Tuesday, March 11, 2008


*****NIFTY*******11 MARCH
- nifty fut discount decreased to 9 points thus COC increased.
- OI decreased by 19.5 lacs( short covering)
-NF make high-low of 4872-4700.

***FII DATA*******10 MARCH
-FII sell 626 cr index fut. (total sell of 1907 cr in current series).
-OI of FII increased to 1160187 contracts ( new short by fii on March 10.)

-put added 4.7 lacks and call added 7.7 lacks in OI.
- Nifty open int PCR decreased to 0.99 and volume PCR increased to 0.95.
********FUND FLOW*******10 MARCH
-FII net sell 1141 cr in cash (total sell of 1564 cr in current series)
-mut.fund net buy 336 cr (total sell of 144 cr in current series).
technically nifty made bottom on 10th march at 4620 against our target of 4600-4700. now major resistance at 4950 and 5070 only.
fii seems to have booked profit in there puts y'day as there open int decreased and in the money puts shedded oi also.
our mut funds had started buying at lower levels also.