- Nifty closed at 5973.30 up by 18.05 points
- Nifty future closed at 5970.85 Discount of 2.45 points
- Open interest of the nifty is 1,64,62,700 down by 1,10,200 mostly long liquidation.
- Advances 457 Declines 722 Unchanged 57
- Index gainers -HUL, Asian paints, Ambuja, Ntpc, ITC....
- Index losers -Tatasteel, Bank of baroda, Axis bank, M&M, Ranbaxy....
- 52 week high - Dabur, Eicher, Hcl tech, havells, Idea, HUL, ITC, Lupin,Rcom, TCS...
- 52 week low - Mostly lots of banks are in 52 week low....
- Banned stock for 18th - July = Nil.
- Most active stocks by volume -Unitech, Opto circuit, JP ass, RPower, Hdil...
- Most active stocks by value - Hul, Yes bank, Reliance, Hdfc, Icicibank...
Put option =50127250
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Call option=31429200
PCR =1.60
Market Revenue on 17-07-2013
Market moved very well & shows very huge volatile. finally closed near to open price with marginal gain. Nowadays we seen gap up or down opening for many times in the past one month due to SGX nifty operators. What ever they operate our technicals never get failed. Now we have huge support at 5891-5910. so any dip near to this zone will be a good chance to buy. If we consider with open interest,6000 call added nearly 6lak shares & holding nearly 71lak shares in OI. If nifty need to go up means then 6000 call open interest has to come down. Other wise selling pressure will come on every rise. Suppose if nifty close above 6046 then fresh buying will come. On downside 5800 put holding still mass quantity of 95lak shares in OI. 5900 put also holding nearly 75lak shares in OI & it will also shows some support for bulls.
Bank nifty again fallen very hardly & PSU bank index also broke our major support of 2551 & closed below that. bank nifty broken psychological level of 11000 mark & having short term support will be at 10600 range. As per weekly chart PSU Bank index in oversold position so we strongly suggest investors go long on any bank stocks with max target of 10-15% for next few months. Majorly pharma, IT, Telecom, FMCG sectors rallied very too long. So investors please avoid these stocks in coming days. Put-Call ratio now stay at 1.60 & giving strong support for bulls. If banks shows some short covering then nifty may rally upto 6200 level before this expiry. Also in next one month we are looking to see corporate firms results that might be an big trigger for market. let us see how results will come & how market will react?
Trend of the day
Highly volatile Positive
Nifty levels
Nifty support - 5968-5960, 5924-5929 (major)
Nifty Resistance - 5999-6007, 6040-6046 (major)
Stock Calls
Acc : Buy above 1279 sl 1271 target
will be 1290, 1298
HDFC : Sell below 813 sl 820 target
will be 805, 797
Option Call
Hero motor : Buy 1650 Put buy around 19-21 sl 14
Target will be 27, 34
Delivery Call
Lic : Buy above 215 sl 208 target
will be 221, 225 ( 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
