analysis for june 2

********Technicals***** ~May 30~
Nifty is in short term consolidation phase of 4800-4950.
Support is at 4820,4760.
Resistance is at 4950.
*********strong stock futures***** (www.crnindia.com)
Sun Tv, Lupin, Chambal Fert, JSW Steel, Tata Chem, Infosys, Sterling, Dr.Reddy, Sesa Goa & TCS.
*******weak stock futures***** (www.crnindia.com)
IOB, Unitech, India Info, Ansal Infa, Shree Cem, Penin Land, OBC, Voltas, Bajaj Hind & India Bank
****Nifty**** ~May 30~
Nifty future premium converted to discount of 20 points.. Open interest increased by 5 lakh today. (new short position)
***Options**** ~ May 30~
Nifty call options add 25.5 lakh and put options add 23 lakh in open interest. Thus open interest put-call ratio decreased to 1.86.
happy trading and investing.
- dr.jignesh shah

for may 31

********Technicals***** ~May 29
~ nifty is in consolidation range of 4800-4950.
*********strong stock futures***** (www.crnindia.com)
Chambal Fert, JSW Steel, Lupin, Tata Chem, National Alum, Satyam, Aban, SCI, IFCI & GE.Ship.
*******weak stock futures***** (www.crnindia.com)
Penin Land, India Info, Voltas, Unitech, Ansal Infra, IOB, India Bank, Patel Engg, HCC & GDL
****Nifty**** ~May 29~ (www.nseindia.com)
Nifty future premium increased to 25 points. Open interest increased by 67lakh today.
***Options**** ~ May 29~ (www.sharekhan.com)
open interest put-call ratio increased to 2.01.

data analysis for may 21

********Technicals***** ~May 20~
Nifty open with a gap but recovered at end making long lower shadow.
Now support will be at 5100,5060.
Below 5000 nifty will be converted into downtrend.
Resistance is at 5250 and once 5250 is taken out then target will be 5450.

*********strong stock futures***** (www.crnindia.com)
JSW Steel, Cairn, SCI, Lupin, GE.Ship, Chambal Fert, LITL, Sterlite, Suzlon & SKumars
*******weak stock futures***** (www.crnindia.com)
Voltas, ACC, IOC, ONGC, BPCL, Shree Cem, GAIL, PFC, ABB & Dabur

****Nifty**** ~May 20~ (www.nseindia.com)
Nifty future discount remains at 5.4 points.. Open interest increased by 12 lakh today.
***Options**** ~ May 20~ (www.sharekhan.com)
Nifty call options add 3.6 lakh and put options shed 4 lakh in open interest. Thus open interest put-call ratio decreased to 1.43.
********Fund flow*** ~May 16~ (www.sebi.gov.in)
~FII index fut +74 cr..(+1384 cr in may series).
~FII stock fut +384 cr.(-932 cr in may series).
~FII cash +57 cr (+ 1061cr in may series).
~Mut cash data not available (-42 cr in may series).
*******total fund flow +515 cr today & nifty was up by 42 points.
*******So far net fund flow of +1471 cr in may series. (so far nifty is up in may series from 5000-settelment price as closed at 5157)

*********notice*****
As I am going for vacation, update will be done from may 31.
happy trading and investing.
- dr.jignesh shah

data analysis for may 20

********Technicals***** ~May 16~
Nifty consolidated it”s recent gain today and closed above 5150.
Now support will be at 5100,5060.
Resistance is at 5250 and once 5250 is taken out then target will be 5450.

*********strong stock futures***** (www.crnindia.com)
JSW Steel, Lupin, Chambal Fert, SCI, GE.Ship, Matrix, Cairn, National Alum, Sesa Goa & Praj Indus
*******weak stock futures***** (www.crnindia.com)
ACC, Shree Cem, Voltas, IOC, Ultra Cem, Kesoram, ONGC, Grasim, GAIL & BPCL.
****Nifty**** ~May 16~ (www.nseindia.com)
Nifty future discount increased to 5.4 points. So cost of carry decreased. Open interest decreased by 3 lakh today. Suggest long unwinding.
***Options**** ~ May 16~ (www.sharekhan.com)
Nifty call options add 9 lakh and put options add 18 lakh in open interest. Thus open interest put-call ratio increased to 1.47.
********Fund flow*** ~May 15~ (www.sebi.gov.in)
~FII index fut +173 cr..(+1310 cr in may series).
~FII stock fut +149 cr.(-1316 cr in may series).
~FII cash +770 cr (+1004 cr in may series).
~Mut cash +310 cr (-42 cr in may series).
*******total fund flow +1402 cr today & nifty was up by 103 points.
*******So far net fund flow of +956 cr in may series. (so far nifty is up in may series from 5000-settelment price as closed at 5115)
happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR MAY 16

CHART SHOWS THAT NIFTY IN CLEAR UPTREND.

