Nifty analysis for July 4

********Technicals*****
Nifty is in downtrend.

inside bar y'day means nifty traded in high-low of y'day.
*********strong stock futures***** (http://www.crnindia.com/)
Finan Tech, Glaxo, Renuka, Lupin, Orchid Chem, ONGC, GTL, Bata, Tatan & Cipla.
*******weak stock futures***** (http://www.crnindia.com/)
Air Deccan, Jet Airways, Sobha, IFCI, MRPL, Adlabs Film, S.Kumars, LITL, IOB & Nagar Fert
****Nifty**** ~ July 3~
Nifty july future discount increased to 46 points. Open interest increased by 12 lacs today. (new short --- bearish)
***Options**** July 3~
Nifty call options add 15 lacs and put options add 9 lacs in open interest. Thus open interest put-call ratio decreased to 1.00.(bearish)
********Fund flow*** ~July 2~
~FII index fut 1299cr

~FII stock fut +266cr

~FII cash -376cr

~Mut cash +300cr
*******total fund flow +1489 cr today & nifty was up by 197 points.
*******So far net fund flow of -603 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.
(correction- on july 1,mut fund sell 194cr in cash)

happy trading and investing.
- dr.jignesh shah