nifty future chart--shows triangle again, breakout will give direction.
****Nifty**** ~10th April~
Nifty future discount increased to 11 points, so cost of carry increased. Open interest increased by 5 lakh today.( Today's trade dominated by new short position).
***Options**** ~10th April~
Nifty call options shed 0.25 lakh and put options add 5 lakh in open interest. thus open interest put-call ratio increased to 1.20.
********Fund flow*** ~9th April~
~FII sell 502 cr index fut. .( -1519 cr in April series)
~FII buy 235cr stock fut. ( -95 cr in April series)
~FII sell 173cr in cash (-444 cr in April series).
~Mut fund buy 214 cr in cash (+ 404 cr in April series).
*******So net fund flow of -226 cr and nifty was up by 37points. (So negative divergence in market action and fund flow.)
*******So far net fund flow of -1656 cr in April series. (so far nifty is down in april series from 4830-settelment price)
