********Technicals*****
Nifty is trading sideways between 4200-4450.
Today triangle breaks on the downside so more downside is possible.
***Nifty**** ~ August 27~
Nifty august future premium converted to discount of 2 points. Open interest increased by 2 lacs today. ( new short---bearish).
***Options**** August 27~
Nifty call options add 14 lacs and put options add 0.6 lacs in open interest. Thus open interest put-call ratio decreased to 1.03.(bearish).
********Fund flow*** ~ August 26~
~FII index fut +8 cr
~FII stock fut –24 cr
~FII cash -506 cr
~Mut cash 81 cr
*******total fund flow -441 cr today & nifty was up by 2 points.
*******So far net fund flow of -6881 cr in August series. (So far nifty was up in August series)
***********Past fund flow**********
~ Net fund flow of +6474 cr in July series. (Nifty +18 in series, closed at 4333)
~ Net fund flow of -8071 cr in June series (Nifty -520 in series, closed at 4315)
happy trading and investing.
-dr.jignesh shah
