Nifty out Look & FII Derivative Data – 12 October’2012

The Bse Index Shuts at 18805 up 174 points from its Previous Close or +0.93%. The Nse Index Shuts at 5709 up 56 Points from its Previous Close or +0.99%.

Infy Results before Market Opening & Hdfc after Market Hours & IIP data at 11.00 A.M

  • Seeing as tomorrow is a significant day with the start of the Results Season getting kicked off by the bell weather Infy it is likely to garner a lot of interest and significance since this result is likely to define the performance of the Corporate Sector for the Q2 of 12-13 which has largely been bearish when compared with the last year due to the higher interest costs and slackening Economic Growth.
  • The charts are indicating that the Markets are likely to remain volatile during the current Results seasons with the Indices facing severe resistance at the higher side which is 5730-5770 and it attains significance since these mentioned levels have not been breached during the last few sessions and the Indices dropped on account of profit booking to the 5650-5500 levels as well.

FII Derivative Data:

  • FII sold 1727 Contracts of Index Future, worth 125.81 cores with net OI increasing by 39437 contracts.
  • Nifty Future was up up by 66 points and Open Interest in Index Futures increased by 39437,so  FII have created fresh longs   in Nifty and Bank Nifty Futures.
  • Nifty Spot closed at 5708 after making a low of 5637 and not breaking our Sell area of 5632 as given yesterday we got a 66 points rally today.  Nifty daily chart is forming a Head and Shoulder pattern we are in process of forming a Right Shoulder now so if 5815 is not breached and 5630 gets broken in coming week lower levels are quiet possible.
  • Resistance for Nifty has come up to 5728 and 5752 which needs to be watched closely ,Support now exists at 5688 and 56661 .Trend is Buy on Dips  till 5688 is not broken on closing basis.
  • Nifty Future October Open Interest is at 2.53 cores with unwinding of 2.3 Lakh in OI,shorts did profit booking in Nifty future .
  • Future & Option turnover was at 1.38 lakh Cores with total contract traded at 2.50 lakh,  PCR at 0.96 and VIX  at 16.49.Volumes have been on decline from past 3 days which is a silver lining for bulls as traders are not unwinding positions and dips can be used to make a base for sustainable rally. Discussion became reality today
  • 5800 Call is having highest Open Interest of 83 lakhs with fresh addition of 6.2 lakhs in OI and Premium at 42.5900 CE Open Interest at 83 with net addition of 5.74 lakhs in OI so speculative or smart money is buying 5900 Call at premium of rs 16, and 5700 Call also unwounded 5.2 lakh in OI as bulls captured 5700 again .5400-6100 CE unwounded 2.2 lakhs in Open Interest.
  • 5600 Put is having highest Open Interest of 70 lakhs with addition of  6.39 lakhs in OI and premium at 23,5700 PE showed added of 3.7 lakhs .5400-6100 Put  unwounded  2.4 lakhs in Open Interest. So it seems rally is on back of short covering only.
  • FII bought 1043.41 cores and DII sold 573.72 cores in cash segment, INR closed at at 52.75. FII sold 311 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5695 (For Intraday Traders), Trend Changer at 5738 (For Positional Traders)
  • 5 DMA at 5698
  • 20 DMA at 5649
  • 50 DMA at 5448
  • 200 DMA at 5218
  • 5 Days Relative Strengthen Index at 54 and 14 Days Relative Strengthen Index at 61 Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5711 and above the level marks the track point at 5755 later zipper levels at 5777 marks.

Nifty Support at It has the First support close to the level 5688 and below the level marks the track point at 5666 later zipper levels at 5644 marks.

Nifty Future Momentum Call for 12 Oct’2012:

Buy above 5755 sl 5733 Tgt 5775-5800 {Or} Sell Below 5711 sl 5733 Tgt 5688-5666

Bank Nifty Future Momentum Call for 12 Oct’2012:

Buy Above 11600 sl 11555 Tgt 11640-11690 {Or} Sell Nifty Future Below 11510 sl 11555 Tgt 11470-11420

Nifty Day Chart & FII Activity – Nifty Future, Nifty Spot, F&O Tips for 11 October 2012

The Bse Index Shuts at 18632 down 163 points from its Previous Close or -0.86%. The Nse Index Shuts at 5653 down 53 Points from its Previous Close or -0.92%.

  • Scheduled end of the day chart Nifty closes below weekly average and heading towards monthly average of 5580. On daily chart rsi-macd-cci all given sell signals. Nifty below 5580 next term short support at 5415.

