- Nifty closed at 5612.40 up by 46.75 points
- Nifty future closed at 5621.75 Premium of 9.35 points
- Open interest of the nifty is 1,46,33,850 down by 12,01,100 Mostly huge short covering.
- Advances 854 Declines 342 Unchanged 45
- Index gainers -Jindalsteel, Tata steel, Sunpharma, NMDC, Heromotor....
- Index losers -Sbin, tata power, Reliance, Indus bank, PNB ....
- 52 week high - Biocon, Britannia, TechM...
- 52 week low -Cadila, Federal bank, Mcxindia, Oriental, SBIN, Syndicate bank, Union bank
- Banned stock for 13th - August = Hdil, Finantech
- Most active stocks by volume -Unitech, JP ass,Tatasteel, ITC, Yesbank...
- Most active stocks by value -Sbin, Hdfc, Icici bank, ITC, Yesbank...
Put option =41375500
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Call option=41933050
PCR =0.98
Market Revenue on 12-08-2013
As per our view market bouncing from lower level but still selling pressure is there. Although bulls handles very well to mange this short cover. Broader market also looking good. After a long time we seen Both FII's & Dii's are net buyers in cash segment. FII's went long on some of stock futures. Bears tried to push down but responsible bulls take over the market to his control finally closed above 5600 market. If we consider with open interest table, Below 5600 put options added more that 15lak shares in OI & we seen some short covering in 5600&5700 call options. On down side 5400 build strong base for this expiry & it holding more than 70lak shares in OI. On upside 6000 call still holding more than 60lak shares in OI. & below that 5800 call holding nearly 60lak shares. So 5500-5800 will be the range for market for next few days. This is just short covering only not bull rally. So long term investors please wait for some time.
Banks nifty we seen very huge volatile because of SBI result. Sbin announced very poor result. But due to oversold condition of Sbin, it managed to hold with 4% loss. Without bank nifty support nifty pushing up by other sectors. Now no one understand what is going in banking stocks?? Will it recover or not?? all are big question mark. Other than banking sectors, all sectors are in green. Be hope Our new RBI governor will take over the bank nifty upside. Because lot of expectation are going on with our New RBI governor. In next Q2 RBI policy we could possible to see rate cut. Bank nifty still in danger zone only. Put-Call Ratio seems to be moving towards bulls side. This week market will try to break 5739 mark. Keep sl of 5551 this is our weekly pivot.
Trend of the day
If first half break 5644 then closing will be green.
Nifty levels
Nifty support - 5551-5546, 5477-5473 (major)
Nifty Resistance - 5644-5650, 5677-5683 (major)
Stock Calls
Yesbank : Buy above 303 sl 296 target
will be 311+++
Relcap : Buy above 338 sl 333 target
will be 343+++
Option Call
Nifty : Buy 5700 CE above 61 sl 52
Target will be 73+++
Delivery Call
All bank : Buy above 72 sl 69 target
will be 77+++ ( 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