********Technicals***** ~May 15~
Nifty gives breakout from consolidation. Nifty closed above last 5 days high and closed at 7 day high. This is very bullish.
Now support will be at 5060,5000,4980.
Resistance is at 5250 and once 5250 is taken out then target will be 5450.

*********strong stock futures***** (http://www.crnindia.com/)
JSW Steel, Lupin, National Alum, Sesa Goa, GE.Ship, Praj Indus, Orchid Cem, SCI, IFCI & Infosys
*******weak stock futures***** (http://www.crnindia.com/)
BPCL, Shree Cem, IOC, ACC, ONGC, GAIL, Grasim, Kesoram Indus, Cummins & Ultra Cem.

****Nifty**** ~May 15~

nifty fut premium converted into discount of 2 points. thus cost of carry decreased. open interest decreased by 4 lakhs. suggest long unwinding.
***Options**** ~ May 15~
calls added 4 lacs in open interest and puts added 14 lacs in open interest. thus open interest put call ratio increased to 1.45 from 1.41

********Fund flow*** ~May 14~

~FII index fut -39 cr..(+1137 cr in may series).

~FII stock fut -52 cr.(-1465 cr in may series).

~FII cash +258 cr (+234 cr in may series).

~Mut cash +133cr (- 352 cr in may series).
*******total fund flow +300 cr today & nifty was up by 54 points.

*******So far net fund flow of -446 cr in may series. ( BUT so far nifty is up in may series from 5000-settelment price as closed at 5011.

happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR MAY 15

CHART SHOWS THAT NIFTY IS NOW IN A TRIANGLE.
BREKOUT WILL GIVE DIRECTION.
********Technicals***** ~May 14~
Nifty is in consolidation between 4920-5060
Breakout will give direction
Below 4920 nifty will be converted into downtrend from correction mode.
If 4920 is held then target will be 5500.
*********strong stock futures***** (www.crnindia.com)
Orchid Cem, Titan, JSW Steel, Praj Indus, Tata Steel, Mphasis, GE.Ship, Sesa Goa, National Alum & HCL Tech.
*******weak stock futures***** (www.crnindia.com)
BPCL, ACC, Shree Cem, Ultra Cem, IOC, ONGC, Crompton Greaves, India Cem, GAIL & Grasim.

****Nifty**** ~May 14~
Nifty future premium decreased to 6 points. So cost of carry decreased. Open interest decreased by 8 lakh today. Suggest profit booking.
***Options**** ~ May 14~
Nifty call options add 7 lakh and put options add 6 lakh in open interest. Thus open interest put-call ratio decreased to 1.41.

********Fund flow*** ~May 13~
~FII index fut +658 cr..(+1176cr in may series).
~FII stock fut +4 cr.(-1413 cr in may series).
~FII cash +196 cr (-24cr in may series).
~Mut cash -305cr (-485 cr in may series).
*******total fund flow +553 cr today but nifty was down by 55 points. (divergence)
*******So far net fund flow of -746 cr in may series. (so far nifty is down in may series from 5000-settelment price as closed at 4957)
happy trading and investing.
- dr.jignesh shah

data analysis for may 14

********Technicals***** ~May 13~
No follow up buying visible today which makes y’day’s upmove short lived.
Nifty back in correction mode.
Strong support now is at 4950,4920,4900. resistance is at 5000,5060.
Below 4950,4900 nifty will be converted into downtrend from correction mode.

*********strong stock futures***** (http://www.crnindia.com/)
JSW Steel, Praj Indus, Orchid Cem, Mphasis, Tata Steel, GE.Ship, Satyam, National Alum, HCL Tech & Sesa Goa.
.*******weak stock futures***** (http://www.crnindia.com/)
Ultra Cem, ACC, India Cem, Grasim, BPCL, Shree Cem, Crompton Greaves, Cummins, MRPL & Peninland.
****Nifty**** ~May 13~
Nifty future premium decreased to 8 points. So cost of carry decreased. Open interest increased by 16 lakh today. Suggest new short position.
***Options**** ~ May 13~
Nifty call options add 11.6 lakh and put options add 10 lakh in open interest. Thus open interest put-call ratio decreased to 1.43 from 1.46.
********Fund flow*** ~May 12~
~FII index fut + 175 cr..(+ 518cr in may series).
~FII stock fut +74 cr.(- 1417 cr in may series).
~FII cash – 125 cr (- 220cr in may series).
~Mut cash -65cr (- 180 cr in may series).
*******total fund flow +59 cr today & nifty was up by 42 points.
*******So far net fund flow of - 1309 cr in may series. ( BUT so far nifty is up in may series from 5000-settelment price as closed at 5012)

********Fund flow*** ~May 13~ provisional
~FII index fut +658 cr.
~FII cash +74 cr
~Mut cash+266cr
*******total fund flow +998 cr today but nifty was down by 55 points. (divergence so downside will be limited)
happy trading and investing.
- dr.jignesh shah

data analysis for may 13

********Technicals***** ~May 12~
Nifty make a comeback. Today’s trade is important to judge that follow-up buying is coming or not.
Nifty took support on the rising trendline and also make long lower shadow which is bullish.
Below 4950,4900 nifty will be converted into downtrend from correction mode.