FII Derivative Data:

  • FII sold 34232 Contracts of Index Future, worth 1012.37 cores with net OI decreasing by 20284 contracts.
  • Nifty Future was down by 51 points and Open Interest in Index Futures decreased by 20284,so FII have booked profits in shorts  in Nifty and Bank Nifty Futures. Fresh longs have not been created as nifty is moving in sideways zone after big rally from 5200-5800.
  • Nifty Spot closed at 5653 after making a low of 5648 and filling the gap from 5650-5683, The correction which is ongoing is 4 days old and looking at past 2 correction of 316 points (5349-5033) which took 13 days and 233 points (5449-5216) which took 10 days, current ongoing correction has done 167 points in 4 days so if 5630 does not hold on closing basis we can expect correction to continue with brief pullback rallies.
  • Gap filling of 5650-5683 has started and gap of 5650 did not got filled today, but should be filled in this week as per gap theory. This is what we discussed yesterday and Nifty filled the gap today.
  • Resistance for Nifty has come up to 5685 and 5700 which needs to be watched closely ,Support now exists at 5620 and 5600 .Trend is Sell on Rise till 5684 is not broken on closing basis.
  • Nifty Future October Open Interest is at 2.56 cores with unwinding of 6.9 Lakh in OI, shorts did profit booking in Nifty future.
  • F&O turnover was at 1.17 lakh Cores with total contract traded at 2.22 lakh, PCR at 0.94 and VIX at 16.83, VIX is also trading at its lower end of range and a up move till 18.5-19 is on cards. Volumes have been on decline from past 3 days which is a silver lining for bulls as traders are not unwinding positions and dips can be used to make a base for sustainable rally.
  • Nifty 5800 CALL is having highest Open Interest of 76 lakhs with fresh addition of 3.6 lakhs in OI and Premium at 25.5900 Call Open Interest at 77 with net addition of 8 lakhs in OI so speculative or smart money is buying 5900 Call at premium of rs 10, and 5700 Call also added huge 13 lakh in OI so bears are trying to make ceiling of market at 5700 for short term .5400-6100 Call added huge 32 lakhs in Open Interest.
  • Nifty 5500 PUT is having highest Open Interest of 65 lakhs with addition of  5.17 lakhs in OI and premium at 18,5700 Put showed an unwinding of 4 lakhs and 5600 PE saw a marginal unwinding of 0.35 lajhs.5400-6100 Put  added 5 lakhs in Open Interest.
  • FII bought 407.6 cores and DII sold 396 cores in cash segment, INR closed at at 53.06. FII sold 424 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5680 (For Intraday Traders), Trend Changer at 5742.
  • 5 DMA at 5729
  • 20 DMA at 5633
  • 50 DMA at 5436
  • 200 DMA at 5214
  • 5 Days Relative Strengthen Index at 39 and 14 Days Relative Strengthen Index at 57 Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5666 and above the level marks the track point at 5688 later zipper levels at 5711 marks.

Nifty Support at It has the First support close to the level 5644 and below the level marks the track point at 5622 later zipper levels at 5600 marks.

Nifty Future Momentum Call for 11 Oct’2012:

Buy above 5688 sl 5666 Tgt 5711-5733 {Or} Sell Below 5666 sl 5688 Tgt 5644-5622

Bank Nifty Future Momentum Call for 11 Oct’2012:

Buy Above 11380 sl 11333 Tgt 11422-11466 {Or} Sell Below 11330 sl 11380 Tgt 11288-11244

Nifty Stock Index & FII Derivative Market Data – 03 October’2012

The Bse Index Shuts at 18,824 up 62 points from its Previous Close or +0.33%. The Nse Index Shuts at 5719 up +16 Points from its Previous Close or +0.27%.

  • Top Nse Gainers were: JPASSOSIAT, AMBUJACEM, RELINFRA and INFY.
  • Top Nse Losers Were: DLF, BANKBARODA, BAJAJ-AUTO and PNB.

FII Derivative Data:

  • FII bought 3255 Contracts of Index Future, worth 94 cores with net OI increasing by 6544 contracts. SGX Nifty is trading at 5791 so another gap up on cards.
  • Nifty Future was up by 25 points and Open Interest in Index Futures increased by 6544,so  FII have initiated longs  in  Index Future longs in Nifty and Bank Nifty Futures.
  • Nifty Spot closed at 5719 after making a high of 5722 and unable to break 5740, Bulls are in control of market as they have closed nifty above 5700 on closing basis. Nifty has formed a double bottom at 5640 and it’s a bullish pattern, and we have seen a follow up action in past two trading session.
  • Resistance for Nifty has come up to 5740 and 5775 which needs to be watched closely ,Support now exists at 5700 and 5683 .Trend is Buy on Dips till 5636 is not broken on closing basis.
  • Nifty Future October Open Interest is at 2.42 cores with a addition of 6 Lakh in OI, longs got added in Nifty future. Rollovers range for NF comes at 5732-5670 and we have closed above the rollover range.
  • Overall F&O turnover was at 0.67 lakh Cores with total contract traded at new 52 week low of 1.2 lakh. PCR at 0.92 and VIX  at 16.34
  • Nifty 6000 CE  is having highest Open Interest of 52 lakhs with fresh addition of 6.4 lakhs in OI.5800 CE Open Interest at 49 is second highest  lakhs, with fresh addition of 7.2 lakhs. Nifty 5300-6000 CE added just 16.4 lakhs in Open Interest.
  • Nifty 5300 PE is having highest Open Interest of 50 lakhs with fresh addition of 0.83 lakhs in OI, Bulls want to make  5300 as base for October Series.5600 PE added 6.6 lakhs in OI so 5600 is the strong base emerging as per OI table. We need to watch closely the Open Interest in 5700 PE tomorrow opening  as of now OI is at 40 lakhs and if we can see an addition of 10-15 lakhs tomorrow we must be heading upwards , 5300-6000 PE added 21 lakhs in Open Interest.
  • FII bought 207.51 cores and DII sold 407.20 cores in cash segment, INR closed at at 53.7 FII sold 299 crores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5741(For Intraday Traders), Trend Changer at 5725 Nifty Future (For Positional Traders)
  • 5 DMA at 5682
  • 20 DMA at 5503
  • 50 DMA at 5367
  • 200 DMA at 5182
  • 5 Days Relative Strengthen Index at 78 and 14 Days Relative Strengthen Index at 73. Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5733 and above the level marks the track point at 5755 later zipper levels at 5799 marks.

