NIFTY ANALYSIS FOR JULY 1

NIFTY IS OVERSOLD NOW.
UPWARD BREAKOUT IS IMMINENT NOW.

********Technicals*****
Nifty is in downtrend and is oversold.
Support is at 3975
Resistance is at 4150-4190.
*********strong stock futures***** (http://www.crnindia.com/)
Finan Tech, Glaxo, SRF, Cipla, Dr.Reddy, Sun Pharma, Ranbaxy, Cairn, Lupin & RPL.
*******weak stock futures***** (http://www.crnindia.com/)
Air Deccan, Ansal Infra, Sobha, IFCI, Triveni, GMR Infra, Parsvnath, HCC, Peninland & Alok Text.
****Nifty**** ~ June 30~
Nifty july future discount increased to 68 points. Open interest increased by 7 lacs today. (new short position--- bearish)
***Options**** June 30~
Nifty call options add 24 lacs and put options add 6 lacs in open interest. Thus open interest put-call ratio decreased to 0.97.(bearish)

********Fund flow*** ~June 27~
~FII index fut -650cr

~FII stock fut +137cr

~FII cash -794cr(prov)

~Mut cash +4cr
*******total fund flow -1306 cr today & nifty was down by 170 points. (bearish)
*******So far net fund flow of -1306 cr in July series. (So far nifty is down in July series from 4315- the settlement price)
******* Net fund flow of -8071 cr in June series.
happy trading and investing.
- dr.jignesh shah

NIFTY ANALYSIS FOR JUNE 30

***********NIFTY DAILY CHART**************************************************
********************NIFTY WEEKLY CHART****************************

***************SENSEX DAILY CHART*****************************
*****************NIFTY DAILY CHART*****************WE R AT BOTTOM*****

********Technicals*****
Nifty is in downtrend BUT OVERSOLD.
Support is at 4080-4050-3975.
Resistance is at 4190-4230.
*********strong stock futures***** (http://www.crnindia.com/)
Glaxo, SRF, Lupin, Finan Tech, Cipla, Ranbaxy, Cairn, NDTV, RPL & Renuka
*******weak stock futures***** (http://www.crnindia.com/)
Ansal Infra, Air Deccan, Sobha, Triveni, National Alum, HCC, S.Kumars, IFCI, JP Asso & IOB.
****Nifty**** ~ June 27~
Nifty july future discount decreased to 58 points. Open interest increased by 5 lacs today. (new long position--- bullish)
***Options**** June 27~
Nifty call options add 26 lacs and put options add 21 lacs in open interest. Thus open interest put-call ratio decreased to 1.07.(bearish)
********Fund flow*** ~June 26~
~FII index fut +1023cr

~FII stock fut +229cr

~FII cash -498cr

~Mut cash +276cr
*******total fund flow +1030 cr today & nifty was up by 63 points.
*******So far net fund flow of -8071 cr in June series. (nifty closed in June series at 4315- the settlement price-down by 520)

happy trading and investing.
- dr.jignesh shah

NIFTY ANALYSIS FOR JUNE 27

********Technicals*****
Nifty is in downtrend and is correcting upward.
RSI is at resistance, MACD converging and stochastics is in buy mode.
Support is at 4250-4190-4080-4050.
Resistance is at 4340.
*********strong stock futures***** (http://www.crnindia.com/)
NDTV, SRF, Mahindra Gesco, Finan Tech, Escorts, Cipla, JSW Steel, Chambal Fert, Renuka & Glaxo.
*******weak stock futures***** (http://www.crnindia.com/)
Ansal Infra, Air Deccan, Sobha, IFCI, Peninland, Parsvnath, IOB, MRPL, Triveni & Wock Pharma.
****Nifty**** ~ June 26~

Nifty july future discount increased to 70 points!!!!!!!!!.(bearish). Open interest increased by 83 lacs today. (new short position--- bearish)
***Options**** ~ June 26~
Nifty call options add 37 lacs and put options add 32 lacs in open interest. Thus open interest put-call ratio increased to 1.11.(bullish)
********Fund flow*** ~June 25~
~FII index fut +1100cr
~FII stock fut -283cr
~FII cash -107cr(prov)
~Mut cash +335cr (prov)
*******total fund flow +1045 cr today & nifty was up by 61 points. (BULLISH)
*******So far net fund flow of - 9101cr in June series. (So far nifty was down in June series from 4835- the settlement price)
happy trading and investing.
- dr.jignesh shah

