- Nifty closed at 6029.20 down by 8.85 points
- Nifty future closed at 6042.55 Premium of 13.35 points
- Open interest of the nifty is 1,52,89,350 down by 9,01,500 mostly long liquidation.
- Advances 432 Declines 746 Unchanged47
- Index gainers -TCS, Bajaj auto, Hcl, Gail, Hero motor....
- Index losers -Bhel, Indusind, Axis bank, Sunpharma, Ranbaxy....
- 52 week high - Tcs, TechM, Pidilite, Lupin, ITC, Hcl, etc...
- 52 week low - Asoke, Dish tv, Gitanjali gem, HPCL, LIC, MMTC, Tata steel, Torrent power...
- Banned stock for 22th - July = Nil.
- Most active stocks by volume -Unitech, Ucobank, JP ass, RPower, Rcom...
- Most active stocks by value -TCS, Hul, Infy, Hdfc, Icicibank...
Put option =52185350
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Call option=30223900
PCR =1.73
Market Revenue on 19-07-2013
Market outlook for 22-07-2013Market taking rest for some time above 6000 mark & two weeks continuously closed above 6000. One more close above 6000 on weekly basis, then we easily see new high in next few weeks. But nifty has to close above 6000 mark in this week. We 100% expecting nifty will close above 6000 in this week. If we consider with open interest table, below 6000 call options seen some huge short covering & 6200 call added nearly 15 lak shares in OI, so as per our view bulls trying to hit 6200 mark in next few sessions. On down side 5900 put holding more than 1cr shares in OI. So we confidently say nifty never break 5900 mark in this expiry and also 6000 put holding more than 70lak shares in OI, this will give some short term support. So any dip near to 6000 will be an good chance for go long & keep sl of 5968. Now 6000-6200 call open interests having almost equal volumes. So any short covering in 6000 Call will give more advantage for bulls. Let us see market will react in this week.
Bank nifty still not showing any movement favor for bulls. But we hope banks are almost bottomed out & it having strong support around 10650-10800 with 100Week moving average at 10750 range. Psu bank index also shorted very hugely in the last two months. So expiry short covering will be possible in this week. If any short covering will give more energy to bulls. Last week end, we got good result from reliance & that will reflect in our monday session. In coming week we have some major corporate results like Larsen, Yes bank, Hero motor, Maruti etc... So this week expiry, corp results, Banks short covering & RBI policy expectation will bring the nifty on high volatile in coming week. FII's went long on index future & cash segment. Put-Call ratio also above 1.60 which is most favor for bulls now. Next week go long above 6066 or buy any dip near to 5968 & Keep sl at 5968. Mostly would not break 6000 in this week let us see...
Trend of the day
If first half break 6066 then nifty will be positive on second half otherwise flat.
Nifty levels
Nifty support - 6000-6007, 5960-5968 (major)
Nifty Resistance - 6079-6085, 6124-6133 (major)
Stock Calls
Sun tv : Sell belwow 396 sl 401 target
will be 391
Sunpharma : Sell below 1073 sl 1081 target
will be 1060
Option Call
Sbi : Buy 1850 Call above 18 sl 9
Target will be 30
Delivery Call
Rel infra : Buy above 391 sl 384 target
will be 401 ( 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