Support at It has the first support close to the level of 5688 and below this level mark next support is seen at 5666 later dipping levels near 5644 marks.

Nifty Future Momentum Call for 03 Oct’2012:

Buy above 5777 sl 5755 Tgt 5799-5822 {Or} Sell Below 5733 sl 5755 Tgt 5711-5688

Bank Nifty Future Momentum Call for 03 Oct’2012:

Buy above 11555 sl 11511 Tgt 11600-11644 {Or} Sell below 11466 sl 11511 Tgt 11422-11377.

Stock Market Outlook for 26 September’2012 – Nifty, FII Derivative Data

The BSE Index Shuts at 18,695 up 21 points from its Previous Close or +0.11%. The NSE Index Shuts at 5674 up +5 Points from its Previous Close or +0.08%.

  • Top Nse India Gainers were: Kotak Bank, Bhel, Hindunilvr and Cipla.
  • Top Nse India Losers Were: Jindal Steel, Cairn, Jp Ass and Ster.

FII Derivative Data:

  • FII bought 21938 Contracts of Index Future, worth 644.96 cores  with net OI increasing by Huge 96896 contracts.
  • Nifty Future was up by 1 points and Open Interest in Index Futures increased by 96896, FII created fresh longs Index Future longs in Nifty and Bank Nifty Futures. Also do note FII are basically doing lot of day trading in Index futures and rolling over their positions to next series.
  • Nifty Spot closed at 5674 after making a high of 5703 and unable to break 5720 for 2 day, Bulls are in control of market as they have defended 5648 as Nifty Spot made low of 5652 and bounced back. After big rise on Friday we had another session of consolidation today.
  • Resistance for Nifty has come up to 5700 and 5720 which needs to be watched closely ,Support now exists at 5648 and 5618 .Trend is Buy on Dips till 5570 is not broken on closing basis.
  • Nifty  Future September  Open Interest is at 1.92 cores with a unwinding  of 23 Lakh in OI, and all 23 lakhs got rollover to October Series. Rollovers have started in Nifty Futures with addition of 46 lakhs in October series. Fresh longs are created in October series.
  • Total F&O turnover was 1.91 lakh Cores with total contract traded at 2.90 lakh. PCR at 0.99 and VIX tanked 10% at 17.11.
  • 5800 CE is having highest Open Interest of 89 lakhs with fresh addition of 13 lakhs in OI.5700 CE Open Interest at 68 is second highest  lakhs, with unwinding of 2 lakhs. Immediate support is at 5648 as 5600 CE sheded another 4 lakhs as per Open Interest table.  5300-5900 CE unwounded just 0.18 lakhs in Open Interest.
  • 5600 PE unwounded 1.6 lakh in Open Interest total OI at 77 Lakhs,Bulls want to make  5600 as base for September Series.5700 PE added 4 lakhs in OI so we should see some good move ie. Break below 5648 or break above 5720 tomorrow. 5300-5900 PE unwounded 21 lakhs in Open Interest as major unwinding coming from 5500 PE. FII are booking profits in Puts written by them.FII  bought 5845 cores do note it includes the Bulk deal in Bayer Corp science and Cairn India  and DII  sold 1374 cores in cash segment, INR closed at 4 months high at 53.36 . FII sold 610 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5452, Trend Changer at 5677 Nifty. (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5638
  • 20 DMA at 5426
  • 50 DMA at 5329
  • 200 DMA at 5165
  • 5 Days Relative Strengthen Index at 76 and 14 Days Relative Strengthen Index at 72. Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5688 and above the level marks the track point at 5733 later zipper levels at 5755 marks.

Support at It has the first support close to the level of 5666 and below this level mark next support is seen at 5644 later dipping levels near 5622 marks.

