Wednesday, April 30, 2008

data analysis for 30th april

********Technicals***** ~29th April~
Our target of 5180 achieved today.
Support is now at 5175.

*********strong stock futures***** (www.crnindia.com)
Bombay Dyeing, Sasa Goa, Chambal Fert, Bata India, Titan, IFCI, BRFL, Nagar Fert, Channai Petro & Lichsgfin
.*******weak stock futures***** (www.crnindia.com)
Siemens, Indian Bank, India Cem, ZEEL, Shree Cem, Maruti, Grasim, Crompton Greaves, SKumars & ACC.

****Nifty**** ~29th April~
Nifty future premium increased to 23 points, so cost of carry increased. Open interest increased by 14 lakh today.( Today's trade dominated by new long position).
***Options**** ~29th April~
Nifty call options add 17 lakh and put options add 21 lakh in open interest. Thus open interest put-call ratio decreased to 1.36..

********Fund flow*** ~28th April~
~FII index fut +203 cr..(+875 cr in may series).
~FII stock fut +25 cr.(+79 cr in may series).
~FII cash +81 cr(+430 cr in may series).
~Mut cash -199 cr(-272 cr in may series).
*******total fund flow +110 cr today but nifty was down by 22 points. (divergence in fund flow and market action)
*******So far net fund flow of +1112 cr in may series. (so far nifty is up in may series from 5000-settelment price)