********Technicals*****Nifty is in downtrend.
*********strong stock futures***** (www.crnindia.com)
Orchid Chem, Glaxo, Lupin, Finan Tech, Sun Pharma, Dr.Reddy, Cipla, Ranbaxy, RPL & GTL
*******weak stock futures***** (www.crnindia.com)
Air Deccan, Ansal Infra, IFCI, Alok Text, Sobha, MRPL, RNRL, HCC, Adlabs Film & Educomp
****Nifty**** ~ July 1~
Nifty july future discount decreased to 64 points. Open interest increased by 3 lacs today. (new long position--- bullish)
***Options**** July 1~
Nifty call options add 20 lacs and put options add 14 lacs in open interest. Thus open interest put-call ratio decreased to 0.96.(bearish)
********Fund flow*** ~June 30~
~FII index fut -641cr
~FII stock fut +233cr
~FII cash -244cr(prov)
~Mut cash +291cr (prov)
*******total fund flow -361 cr today & nifty was down by 96 points.
*******So far net fund flow of -1667 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