Nifty Future Momentum Call for 26 Sep’2012:

Buy above 5711 sl 5688 Tgt 5733-5755 {Or} Sell Below 5666 sl 5688 Tgt 5644-5622.

Bank Nifty Future Momentum Call for 26 Sep’2012:

Buy above 11511 sl 11466 Tgt 11555-11600 {Or} Sell below 11422 sl 11646 Tgt 11377-11333.

Nifty out Look & FII Derivative Data – 21 September’2012

The Bse Index Shuts at 18,350 down – 147 Points from its Previous Close or -0.79%. The Nse Index Shuts at 5555 down by -46 Points from its Previous Close or -0.82%.

  • Top Nse India Gainers were: M&M Fin Services, Hind Petrol, Sjvn Ltd and Indian Bulls Real Estate.
  • Top Nse India Losers Were: Ttk Prestige, Gmr Infra, Lanco Infra and Jay Prakash Power.
  • Technical correction is in place giving the breathing space to indicator and cooling off the steam of stocks. Consolidation before the next rally will help market to break the swing high of 5652 and March towards 5740. Expiry is just 5 days ahead.

FII Derivative Data:

  • FII sold 5957 Contracts of Index Future, worth 102.69 cores  with net OI decreasing by 33817 contracts.
  • As Nifty Future was down by 41 points and Open Interest in Index Futures decreased by 33817, FII have done profit booking in shorts which they created on Tuesday and coupled with profit booking in longs in Nifty and Bank Nifty Future.
  • Nifty Spot closed at 5554.25, after opening gap down making low of 5537 near our support of 5527 as mentioned, rest of day was consolidating in the range of 5581-5550.As we have said before Consolidation will be name of game for few days and same is happening in market We also have a small gap from 5581-5600 which will be filled eventually.
  • Resistance for Nifty has come up to 5581 and 5602 which needs to be watched closely ,Support now exists at 5537 and 5520 .Trend is Buy on Dips till 5485 is not broken on closing basis.
  • Nifty Future September Open Interest is at 2.18 cores with a fresh addition of 2.4 Lakh in OI, shorts addition is seen in Nifty future.
  • Total F&O turnover was 1.26 lakh Cores with total contract traded at 1.93 lakh. PCR at 1.17 and VIX jumped to 18.62.
  • 5700 CE  is having highest Open Interest of 73 lakhs with addition of 2.5 lakhs in OI Calls were written at 5700 as premium came down from 21 to 10 in single session. .5600 CE Open Interest at 69 lakhs, with addition of 6.3 lakhs. Immediate resistance is at 5600 as per Open Interest table. 5200-5800 CE added 2.4 lakhs in Open Interest, Bears gaining some strength at higher levels.FII Options OI saw an reduction of 4.3 lakhs means big move is round the corner.
  • 5500 PE added 3.9 lakh in Open Interest total OI at 75 Lakhs, Bulls want to make  5500 as base for September Series.5600 PE saw an unwinding of 5.4 lakhs in Open Interest ,so puts written by bulls ran for cover today. 5200-5800 PE unwounded 8.8 lakhs in Open Interest bulls getting jittery at higher levels. Any close below 5554 on Nifty Spot will favor bears in extreme short term (This is what we discussed yesterday and todays close 5554.75
  • FII sold 73 cores and DII sold 331 cores in cash segment, INR closed at 54.38. FII sold 428 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5542, Trend Changer at 5405 Nifty. (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5555
  • 20 DMA at 5382
  • 50 DMA at 5306
  • 200 DMA at 5156
  • 5 Days Relative Strengthen Index at 68 and 14 Days Relative Strengthen Index at 67. Indicates Nifty placed in BULLISH Zone.

Nifty Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5577 and above the level marks the track point at 5600 later zipper levels at 5622 marks.

Support at It has the first support close to the level of 5533 and below this level mark next support is seen at 5511 later dipping levels near 5488 marks.

Nifty Future Momentum Call for 21 Sep’2012:

Buy above 5577 sl 5555 Tgt 5600-5622 {Or} Sell Below 5333 sl 5555 Tgt 5511-5488.

Bank Nifty Momentum Call for 21 Sep’2012:

Buy above 10977 sl 10933 Tgt 11066-11115 {Or} Sell below 10888 sl 110933 Tgt 10844-10800.

Nifty Outlook & FII Derivative Data – 04 September’2012

  • The Bse Index put up the lid at 17384 down 45 points or -0.26% and Nifty Shut Stop at 5254, down 5 points or -0.09% from the previous close. CNX Midcap index was up 0.1% and BSE Small cap index was gained 0.2% in Yesterday’s Trade. The market breadth was positive with advances at 780 against declines of 635 on the NSE.
  • The stock markets closed with moderate declines today with realty being the most awful performer.
  • PMI data Purchasing Manufacturing Index was released for European countries and India Summing the data Indicates 80% Of the World Is Now in Contraction. Chinese stock market last week made 3 year low, we always say stock market discounts news well in advance and on Sunday we got the news Chinese PMI contracted first time in 9 months. Never fight the market and flow with the trend is the general hypothesis which has been proven correct before, today and in future also.
  • Top Nse India Gainers were: Ranbaxy, Coal India,Baja-Auto and Maruti.
  • Top Nse India Lossers Were: Sail, Tata Poer, Jindal Steel and Idfc.

