Nifty Futures
The Nifty futures closed and settled finally at 5533.80 down by - 24.65 points or -0.44 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5625 else below support level of 5480 it would be in a downward trend.
Bank nifty Future
Bank Nifty Futures shut stop at 10785 down by -40.95 points or -0.38 %. It is looking bullish in the coming trading session if it manages to trade above the
resistance level of 10990 else below support level of 10720 it would be in a downward trend.
Stock of the Week
Mahindra and Mahindra Financial Services is in consolidation phase from last few trading session. If it manages to sustain above 681.50 it will take up move . We recommend to buy Mahindra and Mahindra Financial Services in cash above 681.50 target 695,710 with stop loss of 659 .
Today BSE index shut up at 18232 little down with 34 points, the index touched a high and a low of 18,380.17 and 18,199.52 respectively. While Nifty index closed at 5473 doen 3 points, The index touched high and low of 5,509.30 and 5,458.60, respectively.
Nifty Futures trend
Nifty June 2011 futures closed at 5,467.00, at a discount of 6.10 points over spot closing of 5,473.10, while Nifty July 2011 futures were at 5,477.75 at a premium of 4.65 points over spot closing. The near month June 2011 derivatives contract expires on Thursday, June 30, 2011.
Nifty June futures saw addition of 4.97% or 1.06 million (mn) units, taking the total outstanding open interest (OI) to 22.56 mn units.
Nifty Option Trend
Among Nifty puts, 5400 SP from the June month expiry was the most active put with contraction of 0.09 million or 1.68%. The maximum Call OI outstanding was at 5500 SP (4.08mn) and that for Puts at 5400 SP (5.28mn). The respective Support and Resistance levels are: Resistance 5502.06-- Pivot Point 5480.33-- Support 5451.36.
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The Stock Market closed at 18529, with little up 10 points, the index touched a high and a low of 18,643.58 and 18,367.21 respectively. While Nifty closed at 5551, the index touched high and low of 5,586.05 and 5,502.40, respectively.
Nifty future Trend
Nifty May 2011 futures closed at 5,555.10, at a premium of 4.00 points over spot closing of 5,551.10, while Nifty June 2011 futures were at 5,566.25 at a premium of 15.15 points over spot closing. The near month May 2011 derivatives
contract expires on Thursday, May 26, 2011. Nifty May futures saw addition of 6.84% or 1.75 million (mn) units, taking the total outstanding open interest (OI) to 27.43 mn units.
Nifty Option Trend
For Nifty calls, 5600 strike price (SP) from the May series was the most active call with a contraction of 0.09 mn or 1.86%. Among Nifty puts, 5500 SP from the May month expiry was the most active put with an addition of 1.31 or 26.97%. The maximum Call OI outstanding was at 5600 SP (6.16) and that for Puts at 5500 SP (4.91).
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[9/14/2010 05:36:00 PM
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Labels:
Nifty Future,
Stock Option Trend
Stock Option Review
OI Concentration Chart Interpretation: From the OI Chart we can see that in September Series addition of open interest on the calls front is seen at strike price of 5800 and 5900 indicating it as Resistance zone on the upside
whereas on the put options front we have seen addition of open interest at strike price of 5700 indicating it as immediate support zone on the downside.
- On the call options front we have seen addition of open interest in September series at strike price of 5800 and 5900.
- On the put options front we have seen addition of open interest in September Series at strike price of 5700 and 5800.
Nifty Future Review
- The Nifty closed at 5760. Nifty future (Sep.) closed at 5763.20 i.e. at a premium of 3.20 points vs. discount of 8.20 points and added 639050 shares in open interest.
- The Nifty future (Oct.) closed at 5767.80 i.e. at a premium of 7.80 points vs. discount of 3.15 points and added 319100 shares in open interest.
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Interpretation: The Nifty future prices ended in the green terrain along with an overall addition of open interest and increase in the cost of carry, this is an indication of long built up at lower levels.
[6/10/2010 08:53:00 PM
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Labels:
market trend,
Nifty Future,
Stock Futures
Market Updation
Market session was good for today, the first half was subdued but the market gained momentum in the second half on the back of positive European cues. Sensex shut shop at 16922, up 264 points and Nifty at 5078, up 78 points from the previous close. CNX Midcap index was up 1.3% and BSE Smallcap index was also up 1.3%. The market breadth was positive with advances at 944 against declines of 318 on the NSE. Top Nifty gainers were Reliance Infrastructure, Hero Honda and Bharti Airtel while losers were Power Grid, PNB and BPCL.
Sure Market Trend
The 30-share BSE index rose 1.59 percent, or 264.19 points, to finish at 16,922.08, but the index is still down 1.1 percent this week. Twenty-nine of its components closed in the green.
The Bombay Stock Exchange in a clarification issued on Wednesday said, “As the ‘dummy' circuit filter was set at 20 per cent of the previous day's close and the lowest price buy order in the order book was at Rs 840.55, it prevented the price from falling further and the balance 1.6 lakh shares were executed at the same price.” RIL shares fell sharply to Rs 840.55 in 12 seconds at 12.50 pm on June 1 from a prevailing market price of Rs 1,027.55.
On January 7, 2009, Satyam shares fell from the previous day's close at Rs 179.10 to an intra-day low of Rs 39.95 on the BSE. Even in the next trading session on January 9, 2009, Satyam fell to Rs 11.50 in intra-day trade from the previous close of Rs 39 .95. On the NSE too, Satyam shares fell nearly to the same extent indicating there was no dummy filter operating on either BSE or NSE in January 2009.
Nifty Stock Futures
The Nifty closed at 5000.30. Nifty future (June) closed at 4990.40 i.e. at a discount of 9.90 points vs. 26.40 points and shredded -60600 shares in open interest.
The Nifty future (July) closed at 4987.35 i.e. at a discount of 12.95 points vs. 29.75 points and added 20550 shares in open interest.
The Nifty future prices ended in the positive terrain along with overall shredding of open interest and increase in the cost of carry, this is an indication that market rose on account of short covering.
