- Nifty closed at 5285 down by 2.45 points
- Nifty future closed at 5288.95 Premium of 3.95 points
- Open interest of the nifty is 1,77,38,950 down by 21,85,650 Due to huge rollover with fresh long build up to next month.
- Advances 362 Declines 822 Unchanged 59
- Index gainers - Ranbaxy, Cairn, JPass, Tata power, Hcltech....
- Index losers - BPCL, PNB, Ultratech, Ongc, Axisbank....
- 52 week high - Hcltech, Tcs, Infy, Wipro...
- 52 week low - Lots of stocks make new lows...
- Banned stock for 29th - August =Nil
- Most active stocks by volume -GMR infra, Bhel, Jpass, Idfc, Unitech...
- Most active stocks by value - Icici bank, Hdfc, Axis,Infy, Hdfcbank...
Put option =39417050 ------------
Call option=50859000
PCR =0.77
Market Revenue on 28-08-2013
Really lots of small traders wiped out from this market condition. Market open gap down & bears take full advantage in the first 2 hour of trade. Nifty almost went 170 points down. But finally responsible bulls takes the control & close the nifty flatly. We already said that $ Vs ₹ will hit 69. It exactly hit that level & closed near to that. So market is in very fear now. India VIX index gone above 32. We suggested small traders please avoid in this kind of market. Now we are in expiry day, mostly last one hour we could possible to see more volatile. If we consider with open interest table, downside 5200 put option holding more than 70lak shares in OI & giving some support for bulls. On upside 5400 holding nearly 60lak shares in OI & giving some resistance for bulls. In between these levels bears will play. This is one type of sl hitting market, so book your profit where ever you feel good. Open interest table is in confusion stage, anyway nifty has to close around 5300 mark. Let us see where it going to close.
We already suggested all investors to avoid private sector banks. Now every private sector banks are bleeding. Last three month Bank nifty fallen 5000 points. Please try to understand, mostly all banking stocks were listed in stock market by last 20 years range only. So 20 years earnings, bookvalue, balance sheet, asset everything wiped out in three month. IF no one would not take necessary action means then what purpose SEBI, Government, Ministry of corporate affairs & RBI. So every body not realize their responsibilities. What we are expecting is how they fix daily price band for each stock. Just like that they have to fix fundamental base price for stocks for one year or yearly band. After 31st march they would change their yearly price band. This kind of action will give relief for investors in all the way. Put-Call ratio is in danger zone but we are in last day session so don't worry about that.
Trend of the day
High volatile, Mostly nifty will try to close green.
Nifty levels
Nifty support - 5220-5225, 5177-5183 (major)
Nifty Resistance - 5329-5333, 5366-5370 (major)
Stock Calls
Axis bank : Buy above 841 sl 829 target
will be 854
Jsw Steel : Buy above 541 sl 529 target
will be 553+
Option Call
Nifty : Buy 5300 CE above 34 sl 18
Target will be 57+++
Delivery Call
Sail : Buy above 48 sl 45 target
will be 52+++ ( 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