FII Derivative Data:

  • FII sold 6935 Contracts of Index Future, worth 190 cores with net OI decreasing by 6289 contracts.
  • As Nifty Future was down by 8 points and OI has decreased by 6289,so profit booking happened on longs carried by FII in August Series. So FII have been reducing the long exposure in Index future and shorting stock futures.
  • Nifty Spot closed at 5254 after making the higher low of 5243, but bulls were disappointed as Nifty closed below crucial level of 5260. Only we have been advocating Nifty is in Sell on Rise mode which proved again today as Nifty used the weekend development on GAAR issue to open up but selling resumed at higher levels and closed near the lows of the day.
  • Resistance for Nifty has come up to 5295 and 5315 which needs to be watched closely ,Support now exists at 5238 and 5220 .Trend is Sell on Rise till 5335 is not broken on closing basis.
  • Nifty September OI is at 1.97 cores with an addition of 1.47 Lakh in OI, So shorts have started entering the system. Rollover range for September Series comes at 5400-5290. We have closed below 5290 today so we can see follow up action tomorrow bears pressing more on downside.
  • Total F&O turnover was highest ever to 0.76 lakh Cores with total contract traded at 1.92 lakh. Cash volumes were dismissal today.
  • 5400 CE is having highest OI of 57 lakhs with an addition of 9.5 lakhs in OI. 4900-5600 CE added 29 lakhs in OI.
  • 5200 PE added 4.8 lakh in OI and having the highest  OI at 63 lakhs so 5200 is firm base at the starting of September series,4900 PE added 10 lakh in OI and FII were net buyers of 1117 cores in Index Options, so smart money is Buying 4900 PE.4900-5600 PE added 29 lakhs in OI.
  • FII  sold 54 cores and DII  sold 160 cores in cash segment, Both FII and DII were sellers in cash segment second day in a row.INR closed at 55.52 . FII were again sellers of 254 cores in Stock futures.
  • Nifty Futures Trend Deciding level is at 5239, Trend Changer at 5303 Nifty. (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5290
  • 20 DMA at 5335
  • 50 DMA at 5260
  • 200 DMA at 51210
  • 5 Days Relative Strengthen Index at 24 and 14 Days Relative Strengthen Index at 44. Indicates Nifty placed in BEARISH Zone.

Nifty Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5266 and above the level marks the track point at 5288 later zipper levels at 5311 marks.

Support at It has the first support close to the level of 5244 and below this level mark next support is seen at 5222 later dipping levels near 5200 marks.

Nifty Future Momentum Call for 04 Sep’2012:

Nifty Future Call – Buy above 5288 sl 5266 Tgt 5311-5333 {Or} Sell Below 5266 sl 5266 Tgt 5244-5222.

Market Outlook – Nifty Outlook & FII Derivative Data for 31 August’2012

As per market outlook, the BSE Index put up the lid at 17542 up 51 points or +0.29% and Nifty Shut Stop at 5315 up 27 points or +0.52% from the previous close. CNX Midcap index was up 0.4% and BSE Small cap index was gained 0.3% in Yesterday’s Trade. The market breadth was positive with advances at 716 against declines of 706 on the NSE.

The market traded volatile in yesterday’s ttrade and closed with moderate gains.

Top Nse India Gainers were: Dlf, Idfc, Hindalco and Jp Assosiate.

Top Nse India Lossers Were: Tata Steel, Gail, Jindal Steel and Bpcl.

FII Derivative Data:


