Friday, August 29, 2008

for august 29

********Technicals*****
Nifty is trading sideways between 4200-4450.
Middle point is 4325..

***Nifty**** ~ August 28~
Nifty September future discount converted to premium of 9 points. Open interest decreased by 70 lacs today. (short covering---bullish).
***Options**** August 28~
new series open interest put-call ratio is at 1.36
********Fund flow*** ~ August 27~
~FII index fut +224cr
~FII stock fut +168 cr
~FII cash +280 cr
~Mut cash +1 cr
*******total fund flow +673 cr today & nifty was down by 44 points.
*******So far net fund flow of -6208 cr in August series. (So far nifty is down in August series)