks move in coming days then nifty will possible to see new fresh high in next serious. One more thing is, ADAG group stocks are performing well. So in coming days we could possible to see individual stock movement & index may move on consolidation phase. Metals & realty stocks are not performing in the past 6 months. Still 2-3 months it will do like this only. So mostly avoid these stocks in next 3 months. Nifty will go upside only & selling pressure will come between 6085-6124 zone. Keep these levels for your trading. Put-Call Ratio still above 1.60 & stays now at 1.74. So there is no possible for big fall now.

Trend of the day   
  Highly Volatile positive & negative mixed

Nifty levels
Nifty support     -  
5968-5964, 5940-5948 (major)
Nifty Resistance -   6040-6046, 6079-6085 (major)

Stock Calls
Rel infra            : Buy above 391 sl 386 target 
                            will be 398, 403

Canara bank      :  Buy above 363 sl 356 target 
                            will be 370, 376
Option Call

Albk                  : Buy 95 call buy above 2.10 sl 1.40
                             Target will be 3, 3.7
Delivery Call 

Axis bank          : Buy above 1315 sl 1302 target
                            will be 1325, 1335 ( 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