NIFTY ANALYSIS FOR 8-8-8

********Technicals*****
Nifty is in uptrend.
Another long upper shadow formed today which is bearish.
Nifty seems to be consolidating it’s recent gain by trading in a range of 4450-4600. below it 4360 remains as solid support.

****Nifty**** ~ August 7~
Nifty august future premium decreased to 7 points. Open interest increased by 13 lacs today. ( new short ------ bearish)
***Options**** August 7~
Nifty call options add 10 lacs and put options add 16 lacs in open interest. Thus open interest put-call ratio increased to 1.33.(bullish)

This is list of 10 Strong Future Stocks:

Kesora mind, Ansal infra, PFC Triveni, IDBI, Penin Land, Bongairefn, MRPL, Essar Oil & DLF.
This is the list of 10 Weak Futures:

R.Com, NDTV, Nagar Const, Sun TV, Aban, Amtek, BEL, Finan Tech ,Strlin bio & GTL.

********Fund flow*** ~ August 6~

~FII index fut + 2332 cr!!!!!!!!!!!!!!

~FII stock fut – 153 cr

~FII cash + 1628 cr!!!!!!!!!!!!!

~Mut cash -383 cr
*******total fund flow +3424 cr today & nifty was up by 14 points.
*******So far net fund flow of +2523 cr in August series. (So far nifty is up in August series)

***********Past fund flow**********
~ Net fund flow of +6474 cr in July series. (Nifty +15 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