Nifty Analysis for Oct 1

***Technicals
Nifty is in terminal phase of downtrend and is correcting upwards.
Downside supports are at 3880, 3800.
Resistance will be at 4010, 4080.
Above 4120 downtrend will be terminated.
***Derivatives (September 30)
-Nifty (October) future premium decreased to 6 points and around 6 lakh shares were shed in open interest with decrease in the cost of carry, indicating long unwinding at higher levels.
-Nifty call option add 9 lakh shares in open interest, whereas put option add 18 lakh shares in open interest. Thus open interest put-call ratio increased to 0.93.
-Implied volatility has decreased marginally which indicate stability in the coming days.
***Fund flow (September 29)
~FIIs net in Index fut. – 480 cr
~FIIs net in Stock Fut. – 66 cr
~FIIs in Cash Market + 387 cr!!!!!!!!!!!!!!!!
~Mut Funds in Cash Market - 38 cr
***total fund flow – 197 cr today & nifty was down by 135 points.
*** So far net fund flow of – 992 cr in October series. (Nifty is also down in October series).

***Past fund flow
-8071 cr in June series (-520), closed at 4315.
+6474 cr in July series (+18), closed at 4333.
-6641 cr in August series (-119), closed at 4214.
-6903 cr in September series (-104), closed at 4110.
Happy trading and investing.
-Dr.Jignesh Shah

NIFTY REPORT FOR SEPT 30

***Technicals
Nifty is in terminal phase of downtrend.
Downside supports are at 3800,3750,3600.
Resistance will be at 3930,3990,4056.
***Derivatives (September 29)
-Nifty (October) future premium decreased to 9 points and around 14 lakh shares were added in open interest with decrease in the cost of carry, indicating new short position at higher levels.
-Nifty call option add 43 lakh shares in open interest, whereas put option add 7 lakh shares in open interest. Thus open interest put-call ratio decreased to 0.90.
-Implied volatility has increased by 500-600 points which indicates high volatility in the coming days.
***Fund flow (September 26)
~FIIs net in Index fut. – 158 cr
~FIIs net in Stock Fut. + 34 cr
~FIIs in Cash Market - 604 cr
~Mut Funds in Cash Market - 67 cr
***total fund flow – 795 cr today & nifty was down by 125 points.
*** So far net fund flow of – 795 cr in October series. (Nifty is also down in October series).
***Past fund flow
-8071 cr in June series (-520), closed at 4315.
+6474 cr in July series (+18), closed at 4333.
-6641 cr in August series (-119), closed at 4214.
-6903 cr in September series (-104), closed at 4110.
Happy trading and investing.
-Dr.Jignesh Shah

Nifty Analysis for September 26

***Technicals
Nifty is in downtrend but trading sideways almost between 4100-4300 since 5 days.
Downside supports at 4056, 3992.
Resistance will be at 4163, 4190, 4217, 4245, and 4310.
***Derivatives (September 25)
-Nifty (october) future premium increased to 48 points!!!!!!!!!!!! and around 26 lakh shares were added in open interest with increase in the cost of carry, indicating new long position at lower levels.
-October series started with 2.73 crore shares in open interest in nifty and only 19,700 crore open interest in stock futures.
-October series has started with put call ratio of 1.17.
-Market wide rollover was 76%, whereas rollover in Nifty futures was 63%.
***Fund flow (September 24)
~FIIs net in Index fut. – 151 cr
~FIIs net in Stock Fut. + 41 cr
~FIIs in Cash Market - 174 cr
~Mut Funds in Cash Market + 31 cr
***total fund flow - 253 cr today & nifty was up by 35 points.
*** So far net fund flow of – 5670 cr in September series. (Nifty is also down in September series).
***Past fund flow
-8071 cr in June series (-520), closed at 4315.
+6474 cr in July series (+18), closed at 4333.
-6641 cr in August series (-119), closed at 4214.