  • FII sold 2041 Contracts of Index Future, worth 6 cores with net OI decreasing by 19355 contracts.
  • Since Nifty Future was down by 50 points and OI has decreased by 19355, FII have booked profit in longs, as the total OI is down by 19K and sell figure is just 6 cores meaning they sold longs and have shorted partially.
  • Nifty Spot closed at 5288 after making the low of 5283, Bulls were under pressure from morning as they 5325 got broken on Nifty. Ahead of expiry breaking of 5300 is a danger for bulls as expiry pressure can bring a swift fall and gap filling till 5216 can take place.
  • Resistance for Nifty has come up to 5309 and 5329 which needs to be watched closely ,Support now exists at 5266 and 5243 .Trend is Sell on Rise till 5329 is not broken on closing basis.
  • Nifty August OI is at 1.6 cores with an unwinding  of 41 Lakh in OI, but the same got roll overed to September Series. September Series OI is at 1.53 lakhs so 36 lakhs  got roll overed Longs are getting roll overed to next series.
  • Whole F&O turnover was 1.70 lakh Cores with total contract traded at 2.53 lakh, Breadth was terrible and stocks were falling like nine pins.
  • 5300 CE also saw an addition of 14.6 lakhs with total OI now standing at 49 lakhs. 5300 CE has premium of Rs 15 and Call writers have added 14.6 lakhs OI, so 5300 will be immediate resistance for market tomorrow.
  • 5300 PE sheded 19 lakh in OI and having the OI at 76 lakhs put writers ran for cover as Nifty broke and closed below 5300.5200 PE is next support at per Option table as we have gap from 5266-5219 so do not be surprised if we see 5219 tomorrow. As of now 5200 is strong base from market. FII have sold 771 cores in Options suggesting selling in Put options they were holding as hedge, Are we near reversal?
  • FII bought 143 cores and DII sold239 cores in cash segment. INR closed at 55.67. FII were again sellers of 579 cores in Stock futures.
  • Nifty Futures Trend Deciding level is @ 5299, Trend Changer is @ 5327,  Nifty were consolidating near 5327-5332 range before falling and we got early indication of fall as we traded 2 hours below 5327. For tomorrow this level will be tough resistance to crack. (Beyond this Level Bulls will rule Nifty/Beneath this levels Bears have upper hand).
  • 5 DMA at 5335
  • 20 DMA at 5333
  • 50 DMA at 5256
  • 200 DMA at 5120
  • 5 Days Relative Strengthen Index at 38 and 14 Days Relative Strengthen Index at 41. Indicates Nifty placed in BEARISH Zone.

Nifty Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5333 and above the level marks the track point at 5355 later zipper levels at 5400 marks.

Support at It has the first support close to the level of 5288 and below this level mark next support is seen at 5266 later dipping levels near 5244 marks.

Nifty Future Momentum Call for 30 Aug’2012:

Nifty Future Buy above 5333 sl 5311 Tgt 5355-5400 {Or} Nifty Future Sell Below 5288 sl 5311 Tgt 5266-5244.

Nifty out Look, FII Derivative Data, Nifty Future Momentum Call – 29 August’2012

The Bse Index put down the lid at 17632 down 47 points or -0.27% and Nifty Shut Stop at 5335 down 15 points or -0.29% from the previous close. CNX Midcap index was down 1% and BSE Small cap index was down 1.4% in Yesterday’s Trade. The market breadth was negative with advances at 335 against declines of 1096 on the NSE.

The markets closed with moderate declines today with metal taking a severe beating.

Top Nse India Gainers were: Power Grid, Tcs, Asian Paints and Dr. Reddy.

Top Nse India Lossers Were: Ster, Jindal Steel, Jp  Assosiates and Hindalco.

FII Derivative Data:

  • FII bought 15439 Contracts of Index Future, worth 433 cores with net OI increasing by huge 69021 contracts.
  • As Nifty Future was down by 16 points and OI has increased by 69021, FII have created fresh longs in index futures ahead of expiry. FII buying is quiet visible even though mid caps and small cap Index were down by 1.1.5% NF was down by just 16 points.
  • Nifty Spot closed at 5335 after making the low of 5313; Bulls were under pressure from morning as they 5341 got broken on Nifty. Bears were unable to break the crucial support of 5313 which also is the low for today, shows next 2 days Bulls can be on roar if 5300 is not broken tomorrow.
  • Resistance for Nifty has come up to 5361 and 5392 which needs to be watched closely ,Support now exists at 5313 and 5294 .Trend is still buy on Dips till 5325 is not broken on closing basis.
  • Nifty August OI is at 2.0 cores with an unwinding of 32 Lakh in OI, but the same got rollover to September Series. September Series OI is at 1.16 lakhs so 32 lakhs got rollover and 24 lakh extra addition in OI. Longs are getting rollover to next series.
  • Total F&O turnover was 1.73 lakh Cores with total contract traded at 2.66 lakh, Volumes were quiet high today looking at brutal fall we have seen in mid caps stocks Adani, JIndals.
  • 5300 CE also saw an addition of 5 lakhs with total OI now standing at 34 lakhs. 5400 CE saw an addition of 18 lakhs and total OI stands at 85 lakhs so 5400 CE writers are assuming Nifty will expire below 5400 and they can eat the whole premium, 5400 is immediate ceiling for the market.
  • 5300 PE sheded 12 lakh in OI and having the OI at 95 lakhs which suggests traders are getting little jittery that 5300 will not break in August Expiry.5400 PE unwounded 13 Lakh in OI. So as NF closed below 5400 third day running,  and Put writers got jittery as Nifty came near 5313. 5300 seems a strong base and 5400 strong resistance for next 2 days.FII net sold 877 cores in Options suggesting profit booking in Put option as they saw a huge unwinding of 25 lakhs basically in 5300 and 5400 PE.
  • FII bought 93 cores and DII sold 314 cores in cash segment.INR closed at 55.6. FII were again sellers of 551 cores in Stock futures.
  • Nifty Futures Trend Deciding level is 5328, Trend Changer at 5327 NF (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5380
  • 20 DMA at 5325
  • 50 DMA at 5247
  • 200 DMA at 5118.
  • 5 Days Relative Strengthen Index at 434 and 14 Days Relative Strengthen Index at 54. Indicates Nifty placed in NEUTRAL Zone.

