********Technicals*****
Nifty is trading sideways between 4200-4450.
Middle point is 4325.
So be bullish above 4325 or at 4200,
and be bearish below 4325 or near 4450.
***Nifty**** ~ August 29~
Nifty September future premium increased to 12 points. Open interest increased by 5 lacs today. (new long---bullish).
***Options**** August 29~
Nifty call options add 22 lacs and put options add 32 lacs in open interest. Thus open interest put-call ratio increased to 1.37.( bullish).
********Fund flow*** ~ August 28~
~FII index fut -376cr
~FII stock fut –142 cr
~FII cash +144 cr
~Mut cash -59 cr
*******total fund flow -433 cr today & nifty was down by 78 points.
****** net fund flow of -6641 cr in August series. (nifty was down 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)
~Net fund flow of -6641 cr in August series. (Nifty -119 in series, closed at 4214)
happy trading and investing.
-dr.jignesh shah