*********strong stock futures***** (www.crnindia.com)
Cairn, Praj Indus, Polaris, Bombay Dyeing, Wipro, Uniphos, Tata Steel, JSW Steel, Chambal fert & Satyam.
.*******weak stock futures***** (www.crnindia.com)
Ultra Cem, Grasim, India Cem, Shree Cem, BPCL, ACC, Pantaloon, Crompton Greaves, IOC & Sobha..

****Nifty**** ~May 12~
Nifty future premium increased to 10 points. So cost of carry increased. Open interest decreased by 2 lakh today. Suggest short covering.
***Options**** ~ May 9~
Nifty call options add 2 lakh and put options add 22 lakh in open interest. Thus open interest put-call ratio increased to 1.46 from 1.37. (very positive for market)

********Fund flow*** ~May 9~
~FII index fut – 493 cr..(+ 343 cr in may series).
~FII stock fut – 85 cr.(- 1491 cr in may series).
~FII cash – 370 cr (-95 cr in may series).~Mut cash – 333 cr (- 125 cr in may series).
*******total fund flow -1281 cr today & nifty was down by 99 points.
*******So far net fund flow of -1368 cr in may series. (so far nifty is down in may series from 5000-settelment price as nifty closed at 4980)

analysis for may 12

chart shows the trendline support of nifty which comes around 4900-4950.

********Technicals***** ~May 9~
Nifty is in correction mode.
Big black candle formed today breaking imp support levels of 5080 and 5000.
Below 4950,4900 nifty will be converted into downtrend from correction mode.

*********strong stock futures***** (www.crnindia.com)
Praj Indus, Uniphos, Wipro, Sesa Goa, Tata Steel, Cairn, Maha Seamles, BRFL, Corp Bank & SCI.
*******weak stock futures***** (www.crnindia.com)
Ultra Cem, Shree Cem, ACC, India Cem, Rel.Capital, Grasim, RNRL, Sobha, BHEL & BPCL.

****Nifty**** ~May 9~

Nifty future premium decreased to 7 points. So cost of carry decreased. Open interest increased by 7 lakh today. Suggest new short position.
***Options**** ~ May 9~
Nifty call options add 9 lakh and put options add 10 lakh in open interest. Thus open interest put-call ratio decreased to 1.37 from 1.38.

********Fund flow***

~May 6~

~FII index fut -281 cr. ~FII stock fut -289 cr ~FII cash –747 cr ~Mut cash-26 cr
*******total fund flow -1343 cr today & nifty was down by 48 points.

~May 7~

~FII index fut -157 cr. ~FII stock fut -171 cr. ~FII cash +336 cr ~Mut cash -23cr *******total fund flow -15 cr today & nifty was down by 9 points.

~May 8~

~FII index fut -1234 cr..(+836 cr in may series).

~FII stock fut -227 cr.(-1406 cr in may series).

~FII cash –415 cr (+275cr in may series).

~Mut cash +83 cr (+ 42cr in may series).
*******total fund flow -1793 cr today & nifty was down by 55 points.

*******So far net fund flow of -87 cr in may series. (BUT so far nifty is up in may series from 5000-settelment price)

happy trading and investing.
- dr.jignesh shah

analysis for may 7

-chart shows the downtrendline....... nifty was near the line at close, if broken(above 5160) correction will end.
********Technicals***** ~May 6~
Nifty is in correction mode.
Support is now at 5080-5000.
****Nifty**** ~May 6~
Nifty future premium increased to 18 points. So cost of carry increased. Open interest increased by 7 lakh today. Suggest new long position.( positive for market)
***Options**** ~ May 6~
Nifty call options add 2 lakh and put options add 4 lakh in open interest. Thus open interest put-call ratio increased to 1.415

********Fund flow*** ~May 5~
~FII index fut -201 cr..(+2508 cr in may series).
~FII stock fut - 232cr.(-719 cr in may series).
~FII cash –311 cr (+1101cr in may series).
~Mut cash +141cr (+174 cr in may series).
*******total fund flow -603 cr today & nifty was down by 36 points.
*******So far net fund flow of +3064 cr in may series. (so far nifty is up in may series from 5000-settelment price)

DATA ANALYSIS FOR MAY 6

********Technicals***** ~May 5~
Nifty is in much awaited correction mode. It closed above 200 DMA for the forth time.
Support is now at 5150-5160.

