Book Half Profit (50%) in ABB @770-765
On 9th-Sept we Recommended to Buy ABB for Short Term.
Buy ABB @730-735 For Target of 820 With S/L 690
Monday 17 September 2012
Nifty Today
NIFTY FUTURE :
Currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 14.59 lakh position in Open Interest and this accounts to 7.24 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 7.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.24 lakh position in open interest and this accounts to 8.89 % of Total Open Interest in all series and cumulatively trading in average premium of 33.22 Rs to Underlying. The open interest is also increasing with trend
NIFTY OPTIONS:
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side but writing of Put is slightly increasing at 5500 level The Nifty call option is trading at discount so sentiment at higher level seems cautious The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 784.59 lakh position and Nifty call option has added 713.16 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 56.25 crore in value and Nifty call option has shed Rs -100.71 crore in value on cumulative basis
Currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 14.59 lakh position in Open Interest and this accounts to 7.24 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 7.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.24 lakh position in open interest and this accounts to 8.89 % of Total Open Interest in all series and cumulatively trading in average premium of 33.22 Rs to Underlying. The open interest is also increasing with trend
NIFTY OPTIONS:
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side but writing of Put is slightly increasing at 5500 level The Nifty call option is trading at discount so sentiment at higher level seems cautious The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 784.59 lakh position and Nifty call option has added 713.16 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 56.25 crore in value and Nifty call option has shed Rs -100.71 crore in value on cumulative basis
Thursday 13 September 2012
Nifty Futures and Option
NIFTY FUTURE:
CMP(5446.95) is currently in BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 5.51 lakh position in Open Interest and this accounts to 2.99 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 15.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 6.09 lakh position in open interest and this accounts to 2.99 % of Total Open Interest in all series and cumulatively trading in average premium of 42.4 Rs to Underlying. The open interest is also increasing with trend
NIFTY OPTIONS;
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and writing of call is increasing The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 728.01 lakh position and Nifty call option has added 689.77 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 27.09 crore in value and Nifty call option has added Rs 4.66 crore in value on cumulative basis
Wednesday 12 September 2012
Nifty Levels To be Watch Out Next
Nifty Views:
5460 Strong Resistance For Nifty. If Closes
Above 5460 Next Resistance is 5500-5510
and After That 5630 ultimate Resistance.
Nifty formed Classical Inverted Head and Sholder Pattern, if Crosses 5460-5470 will be Pattern breakout
Nifty Option Call
Buy NIFTY 5300 27 SEPT 2012 PUT @17 Till Expiry.
Target @40 StopLoss- Hold till Expiry.
Investment Rs17*50= Rs850/- + Rs100 brokerage= Rs950/-
Target @40 StopLoss- Hold till Expiry.
Investment Rs17*50= Rs850/- + Rs100 brokerage= Rs950/-
