********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