NIFTY ANALYSIS FOR JUNE 26

********Technicals*****
Nifty is in downtrend
SHORT TERM BOTTOM FORMED TODAY AT 4093/13736 AGAINST OUR TARGET OF 4050/13750..
Support is at 4250-4160-4080-4050
Resistance is at 4340.
*********strong stock futures***** (http://www.crnindia.com/)
SRF, Lupin, Ranbaxy, Renuka, Glaxo, Jet Airways, Finan Tech, NDTV, Balrampur C & Tata Tea.
*******weak stock futures***** (http://www.crnindia.com/)
Ansal Infra, Air Deccan, Sobha, ALBK, National Alum, JP Asso, Wock Pharma, APIL, IFCI & Corp Bank
****Nifty**** ~ June 25~
Nifty future discount decreased to 8 points. Open interest increased by 25 lacs today. (new long position--- bullish)
***Options**** ~ June 25~
Nifty call options add 32 lacs and put options add 7 lacs in open interest. Thus open interest put-call ratio decreased to 1.01.(bearish)

********Fund flow*** ~June 24~
~FII index fut -714cr

~FII stock fut +60cr

~FII cash +290cr

~Mut cash +211cr
*******total fund flow -153 cr today & nifty was down by 75 points.(bearish)

*******So far net fund flow of -10146 cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

NIFTY ANALYSIS FOR JUNE 24

5 DAY RSI IN BSE SHOWS DIVERGENCE WHICH IS BULLISH.
14 DAY RSI IN NIFTY IS AT SUPPORT AREA.
OTHERWISE ALL INDICATORS FAVOURS FURTHER DECLINE.
********Technicals*****
Nifty is in downtrend with target of 4250.
Support is at 4220-4190
Resistance is at 4340-4400
*********strong stock futures***** (http://www.crnindia.com/)
SRF, NDTV, Lupin, Glaxo, Cipla, ONGC, S. Kumars, Infosys, Mphasis & Zee.
*******weak stock futures***** (http://www.crnindia.com/)
Sobha, Ansal Infra, JP Asso, Alstom, PunjLloyd, Rel.Capital, Peninland, Unitech, BOI & Parsvnath
****Nifty**** ~ June 23~
Nifty future discount converted to premium of 1 point. Open interest decreased by 22 lacs today. (short covering---bullish)
***Options**** ~ June 23~
Nifty call options add 24lakh and put options shed 26 lakh in open interest. Thus open interest put-call ratio decreased to 1.19.(bearish)
********Fund flow*** ~June 20~
~FII index fut -1429cr
~FII stock fut +161cr
~FII cash -1012cr
~Mut cash +563cr (prov)
*******total fund flow -2039 cr today & nifty was down by 156 points.
*******So far net fund flow of -10600 cr in June series. (So far nifty is down in June series from 4835- the settlement price)
happy trading and investing.
- dr.jignesh shah

nifty analysis for june 23

RSI IS AT CROSSROADS....IF TAKES SUPPORT AT THE GREEN LINE, HEAVY RECOVERY IS POSSIBLE AND IF BREAKS IT HEAVY FALL IS POSSIBLE.

********Technicals*****
Nifty is in downtrend with target of 4250.
Support is at 4290-4250
Resistance is at 4400-4450
*********strong stock futures***** (http://www.crnindia.com/)
SRF, Lupin, Glaxo, NDTV, Ranbaxy, Sun Pharma, S.Kumars, Crompton Greaves, Mphasis & Cipla.
*******weak stock futures***** (http://www.crnindia.com/)
Ansal Infra, Sobha, JP Asso, APIL, Parsvnath, India Info, Bombay Dyeing, Penin Land, Century Text & GDL
****Nifty**** ~ June 20~
Nifty future discount decreased to 12 points. Open interest increased by 22lacs today. (new long position---bullish)
***Options**** ~ June 20~
Nifty call options add 23lakh and put options shed 10 lakh in open interest. Thus open interest put-call ratio decreased to 1.37.(bearish)
********Fund flow*** ~June 19~

~FII index fut -1291cr

~FII stock fut -154cr

~FII cash -374 cr

~Mut cash -99cr
*******total fund flow -1918 cr today & nifty was down by 78 points. (bearish)
*******So far net fund flow of - 8561cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR JUNE 20

