Friday, July 18, 2008


Nifty is now in consolidation with upward bias.
Resistance is at 4200.
Above 4200 nifty will be in strong rally with targets of 4700.
Support is at 3800.
****Nifty**** ~ July 18~
Nifty july future discount decreased to 15 points. Open interest increased by 4 lacs today. (new long --- bullish)
***Options**** July 18~
will update later.
********Fund flow*** ~July 17~
~FII index fut +2433cr !!!!!!!!!!!!!
~FII stock fut – 57cr
~FII cash +566cr !!!!!!!!!!!!!!!!!!
~Mut cash +11 cr
*******total fund flow +2953 cr today & nifty was up by 130 points.
*******So far net fund flow of +37 cr in July series. (but 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