Tuesday, April 15, 2008

nifty chart and data analysis for 16th april

chart shows uptrend of nifty-


****Nifty**** ~11th April~
Nifty future discount converted into premium of 18 points, so cost of carry increased. Open interest decreased by 10 lakh today.( Today's trade dominated by short covering).
***Options**** ~11th April~
Nifty call options add 5 lakh and put options add 10 lakh in open interest. thus open interest put-call ratio increased to 1.27.

********Fund flow*** ~11th April~
~FII buy 1123 cr index fut..(total sell of 661 cr in April series).
~FII sell 8 cr stock fut.(total sell 76 cr in April series).
~FII sell 31 cr in cash (total sell of 790 cr in April series).
~Mut fund buy 173 cr in cash (total buy of 932 cr in April series).
*******So net fund flow of +1257 cr and nifty was up by 44 points.

*******So far net fund flow of -635 cr in April series upto 11th april.