********Technicals*****
Nifty is in consolidation.
Support is at 4500,4470.
Resistance is at 4550,4640.
*********strong stock futures***** (www.crnindia.com)
S.Kumars, ZEEL, NDTV, SRF, Chambal Fert, Aurobindo Pharma, Crompton Greaves, Praj Indus, Sun Pharma & Ranbaxy.
*******weak stock futures***** (www.crnindia.com)
Ansal Infra, APIL, Sobha, Unitech, JP Asso, BPCL, GMR Infra, Punjlloyd, Parsvnath & GDL.
****Nifty**** ~ June 19~
Nifty future discount decreased to 17 points. Open interest increased by 7 lacs today. (new long position---bullish)
***Options**** ~ June 19~
Nifty call options add 1.3lakh and put options shed 3 lakh in open interest. Thus open interest put-call ratio decreased to 1.52.(bearish)
********Fund flow*** ~June 18~
~FII index fut -682cr ~FII stock fut +133cr
~FII cash -476cr ~Mut cash +194cr (prov)
*******total fund flow -831 cr today & nifty was down by 70 points. (bearish)
*******So far net fund flow of -6643 cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

MY ANALYSIS FOR JUNE 19

CHART SHOWS THAT CONFUSION IN TECHNICALS OF NIFTY.
WHILE MACD IS GIVING BUY SIGNAL,RSI IS AT RESISTANCE LEVEL AND STOCHASTIC IS IN BUY MODE.
THAT'S WHY NIFTY SHOULD BE RANGE BOUND FOR FEW DAYS.

RSI(5), MOMENTUM, ROC STILL IN BUY MODE.

THIS CHART IS FOR SHORT TERM PLAYERS.

INTRADAY RSI SHOWS POSITIVE DIVERGENCE SO DOWNSIDE SHOULD BE LIMITED.

********Technicals*****
Nifty is in consolidation.
At higher levels selling pressure was seen and at lower levels short covering helped nifty to stay above 4550.
Support is at 4550,4500.
Resistance is at 4640,4700.
*********strong stock futures***** (http://www.crnindia.com/)
Ranbaxy, NDTV, SRF, Chambal Fert, Zee, S. Kumars, Aurobindo Pharma, Divi Lab, Crompton Greaves & sun Pharma.
*******weak stock futures***** (http://www.crnindia.com/)
Ansal Prop, Sobha, Alstom, GMR Infra, JP Asso, BPCL, Unitech, Parsvnath, Kesoram & Patel Eng.
****Nifty**** ~ June 18~
Nifty future discount decreased to 17 points. Open interest unchanged today.
***Options**** ~ June 18~
Nifty call options add 0.5 lakh and put options shed 0.6 lakh in open interest. Thus open interest put-call ratio remains at 1.54.

********Fund flow*** ~June 17~
~FII index fut +677cr
~FII stock fut -50cr
~FII cash +394cr
~Mut cash +420cr (prov)
*******total fund flow +1441 cr today & nifty was up by 80 points(BULLISH).
*******So far net fund flow of -5650 cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

MY ANALYSIS FOR JUNE 18

********RECAP OF WHAT I SAID**********

On June 9 ---‘’If today’s low not visited at all tomorrow then forget about further downside in markets.( I am now bullish about markets now for short term)’’(nifty closed at 4501)

On June 10---‘5 day RSI shows positive divergence( means nifty making lower bottom but RSI not).SUGGEST VERY BULLISH SIGN SO WE MAY SEE GOOD BOUNCE OR RALLY IN MARKET VERY SOON.’(nifty closed at 4450)

On June 12---‘I said that ‘Follow up buying required to sustain the upmove’ and it was there today.Now no need to say’ I am still bullish in short term’.’(nifty closed at 4539)

On June 13---‘OUR MARKET HAD SEEN FIVE TAILS IN LAST SEVEN DAYS.THEY ARE TAILS OR ROCKETS?I THINK THEY WILL ACT AS ROCKETS ONCE NIFTY CLOSE ABOVE Y'DAY HIGH OF 4550.WATCH FOR IT.’(nifty closed at 4517)

I HOPE ALL MY READERS OF THIS BLOG MUST HAVE TAKEN ADVANTAGE OF THIS.

