Monday, July 14, 2008

NIFTY ANALYSIS FOR JULY 15


********Technicals*****
Nifty is in uptrend.
*********strong stock futures***** (http://www.crnindia.com/)
Dabur, India Info, Star, NTPC, Siemens, Hind Petro, Peninland, Voltas, SBI & Orchid Chem.
*******weak stock futures***** (http://www.crnindia.com/)
Moser Baer, Sobha, S.Kumar, BEML Parsvnath, Nagar Const, Indian Bank, IFCI, Alok Text & IOB.
****Nifty**** ~ July 14~
Nifty july future discount decreased to 12 points. Open interest decreased by 18 lacs today. (short covering--- bullish)
***Options**** July 14~
Nifty call options add 10 lacs and put options add 14 lacs in open interest. Thus open interest put-call ratio increased to 1.22.(bullish)
********Fund flow*** ~July 11~
~FII index fut + 715cr
~FII stock fut - 21cr
~FII cash -329cr
~Mut cash +120cr
*******total fund flow +485 cr today but still nifty was down by 113 points.!!!!!!!!!! (bullish)
*******So far net fund flow +1466 cr in July series. (but nifty is down in July series from 4315- the settlement price)----bullish.
******* Net fund flow of -8071 cr in June series
happy trading and investing.
- dr.jignesh shah