- Nifty closed at 5886.20 down by 21.30 points
- Nifty future closed at 5925.25 Premium of 36.40 points
- Open interest of the nifty is 1,80,17,050 up by 9,850 Mostly on confused stage.
- Advances 346 Declines 823 Unchanged 62
- Index gainers -Ambuja cement, ITC, Sunpharma, Hero, M&M....
- Index losers -Hindalco, PNB, Sesagoa, Coal india, HUL....
- 52 week high - Biocon, Hcl, Idea, TechM, Zeel...
- 52 week low - Mostly all bank stocks & metal stocks are in 52 week low....
- Banned stock for 26th - July = Nil.
- Most active stocks by volume -Unitech, JP ass,Yes bank, JPpower, HDIL...
- Most active stocks by value -SBIN, Icici, Yesbank, ITC, HUL...
Put option =27692300
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Call option=24446750
PCR =1.13
Market Revenue on 26-07-2013
Market falling very badly due to some bad sentiments in bank stocks, Metal stocks, Real estate stocks. Still nifty is holding just 400 points away for all time high. Still market in confusion stage. Because we seen huge rollover in index future But market falling down more than 200 points from the recent high. If we are right then this is purely operators doing work. They are pushing the option buyers in put option & they write them in high premium. After that they moves the market on upside. Let us see... Now open interest table just building on, If we consider this, bulls are trying to block the bears by sealing 5800 put with open interest of more than 40lak shares. Bear are trying to block bulls by sealing 6000 call with open interest of more that 40lak shares. So market will be in the range of 200 points only. But please keep one thing ie any close below 5853 market will be total weak & above 5968 market will go further up.
Banks are falling non stop, Sbi now facing more selling pressure, even all banking stock falling very very badly. Rbi & Government has to take some necessary action then only we could able to save long term investors. other wise they will lose their faith about our market. Every one saying banks would not perform well in future because of NPA. But please come to understand NPA is an temporary problem. Main issue is Dollar vs rupee. It has to stabilize or fall down below 58. Other wise total economy will affect in future. So first quarter of RBI policy review may give some right solution for this wrong movement. If they not take any action then small investors will affect more. Please do small volumes up to RBI policy. Put-Call ratio looking good for bulls.
Trend of the day
Flat- positive
Nifty levels
Nifty support - 5860-5853 (major)
Nifty Resistance - 5929-5936,5960-5968 (major)
Stock Calls
TCS : Sell below 1765 sl 1786 target
will be 1750---
Biocon : Buy above 325 sl 318 target
will be 331+++
Option Call
Infy : Buy 1850 PE above 51 sl 43
Target will be 60+++
Delivery Call
Rpower : Buy above 79 sl 75 target
will be 86 ( 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