********Technicals*****
Nifty should remain in consolidation range of 4500-4750 for few days.
so buying and shorting both opportunity will be available for traders
Nifty cleared the important resistance of 4640 on closing basis today.
Support is at 4620,4550.
Resistance is at 4700,4760.
*********strong stock futures***** (http://www.crnindia.com/)
Chambal Fert, Ranbaxy, Aurobindo Pharma, Divi Lab, S kumar, Lupin, Praj Ind, Crompton Greaves, BRFL & Nagar Fert
*******weak stock futures***** (http://www.crnindia.com/)
Ansal Prop, APIL, Sobha, BPCL, Patel Eng, Hind Petro, JP Asso, Wockhardt, GMR Infra & Shree Cem.
****Nifty**** ~ June 17~
Nifty future discount increased to 18 points. Open interest increased by 13 lakh today. ( new ‘short’ position---bearish)
***Options**** ~ June 17~
Nifty call options add 18 lakh and put options add 14 lakh in open interest. Thus open interest put-call ratio increased to 1.54.(bearish)
********Fund flow*** ~June 16~
((On june 13 mut funds +238 against prov +457cr))
~FII index fut +180cr
~FII stock fut +132cr
~FII cash -533cr
~Mut cash +293cr (prov)
*******total fund flow +72 cr today & nifty was up by 55 points. (bullish)
*******So far net fund flow of -7056 cr in June series. (So far nifty is down in June series from 4835- the settlement price)
happy trading and investing.
- dr.jignesh shah

my analysis for june 17

THIS CHART SHOWS THAT SHORT TERM TREND WILL BE UP.
RSI(5) - BREAKS DOWNTREND.
MOMENTUM- BREAKS DOWNTREND.
ROC- BREAKS DOWNTREND

RSI(14)- STILL IN DOWNTREND.

MACD- CONVERGING, TAKES SUPPORT AT TRENDLINE.

STOCHASTIC- IN BUY MODE.

********Technicals*****
Nifty in downtrend and is correcting upwards.
NIFTY CROSSED,SUSTAINED AND CLOSED ABOVE 4550.
But long upper shadow formed today.
Support is at 4550.
Resistance is at 4640,
*********strong stock futures***** (www.crnindia.com)
Chambal Fert, Ranbaxy, Crompton Greaves, Lupin, Aurobindo Pharma, Sun Pharma, Dr.Reddy, S.Kumars, Nagar Fert & Praj Indus
*******weak stock futures***** (www.crnindia.com)
Ansal Prop, APIL, JP Asso, GMR Infra, Hind Petro, LITL, Sobha, BPCL, Patel Eng & Century Textile.
****Nifty**** ~ June 16~
Nifty future decreased to 1 point. Open interest decreased by 14 lakh today. ( ‘short’ covering---bullish)
***Options**** ~ June 16~
Nifty call options add 2.5 lakh and put options add 1.3 lakh in open interest. Thus open interest put-call ratio decreased to 1.60.(bearish)
********Fund flow*** ~June 13~

~FII index fut +167cr

~FII stock fut +224cr

~FII cash -52cr

~Mut cash +457cr (prov)
*******total fund flow +796 cr today BUT nifty was down by 22 points.(BULLISH)
*******So far net fund flow of -6953 cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

my analysis for june 16

THIS CHART SHOWS RSI(14), MACD, SLOW STOCHASTIC.
BUY SIGNAL GENERATED IN PARABOLIC SAR, STOCHASTIC.
MACD IS CONVERGING.
BUT RSI STILL IN DOWNTREND.

THIS CHART SHOWS RSI(5), MOMENTUM, FAST STOCHASTIC.

********Technicals*****
Nifty in downtrend and is in consolidation range of 4400-4550. breakout will give direction.
Support is at 4470, 4410, 4350.
Resistance is at 4550,4640,
*********strong stock futures***** (www.crnindia.com)
Chambal Fert, Ranbaxy, Aurobindo Pharma, Lupin, Dr.Reddy, Nicholas Piramal, Sun Pharma, S.Kumars, Divi Lab & Crompton Greaves.
*******weak stock futures***** (www.crnindia.com)
Ansal Prop, LITL, Patel Eng, GMR Infra, Unitech, APIL, BPCL, India Info, Sobha & Hind Petro.

