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