Nifty Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5355 and above the level marks the track point at 5400 later zipper levels at 5444 marks.

Support at It has the first support close to the level of 5311 and below this level mark next support is seen at 5288 later dipping levels near 5266 marks.

Nifty Future Momentum Call for 29 Aug’2012:

Nifty Future Buy above 5355 sl 5333 Tgt 5400-5444{Or} Nifty Future Sell Below 5311 sl 5333 Tgt 5288-5266.

Nifty Outlook & FII Derivative Data – 28 August’2012

The Bse Index put down the lid at 17679 down 104 points or -0.59% and Nifty Shut Stop at 5350 down 36 points or -0.68% from the previous close. CNX Midcap index was down 0.8% and BSE Small cap index was down 1% in Yesterday’s Trade. The market breadth was negative with advances at 418 against declines of 1021 on the NSE.

The markets closed with moderate losses today with realty, banking and capital goods being the biggest losers.

Top Nse India Gainers were: M7M, Power Grid, Cairn and Hindunilvr.

Top Nse India Lossers Were: Jindal Stee, Pnb, Jp Assosiate and Idfc.

Market Signs:

  • HCL Infosystems Q4 cons net loss at Rs.2 cr Vs profit of Rs.23 cr (QoQ).
  • S Mobility Q1 cons net loss at Rs.5.2 cr Vs loss of Rs.20 cr (QoQ); cons net sales at Rs.511.3 cr Vs Rs.553.3 cr (QoQ).
  • Jain Irrigation board will meet today to approve issue of securities.
  • Trent has issued 5.26 lakh shares to Tata Sons subsidiaries at Rs 980/share on preference basis.
  • Welspun Corp has raised Rs 200 cr via NCD (non convertible debentures) issue.
  • The board members of Bajaj FinServ will meet to consider the rights issue on August 29.
  • Larsen and Toubro have bagged Rs 1302 cr order from Petroleum Development Oman.
  • MoS, Oil says cannot hike diesel price due to inflation.
  • Larsen and Toubro have bagged Rs 749 cr order from ONGC for 4 Wellhead platforms.
  • L&T signs share sale and purchase agreement with Japan’s Toshiba Machine Co to sell its entire stake in L&T Plastics Machinery Ltd.
  • Supreme Court has sought pollution board’s report on Sterlite’s Tuticorin Plant by September-end.

FII Derivative Data:

  • FII bought 13648 Contracts of Index Future, worth 384 cores with net OI increasing by 13010 contracts.
  • As Nifty Future was down by 40 points and OI has increased by 13010, FII are booking profits in longs. No shorts have been created as per data analyzed.
  • Nifty Spot closed at 5350 after making the low of 5346 near to our 1 tgt of 5341, Bulls were under pressure from morning as they were unable to close nifty above 5400, We have discussed the resistance at 5401 and Nifty made a high of 5399 today.
  • Resistance for Nifty has come up to 5366 and 5401 which needs to be watched closely ,Support now exists at 5341 and 5309 .Trend is still buy on Dips till 5313 is not broken on closing basis.
  • Nifty August OI is at 2.3 cores with an unwinding of 18 Lakh in OI, but the same got roll overed to September Series. September Series OI is at 60 lakhs so 18 lakhs got roll overed and 7 lakh extra addition.
  • Total Future & Option turnover was 1.19 lakh  Cores  with total contract traded at 1.89  lakh,Cash volumes were very dismissal at 5051 now this signify the fall was in technical in nature no major selling has happened today. So tomorrow we can see a reverse up move if 5341 is not broken. In past, whenever Nifty has formed a low near the support with falling volumes (as compared to previous sessions) we observed minor bottom reversal pattern. Today’s decline with falling volume (compared to Friday) could be a sign of possible reversal.
  • 5300 CE also saw an addition of 2.7 lakhs with total OI now standing at 29 lakhs. 5400 CE saw an addition of 10 lakhs and total OI stands at 66 lakhs so 5400 CE writers, 5500 CE still having highest OI of 1.05 core lakhs,so 5400 is the ceiling for the market.
  • 5300 PE added 3.2 lakh in OI and having the OI at 1.08 lakhs which suggests traders are getting confident that 5300 will not break in August Expiry.5400 PE unwounded 13 Lakh in OI. So as NF closed below 5400 second day running, 5400 PE saw an huge unwinding, as Expiry is 3 trading session away. Looking at huge unwinding i accept nifty to come near 5400 tomorrow.
  • FII bought 200 cores and DII sold 500 cores in cash segment.INR closed at 55.7. FII has bought 8046 Cr in cash market in August series.FII sold 551 of stock futures also
  • Nifty Futures Trend Deciding level is 5347, Trend Changer at 5326 NF (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5397
  • 20 DMA at 5313
  • 50 DMA at 5243
  • 200 DMA at 5118.
  • 5 Days Relative Strengthen Index at 40 and 14 Days Relative Strengthen Index at 56. Indicates Nifty placed in NEUTRAL Zone.