****Nifty**** ~ June 13~

Nifty future discount increased to 32 points. Open interest increased by 9 lakh today. (new ‘short’ position---bearish)
***Options**** ~ June 13~
Nifty call options add 7 lakh and put options add 10 lakh in open interest. Thus open interest put-call ratio remains at 1.61.
********Fund flow*** ~June 12~

~FII index fut -323cr

~FII stock fut -390 cr

~FII cash -1142 cr

~Mut cash +540cr (prov)
*******total fund flow -1315 cr today BUT nifty was up by 16 points.(bearish)
*******So far net fund flow of -7437 cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR JUNE 13

THIS CHART SHOWS THAT UPMOVE WILL BECOME STRONGER ONCE IT TRADES ABOVE TODAY'S HIGH.
RSI---breaks the short term trendline
MACD--turning positive
STOCHASTIC--continue in buy mode

THIS CHART SHOWS 5 DAY RSI AND ROC.

RSI-- breaks the trendline

ROC--breaks the trendline.

********Technicals*****
Nifty in downtrend and is correcting upwards.
Once again tail(long lower shadow) formed today.
I said that ‘Follow up buying required to sustain the upmove’ and it was there today.
Now no need to say’ I am still bullish in short term’.
Support is at 4470, 4410, 4350.
Resistance is at 4640,
*********strong stock futures***** (www.crnindia.com)
Lupin, Chambal Fert, Ranbaxy, Sun Pharma, Sterling Bio, Divi Lab, Hero Honda, Dr.Reddy, Nicholas Piramal & Aurobindo Pharma.
*******weak stock futures***** (www.crnindia.com)
LITL, Ansal Prop, Patel Eng, Unitech, BPCL, GMR Infra, APIL, Sobha, Shree Cem & Hind Petro.
****Nifty**** ~ June 12~
Nifty future discount decreased to 22 points. Open interest increased by 6 lakh today. (new ‘long’ position---very bullish)
***Options**** ~ June 12~
Nifty call options add 11 lakh and put options add 10 lakh in open interest. Thus open interest put-call ratio decreased to 1.61.(bearish)

*******mut. Fund flow data by sebi as follows*****~Mut cash +59cr on June 6 against +400 cr (PROV)
~Mut cash -41cr on June 9 against +1040cr (PROV)
~Mut cash -152cr on June 10 against +296cr (prov)
*******So far net fund flow of -7283 cr in june series upto june 10. (so far nifty is down in june series from 4835- the settlement price)
********Fund flow*** ~June 11~

~FII index fut +909cr

~FII stock fut +92cr

~FII cash -160 cr

~Mut cash +320cr
*******total fund flow + 1161cr today & nifty was up by 74 points.(bullish)
*******So far net fund flow of -6122 cr in June series. (So far nifty is down in June series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR JUNE 12

********Technicals*****
Nifty in downtrend and is correcting upwards.
today nifty closed above last two days closing.
Follow up buying required to sustain upmove otherwise nifty will go for consolidation in 4350-4550 range.( I am still bullish in short term)
Support is at,4470,4410,4350..
Resistance is at 4640,.
*********strong stock futures***** (www.crnindia.com)
Ranbaxy, Lupin, Nicholas Piramal, Orchid Chem, Dr.Reddy, Sterling Bio, Sun Pharma, Cipla, Jet Airways & Divi's Lab.
*******weak stock futures***** (www.crnindia.com)
Ansal Prop, Lanco, Unitech, India Info, GMR Infra, Patel Eng, Sobha, Peninland, Alstom & PunjLloyd
****Nifty**** ~ June 11~
Nifty future discount increased to 27 points. Open interest increased by 8 lakh today. (new ‘short’ position---bearish)
***Options**** ~ June 11~
Nifty call options shed 14 lakh and put options add 19 lakh in open interest. Thus open interest put-call ratio increased to 1.65.(bullish)

********Fund flow*** ~June 10~

~FII index fut-1057cr

~FII stock fut +99cr

~FII cash -844cr

~Mut cash +296cr (prov)
*******total fund flow -1506 cr today & nifty was down by 51 points.
*******So far net fund flow of -5416 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

my analysis for june 11

Nifty still at major support areas in price, rsi , macd, stochstic charts.
5 day RSI shows positive divergence( means nifty making lower bottom but RSI not).
SUGGEST VERY BULLISH SIGN SO WE MAY SEE GOOD BOUNCE OR RALLY IN MARKET VERY SOON.

in last 6 days we have seen 4 tails(long lower shadow) means markets have recovered from intraday low significantly suggest bulls are entering at lower levels.

