- Nifty closed at 5727.85 down by 14.15 points
- Nifty future closed at 5762.05 Premium of 34.20 points
- Open interest of the nifty is 1,64,17,850 down by 2,84,600 Mostly long liquidation or profit booking.
- Advances 348 Declines 837 Unchanged 46
- Index gainers -Axisbank, Hdfc bank, Hul, Kotak bank, Power grid....
- Index losers -Dlf, Jpass, Bank of baroda, Ranbaxy, Bpcl....
- 52 week high - Hcl tech, Idea, Tcs,...
- 52 week low - Mostly all bank stocks & most of sectors are in 52 week low....
- Banned stock for 02nd - August = Nil.
- Most active stocks by volume -Unitech, JP ass,JP power, Hdil, Finantech...
- Most active stocks by value -Finantech,Yesbank, Icici,Axis bank, Airtel...
Put option =34759750
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Call option=32081550
PCR =1.08
Market Revenue on 01-08-2013
Market shows huge volatile & this is one type of stop loss hitting market. Small traders please avoid trading for next few days. Some rumors are going on about National spot exchange regarding payments crisis. So this may affect our equity market also. Let us see... Now Market looking for some bottom here. Once it find out the exact level then market will bounce very sharply. Now FII's shows some interest in cash segment. Go short only below 5625 on closing basis or go long above 5948 on closing basis. This trend for short term. Open interest of nifty options ranging between 5700-6000 range. 5700put &6000Call both options holding more that 60lak shares in OI. 5800 put&call both holding equal volume of OI, so selling pressure will come when market crosses 5800 level. If FII's continue their interest in cash then market will get some strength. Otherwise no one can stop the market to fall below 5000 level.
Bank nifty looking to bounce but still PSU banks falling very badly. Some of private sector banks are bounced well. This is just short covering because of over sold position. So any time selling pressure may come there. This is the right time for long term traders for investing in banking stocks. Fresh investors may invest 25% of your money at this stage in banking stocks. Holding time will be 3-5 years. Put-Call ratio is now in stable range, not showing any direction. Traders may go long when nifty break 5948, if nifty break 5948 in this expiry then we can get conclusion, i e market will hit new high very soon. Before 2014 election nifty has to break all time high. Stock market index will say government performance. If market hit all time high then government will treat well in coming election. At the time 2009 election market hits new high & still now it could't break that level. So government performance is NIL.
Trend of the day
High volatile- positive
Nifty levels
Nifty support - 5701-5696, 5663-5658 (major)
Nifty Resistance - 5810-5815, 5847-5853 (major)
Stock Calls
Zeel : Sell below 236 sl 242 target
will be 229---
Siemens : Sell below 480 sl 486 target
will be 473---
Option Call
Relcap : Buy 300 PE above 12 sl 9
Target will be 15+++
Delivery Call
KTK Bank : Buy above 75 sl 73 target
will be 81+++ ( 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
