********Technicals*****
Nifty is in downtrend.
****Nifty**** ~ July 16~
Nifty july future discount decreased to 13 points. Open interest decreased by 5 lacs today. (short covering--- bullish)
***Options**** July 16~
Nifty call options add 18 lacs and put options add 2 lacs in open interest. Thus open interest put-call ratio decreased to 0.96.(bearish)
********Fund flow*** ~July 14~
~FII index fut – 103 cr
~FII stock fut - 328cr
~FII cash -212cr
~Mut cash +18cr
*******total fund flow -625 cr today & nifty was down by 9 points.
********Fund flow*** ~July 15~
~FII index fut –2268 cr
~FII stock fut -165 cr
~FII cash -680cr
~Mut cash -108cr
*******total fund flow -3221 cr today & nifty was down by 178 points.
*******So far net fund flow of -2380 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