********Technicals*****
Nifty still in downtrend.
Long lower shadow formed today also which is very bullish.(2nd day).
Above 4520 only nifty will see upmove otherwise sideway consolidation is possible in 4400-4500 range.(I am now bullish about markets now for short term.)
Support remains at,4400,4350..
Resistance is at 4520,.
*********strong stock futures***** (www.crnindia.com)
Ranbaxy, Lupin, Nicholas Piramal, Sun Pharma, JSW Steel, Devi Lab, Dr.Reddy, Cairn, Sun TV & Glaxo.
*******weak stock futures***** (www.crnindia.com)
Ansal Prop, Unitech, Lanco, Peninland, Bombay Dyeing, Sobha, India Info, Punj Lloyd, JP Asso & Patel Eng .
****Nifty**** ~ June 10~
Nifty future discount decreased to 9 points. Open interest increased by 13 lakh today. (new ‘long’ position---bullish)
***Options**** ~ June 10~
Nifty call options add 14 lakh and put options add 18 lakh in open interest. Thus open interest put-call ratio decreased to 1.48.
********Fund flow*** ~June 9~

~FII index fut -1077 cr

~FII stock fut +123 cr

~FII cash -1341 cr

~Mut cash +1040cr (PROV)
*******total fund flow -1255 cr today & nifty was down by 127 points.
*******So far net fund flow of -3910 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR JUNE 10

********Technicals*****
Nifty in downtrend.
Nifty at major support areas in price, rsi , macd, stochstic charts.
Long lower shadow formed today after gap down opening which is very bullish.
If today’s low not visited at all tomorrow then forget about further downside in markets.( I am now bullish about markets now for short term)
Support remains at 4500,4400..
Resistance is at 4540,46304720.
*********strong stock futures***** (www.crnindia.com)
Lupin, Cairn, Mphasis, Nicholas Piramal, National Alum, Sun Pharma, Ranbaxy, Jsw Steel, Infosys & Dr.Reddy.
*******weak stock futures***** (www.crnindia.com)
Unitech, Ansal Prop, Peninland, IDFC, Bombay Dyeing, India Info, Neyveli, Lanco, Bharat Petro & Sobha.
****Nifty****~June9~
Nifty future discount increased to 34 points. Open interest increased by 8 lakh today. (new short position)
***Options**** ~ June 9~
Nifty call options add 28 lakh and put options add 35 lakh in open interest. Thus open interest put-call ratio decreased to 1.50.
********Fund flow*** ~June 6~
~FII index fut +54 cr
~FII stock fut +253 cr
~FII cash +326 cr
~Mut cash +400 cr
*******total fund flow + 1033cr today BUT nifty was down by 49 points.
*******So far net fund flow of -2655 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

analysis for june 9

********Technicals*****
Nifty in downtrend.
Nifty at major support areas in price,rsi and macd charts.
If this support helds then recovery upto 4900 is possible otherwise nifty is heading for 4200.
Support remains at 4550,4500,4400..
Resistance is at 4720,4760.
*********strong stock futures***** (www.crnindia.com)
Infosys, HCL, Mphasis, ChambaI Fert, Sun TV, JSW Steel, Nicholas Piramal, Satyam, DR.Reddy & Jet Airways.
*******weak stock futures***** (www.crnindia.com)
Ansal Infra, LITL, Unitech, Triveni, PeninLand, Renuka, India Info, IOB, Indian Bank & BOB
****Nifty**** ~ June 6~
Nifty future premium converted to discount of 19 points. Open interest increased by 11 lakh today. (new short position)
***Options**** ~ June 6~
Nifty call options add 24 lakh and put options add 16 lakh in open interest. Thus open interest put-call ratio decreased to 1.53.

********Fund flow*** ~June 5~
~FII index fut +1035 cr
~FII stock fut -404 cr
~FII cash -1419 cr
~Mut cash +547cr
*******total fund flow -241 cr today BUT nifty was up by 91 points.(divergence in fund flow and market action)
*******So far net fund flow of -3683 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

