********Technicals*****
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 21~
Nifty july future discount converted to premium of 6 points. Open interest decreased by 5 lacs today. (short covering --- bullish)
***Options**** July 21~
Nifty call options add 1.2 lacs and put options add 22 lacs in open interest. Thus open interest put-call ratio increased to 1.31.(bullish)
********Fund flow*** ~July 18~
~FII index fut + 1939cr !!!!!!!!!!!!!!!!!!!!!!
~FII stock fut +474 cr !!!!!!!!!!
~FII cash +589 cr !!!!!!!!!!
~Mut cash -130 cr
*******total fund flow +2872 cr today & nifty was up by 145 points.
*******So far net fund flow of +2909 cr in July series. (but 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
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 21~
Nifty july future discount converted to premium of 6 points. Open interest decreased by 5 lacs today. (short covering --- bullish)
***Options**** July 21~
Nifty call options add 1.2 lacs and put options add 22 lacs in open interest. Thus open interest put-call ratio increased to 1.31.(bullish)
********Fund flow*** ~July 18~
~FII index fut + 1939cr !!!!!!!!!!!!!!!!!!!!!!
~FII stock fut +474 cr !!!!!!!!!!
~FII cash +589 cr !!!!!!!!!!
~Mut cash -130 cr
*******total fund flow +2872 cr today & nifty was up by 145 points.
*******So far net fund flow of +2909 cr in July series. (but 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