*********strong stock futures***** (www.crnindia.com)
.Praj Indus, Sesa Goa, Bombay Dyeing, Kotak Bank, LITL, JP Asso, Chambal Fert, TVS Motor, Unitech & PFC
.*******weak stock futures***** (www.crnindia.com)
Grasim, Shree Cem, Siemens, Indian Cem, ACC, Ultratech Cem Co, Crompton Greaves, ABB, National Alum & S.Kumars.
****Nifty**** ~May 5~
Nifty future premium decreased to 8 points. So cost of carry decreased. Open interest increased by 2 lakh today. Suggest new short position.( negative for market)
***Options**** ~ May 5~
Nifty call options add 7 lakh and put options add 11 lakh in open interest. Thus open interest put-call ratio increased to 1.41. (positive for market as nifty was down today and PCR increased today)

********Fund flow*** ~May 2~
~FII index fut +1155 cr..(+2709 cr in may series).
~FII stock fut +59 cr.(-487 cr in may series).
~FII cash +720 cr(+1412 cr in may series).
~Mut cash -76 cr(+33 cr in may series).
*******total fund flow +1858 cr today & nifty was up by 62 points.

*******So far net fund flow of +3667 cr in May series. (So far nifty is up in May series from 5000-settelment price)
happy trading and investing.
- dr.jignesh shah

data analysis for 5th may

********Technicals***** ~2nd May~
Nifty consolidated around 5200 and closed above 200 DMA for the third time.
There is a formation of rising wedge (see chart below)which is bearish so drastic fall not ruled out.
At the same time weekly macd turning positive so fall will not be large.
Support is now at 5200-5160.

*********strong stock futures***** (www.crnindia.com)
Bombay Dyeing, Praj Indus, Sasa Goa, TVS Motor, JP Asso, Indusind Bank, Lic.Hous.Fin, LITL, Channai Petro & Escorts .
*******weak stock futures***** (www.crnindia.com)

Grasim, Siemens, Indian Bank, Shree Cem, ZEEL, ACC, India Cem, Ultratech Cem Co, APIL & Kesoram Indus.

****Nifty**** ~2nd may~
Nifty future premium decreased to 18 points. So cost of carry decreased. Open interest increased by 0.7 lakh today. Suggest profit booking in long and also new short position.( negative for market)
***Options**** ~2nd may~
Nifty call options add 22 lakh and put options add 20 lakh in open interest. Thus open interest put-call ratio decreased to 1.40. (Negative for market as nifty was up today and PCR decreased today)

********Fund flow*** ~30th April~
~FII index fut +130 cr..(+1554 cr in May series).
~FII stock fut -396 cr.(-546 cr in may series).
~FII cash -85 cr(+692cr in may series).
~Mut cash data not available (+109 cr in May series).
*******total fund flow -351 cr today & nifty was down by 30 points.

*******So far net fund flow of +1809 cr in may series. (So far nifty is up in May series from 5000-settelment price)
happy trading and investing.
- dr.jignesh shah

analysis for 2nd May.

********Technicals***** ~30th April~
Nifty consolidated around 5200 and closed above 200 DMA for the second time.
Support is now at 5160.

*********strong stock futures***** (www.crnindia.com)
Bombay Dyeing, Praj Indus, Sasa Goa, LITL, Lic.Hous.Fin, GDL, Channai Petro, JPAsso, TVS Motor & Jindal Steel .
.*******weak stock futures***** (www.crnindia.com)
Indian Bank, Siemens, Grasim, Shree Cem, ZEEL, APIL, ACC, Crompton Greaves, India Cem & Ultratech Cem Co.

****Nifty**** ~30th April~
Nifty future premium remains at 22.9 points. Open interest increased by 5 lakh today.
***Options**** ~30th April~
Nifty call options add 7 lakh and put options add 25 lakh in open interest. Thus open interest put-call ratio increased to 1.47.

********Fund flow*** ~29th April~
~FII index fut +549 cr..(+1424 cr in may series).
~FII stock fut -229 cr.(-150 cr in may series).
~FII cash +347 cr(+777 cr in may series).
~Mut cash +381 cr(+109 cr in may series).
*******total fund flow +1048 cr today & nifty was up by 106 points.
*******So far net fund flow of +2160 cr in may series. (so far nifty is up in may series from 5000-settelment price)
happy trading and investing.
- dr.jignesh shah