Thursday, July 10, 2008

FOR JULY 11


********Technicals*****
Nifty is in uptrend.
Nifty consolidating the recent gain today.
*********strong stock futures***** (www.crnindia.com)
Orchid Chem, Penin Land, PFC, Hind Petro, Crompton, Rel.Capital, Rolta, BHEL, Renuka & India Info.
*******weak stock futures***** (www.crnindia.com)
S.Kumar, Sobha, Moser Baer, BEML, Parsvnath, MRPL, Tata Motors, IOB, Shree Cem & LITL
****Nifty**** ~ July 10~
Nifty july future discount decreased to 16 points. Open interest decreased by 15 lacs today. (short covering--- bullish)
***Options**** July 10~
Nifty call options add 4.5 lacs and put options add 8 lacs in open interest. Thus open interest put-call ratio increased to 1.27.(bullish)
********Fund flow*** ~July 9~
~FII index fut +383cr
~FII stock fut +178cr
~FII cash -306cr
~Mut cash +205cr
*******total fund flow + 460cr today & nifty was up by 169 points.
*******So far net fund flow of +725 cr in July series. (So far 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