Nifty Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5377 and above the level marks the track point at 5400 later zipper levels at 5444 marks.

Support at It has the first support close to the level of 5333 and below this level mark next support is seen at 5311 later dipping levels near 5288 marks.

Nifty Future Momentum Call for 28 Aug’2012:

Nifty Future Buy above 5377 sl 5355 Tgt 5399-5422 {Or} Nifty Future Sell Below 5333 sl 5355 Tgt 5311-5288.

Nifty Outlook & FII Darivatives Data for 23 August’2012

The Bse Index Closes on Yesterday at 17847 down38 Points or -0.21% and the Nifty fasten store at 5413 down 8 points from the previous close or +-0.15%. The CNX Midcap index was down 0.5% while the BSE Small cap index declines 0.2% in Yesterday’s Trade. The market breadth was negative with advances at 653 against declines of 788 on the NSE.

The markets closed with judicious declines today with realty and power being the nastiest performers. Banking, healthcare and auto made some gains.

Nse India Top Gainers in Yesterday’s Trade: Ranbaxy, Bpcl, Bank of Baroda and Infosyis.

Nse India Top Losers in Yesterday’s Trade: Airtel, Idfc, Sesa Goa and Ntpc.

Stock Cipher:

  • NMDC hikes iron ore price by 8-13%.
  • This fiscal year, ONGC is planning to spend Rs 15000 cr to drill 480 wells.
  • Essar Oil is in an agreement of USD 1.2 billion with Colombia to buy crude oil.
  • Wockhardt has received a tentative US FDA nod for Anti-psychotic Drug Geodon.
  • Alstom – BHEL will be supplying turbo-generator package for Rawatbhata Nuclear Plan.

 FII DERIVATIVES DATA

  • FII bought 7345 Contracts of Nifty, worth 183 cores  with net OI decreasing by 3965 contracts.
  • As Nifty Future was down by 11 points and OI has decreased by 3965, FII have started booking profits Index futures. The way we fell down from 5455 NF suggests profit booking.
  • Nifty Spot closed at 5413 after making the high of 5433. Bulls successfully managed to close nifty above 5400 Inspite of bad global cues which suggests strength. Resistance for Nifty has come up to 5446 and 5467 which needs to be watched closely ,Support now exists at 5395 and 5366 .Trend is still buy on Dips till 5269 is not broken on closing basis.
  • As we discussed yesterday it will be a range bound day and a listless market and nifty obliged us by doing nothing. Hope traders were able to benefit the same.
  • Nifty August OI is at 2.61 cores with an unwinding of 2.57 Lakh in OI, longs were unwounded by Retailers and HNI. I expect small range tomorrow probably till 5447 on higher end and 5400 on lower end with stock specific action looking at OI figure. (This is what we discussed yesterday and same happened today).
  • Total F&O turnover was 1.06 lakh Cores with total contract traded at 1.68 lakh, Nifty Future made a new high with pathetic volumes, Also the Cash volume were 30% lower than average which suggests distribution happening at higher levels. Be cautious on your longs and ride it till music lasts.
  • 5300 CE also saw an unwinding of 1.67 lakhs with total OI now standing at 31 lakhs, Call Writers ran for cover. 5400 CE saw an  unwinding  of 0.44  lakhs and total OI stands at 65 lakhs no major unwinding seen, 5500 CE still having  highest OI of 1 core lakhs, with fresh addition of 1.6 lakhs in OI.
  • 5300 PE added 0.8 lakh in OI and having the OI at 1.07 cr which suggests traders are getting confident that 5300 will not break in August Expiry.5400 PE also added 10 Lakh in OI so now traders are eyeing 5400 PE as next base for Nifty.
  • FII bought 96 cores and DII sold 230 cores in cash segment.INR closed at 55.57. FII again sold 230 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5386, Trend Changer at 5312 Nifty (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5389
  • 20 DMA at 5269
  • 50 DMA at 5226
  • 200 DMA at 5117
  • 5-Days Relative Strength Index at 77
  • 14-Days Relative Strength Index at 67. It Indicates Nifty Placed in BULLISH precinct.

NIFTY: RESISTANCE @ It has the First resistance close to the level 5444 and above the level marks the track point at 5466 later zooper levels at 5488 marks.

SUPPORT@ It has the first support close to the level of 5400 and below this level mark next support is seen at 5477 later dipping levels near 5355 marks.

NIFTY FUT MOMENTUM CALLS FOR 23 Aug’2012:

Buy Nifty August Future above 5444 Sl 5422 Tgt 5466-5488 {Or} Sell Nifty August Future below 5400 Sl 5422 Tgt 5377-5355.