- Nifty closed at 5408.45 down by 105.90 points
- Nifty future closed at 5414.30 Premium of 5.85 points
- Open interest of the nifty is 2,35,45,950 down by 6,85,100 some short covering.
- Advances 715 Declines 456 Unchanged 72
- Index gainers - Ranbaxy, Sesagoa, Tatasteel, Hindalco, Relinfra....
- Index losers - Dlf, Hdfc, Hdfcbank, Axisbank, Acc....
- 52 week high - Nil...
- 52 week low - Lots of stocks hitted 52 week low...
- Banned stock for 23rd - August = Hdil, Finantech
- Most active stocks by volume -Unitech, JP ass, Ster, JPpower, Yesbank...
- Most active stocks by value -Hdfc, Ranbaxy, Icici bank, Yesbank,Sbin...
Put Call Ratio of nifty
Put option =46919750 ------------
Call option=53632150
PCR =0.87
To watch our New software Demo video please click here
Market Revenue on 22-08-2013
Market facing high volatile now. This is one type of sl hitting market. Operators are doing their duty very well as of now. Here small traders only getting very suffering. Dollar Vs Rupee broken 65 mark. Very very danger for all over indian economy. But still government not taking necessary action. We seen huge short covering rally & also expiry movement started. No one can predict this expiry closing due to huge volatile. We already said metals are bottomed out & now almost recovered more than 10%. We gave 100% target for one year.let us wait & watch. We intimated Put-Call ratio is in danger zone. Now it recovering a lot & it stays at 0.87. Still some recovery will be there. Anyway don't try to take any fresh position now because market still not gave any buy signal. Closing above 5514 will be an good buying chance. Upto that selling pressure will be there on every rise.
This short covering purely by open interest of nifty options. Because 5400-5100 put options added more that 50lak shares in OI & 5300 holding more than 80lak shares in OI. Bulls trying to give some base at 5300. But we feel there is no support in this kind of market. Anyway we have to closely watch 5300 mark in next few days. On upside 5500 will give some resistance for bulls & 5500 call option holding more that 70lak shares in OI. 5500 & 5600 call option added more than 30lak shares in OI. So market will be in the range of 5500-5300 for next two days. Bank nifty needs some consolidation otherwise it will fall more from here. we seen huge recovery in all sectors but still bank nifty not showing any buying interest. Small traders please wait for next few days otherwise this volatile will wipe out all your money.
Trend of the day
High volatile flat.
Nifty levels
Nifty support - 5366-5360, 5333-5329 (major)
Nifty Resistance - 5440-5446, 5510-5514 (major)
Stock Calls
Jswsteel : Buy above 548 sl 540 target
will be 560
Hcltech : Buy above 906 sl 897 target
will be 916
Option Call
Bajaj auto : Buy 1800 CE above 34 sl 28
Target will be 41+++
Delivery Call
Bhel : Buy above 108 sl 103 target
will be 114+++ ( short term )
Keep hold all holdings
Please buy our calls only at specified range, don't enter before that.
THANKS & REGARDS 8973655142
NSEBSENOW E-mail-- nsebsenow@Gmail.com
