- Nifty closed at 5476.50 up by 4.75 points
- Nifty future closed at 5467.10 Discount of 9.40 points
- Open interest of the nifty is 2,13,69,950 down by 19,12,350 Due to rollover to next month.
- Advances 691 Declines 495 Unchanged 61
- Index gainers - Sesagoa, Bhel, Jpass, Ranbaxy, Ambuja....
- Index losers - Idfc, Axis, Ongc, Gail, Icici....
- 52 week high - TechM, Hcltech, ...
- 52 week low - Axisbank, Idfc, Bharathi infratel...
- Banned stock for 27th - August = Hdil,
- Most active stocks by volume -Ster, Jpass, Sesagoa, Idfc, Unitech...
- Most active stocks by value - Icici bank, Ster, Axis, Sesagoa, Yesbank
Put option =45465150 ------------
Call option=51208200
PCR =0.88
Market Revenue on 26-08-2013
Whole day market completely in range bound & closed flatly.Still few more days for this expiry so more volatile will be expected.We have strong support at 5440, Once nifty break this level then again market will fall down. But we are looking some surprise rally which will start at the end of this week. Let us wait & watch... As per open interest table, Nifty now blocked between the range of 5300-5600. On downside 5300 put holding more than 80lak shares in OI & giving massive support. We seen huge addition of more than 20lak shares of OI in 5500 put option. So bulls trying hard to close above 5500 in this expiry. But bears would not allow to cross 5600 level because 5600 call holding more than 80lak shares in OI. Dollar Vs Rupee taking more volatile. Now everybody looking rupee at 69 against $. But we analyzed $ Vs ₹ will remains in the range of 63-66 upto our new RBI governor first policy meet.
We already said bank nifty is in danger zone & we suggested to avoid private sector banks. See now private sector banks are bleeding & PSU bank stocks are in consolidation trend. Before new RBI governor policy meet all banking stocks will get bottom out. So we expect after RBI policy meet bank stocks will start move up. Investors may wait up to that. Suppose if RBI governor action would come below market expectation then pure blood bath will start. But we don't thing any negative things. Mostly we expect market will close above 5625 in this month. Put-Call ratio now at 0.88 so still some more short covering will be there. Nifty roll over started in weeks first day. So short covering rally will there in coming days.
Trend of the day
High volatile, if nifty holds 5440 in first half then second half closing will be above 5514.
Nifty levels
Nifty support - 5400-5406, 5440-5444 (major)
Nifty Resistance - 5510-5514, 5547-5552 (major)
Stock Calls
Kotak bank : Sell below 632 sl 640 target
will be 625
Jsw Steel : Buy above 553 sl 540 target
will be 665+
Option Call
Dlf : Buy 135 PE above 4.5 sl 3
Target will be 6.5+++
Delivery Call
Al BK : Buy above 72.50 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