analysis for june 6

********Technicals*****
Nifty in downtrend but correcting up.
Today swing reversal occurs with best volume in last few days.
Stochastic suggest that upmove should continue.
Support remains at 4550..
Resistance is at 4700,4825.
*********strong stock futures***** (www.crnindia.com)
ChambaI Fert, Wipro, JSW Steel, Infosys, DR.Reddy, Sun TV, Jet Airways, Divi Lab, HCL & Ranbaxy
*******weak stock futures***** (www.crnindia.com)
Ansal Infra, Triveni, Unitech, Renuka, LITL, BOI, Air Deccan, Indian Bank, Shree Cem & Balrampur Chini..
****Nifty**** ~ June 5~
Nifty future discount converted to premium of 3 points. Open interest decreased by 13 lakh today. (short covering)
***Options**** ~ June 5~
Nifty call options add 7 lakh and put options add 20 lakh in open interest. Thus open interest put-call ratio increased to 1.64.
********Fund flow*** ~June 4~
~FII index fut +82 cr
~FII stock fut+226 cr
~FII cash -877 cr
~Mut cash +185cr
*******total fund flow -384 cr today & nifty was down by 134 points.
*******So far net fund flow of -3442 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

for june 5

********Technicals*****
Nifty in downtrend.
Big black candle formed today. No sign of reversal yet.
RSI forming falling wedge and macd at support area so any upmove will also be very sharp.
Support remains at 4550,4500,4450.
Resistance is at 4740,4825
*********strong stock futures***** (www.crnindia.com)
IPCL, Nicholas Piramal, JSW Steel, Lupin, Chambal Fert, Ranbaxy, Infosys, Glaxo, Wipro & Dr.Reddy.
*******weak stock futures***** (www.crnindia.com)
Unitech, Air Deccan, Ansal Infa, Shree Cem, Rel.Energy, PeneinLand, Triveni, R.Capital, Sobha & JP Asso.
****Nifty**** ~ June 4~
Nifty future discount increased 16 points.. Open interest increased by 10 lakh today. (new short position)
***Options**** ~ June 4~
Nifty call options add 17 lakh and put options add 14 lakh in open interest. Thus open interest put-call ratio decreased to 1.59.
********Fund flow*** ~June 3~
~FII index fut -1395 cr
~FII stock fut -96 cr
~FII cash – 1005 cr
~Mut cash +124 cr
*******total fund flow -2372 cr today & nifty was down by 24 points.
*******So far net fund flow of -3058 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

TREND AND DATA ANALYSIS FOR JUNE 4

********Technicals*****
Nifty in downtrend.
Long lower shadow(hammer) formed which is bullish. But follow up buying is required for further upmove to sustain.
Support remains at 4625.
Resistance is at 4740,4825
*********strong stock futures***** (www.crnindia.com)
JSW Steel, Chambal Fert, Lupin, Devi Lab, Ranbaxy, Infosys, IFCI, Dr.Reddy, Sun Pharma & Nicholas Piramal.
*******weak stock futures***** (www.crnindia.com)
Air Deccan, Shree Cem, Unitech, Ansal Infa, PeneinLand, Balrampur Chini, Indian Bank, Triveni, IOB & Union Bank.
****Nifty**** ~ June 3~
Nifty future discount decreased 8 points.. Open interest increased by 19 lakh today. (new long position)
***Options**** ~ June 3~
Nifty call options add 10 lakh and put options add 13 lakh in open interest. Thus open interest put-call ratio decreased to 1.67.
********Fund flow*** ~May 30~
~FII index fut +32 cr.
~FII stock fut -364 cr
~FII cash +254 cr
~Mut cash +451cr
*******total fund flow +373 cr today & nifty was up by 35 points.
********Fund flow*** ~June 2~
~FII index fut -923 cr
~FII stock fut+390 cr
~FII cash -369 cr
~Mut cash -157cr
*******total fund flow -1059 cr today & nifty was down by 130 points.
*******So far net fund flow of -686 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

trend and data analysis for june 3

********Technicals*****
nifty is in perfect downtrend.
but looking at chart above rsi is at support level so better to cut shorts now and wait for any upmoves to short again.
strong support is at 4625.
resistance will be at 4835.
***Nifty**** ~ June 2~
Nifty future discount decreased 17 points.. Open interest increased by 20 lakh today. (new long position)
***Options**** ~ June 2~
Nifty call options add 18 lakh and put options add 8 lakh in open interest. Thus open interest put-call ratio decreased to 1.70.
********Fund flow*** ~May 30~
~FII index fut +32 cr.
~FII stock fut -364 cr
~FII cash +110 cr (prov.)
~Mut cash +730cr (prov.)
*******total fund flow +508 cr today & nifty was up by 35 points.
*******So far net fund flow of +508 cr in june series. (so far nifty is up in june series from 4835-the settlement price)
happy trading and investing.
- dr.jignesh shah