Happy trading and investing.
-Dr.Jignesh Shah

NIFTY ANALYSIS FOR SEPTEMBER 25

***Technicals
Nifty is in downtrend but trading sideways between 4100-4300 since 4 days.
Downside supports at 4111, 4056, 3992.
Resistance will be at 4200, 4245, 4310.
***Derivatives (September 24)
-Nifty (September) future premium increased to 19 points and around 3 lakh shares were shed in open interest with increase in the cost of carry, indicating short covering at lower levels.
-Nifty call option add 12 lakh shares in open interest, whereas put option add 8 lakh shares in open interest. Thus open interest put-call ratio decreased to 0.94.
-Implied volatility has decreased marginally which indicates stability in the coming days.
***Fund flow (September 23)
~FIIs net in Index fut. – 803 cr
~FIIs net in Stock Fut. – 80 cr
~FIIs in Cash Market - 868 cr
~Mut Funds in Cash Market - 226 cr
***total fund flow - 1977 cr today & nifty was down by 96 points.
*** So far net fund flow of -5417 cr in September series. (Nifty is also down in September series).
***Past fund flow
-8071 cr in June series (-520), closed at 4315.
+6474 cr in July series (+18), closed at 4333.
-6641 cr in August series (-119), closed at 4214.

Happy trading and investing.
-Dr.Jignesh Shah

NIFTY OUTLOOK FOR SEPT 24

***Technicals
Nifty is in downtrend.
Downside supports at 4111, 4056, 3992.
Resistance will be at 4200,4245,4310.
***Derivatives (September 23)
-Nifty (September) future premium increased to 16 points and around 16 lakh shares were added in open interest with increase in the cost of carry, indicating new long position at lower levels.
-Nifty call option add 14 lakh shares in open interest, whereas put option shed 9 lakh shares in open interest. Thus open interest put-call ratio decreased to 0.95.
-Implied volatility has increased marginally which indicates high volatility in the coming days.
***Fund flow (September 22)
~FIIs net in Index fut. + 534 cr
~FIIs net in Stock Fut. + 287 cr
~FIIs in Cash Market +111 cr
~Mut Funds in Cash Market -332 cr
***total fund flow + 600 cr today & still nifty was down by 47 points.
*** So far net fund flow of – 3440 cr in September series.
***Past fund flow
-8071 cr in June series (Nifty -520 in series, closed at 4315)
+6474 cr in July series. (Nifty +18 in series, closed at 4333)
-6641 cr in August series. (Nifty -119 in series, closed at 4214)

Happy trading and investing.
-Dr.Jignesh Shah

FOR SEPT 23

***Technicals
Nifty is in downtrend and is correcting upwards.
Upside targets of corrective upmove was at 4310 and achieved also.
Below 4050 downtrend can resume again.
Above 4450 nifty will be in uptrend.
4148 is 8 SMA which will provide support on downside.
***Derivatives (September 22)
-Nifty (September) future premium decreased to 12 points and around 11 lakh shares were added in open interest with decrease in the cost of carry, indicating new short position at higher levels.
-Nifty call option shed 7 lakh shares in open interest, whereas put option added 12 lakh shares in open interest. Thus open interest put-call ratio increased to 1.00.
-Implied volatility has increased by 500 basis points which indicates high volatility in the coming days.
***Fund flow (September 19)
~FIIs net in Index fut. + 2947 cr !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
~FIIs net in Stock Fut. + 867 cr
~FIIs in Cash Market +1168 cr !!!!!!!!!!!!!!
~Mut Funds in Cash Market +168 cr
***total fund flow + 5150 cr !!!!!!!!!! today & nifty was up by 207 points.
*** So far net fund flow of – 4040 cr in September series.

***Past fund flow
-8071 cr in June series (Nifty -520 in series, closed at 4315)
+6474 cr in July series. (Nifty +18 in series, closed at 4333)
-6641 cr in August series. (Nifty -119 in series, closed at 4214)

Happy trading and investing.
-Dr.Jignesh Shah

START INVESTING IN MUTUAL FUNDS

This year markets have corrected from 6300 to 3800 (nifty) and from 21000 to 14000 (sensex). This has been substantial and a further cut of 20-30% is possible.
Time wise, the correction can last for another year in which a lot of sideways (timewise) correction is possible.
Since one can never catch the bottom and the long term is bullish, it makes sense to start investing systematically in mutual funds.
All AMCs offer SIP (systematic investment plan) and these are best when markets are correcting. Since the correction has been substantial, the timing to start this is now.
An advantage of SIP is it is cost based which means the amount you invest is fixed every month. You can start with even Rs.1000/- pm and as markets correct, you get more units but if markets rally, you get fewer units.Rs.1000/- pm is not much and will be a forced saving anyway as it is invest and forget.
The benefits of compounding will also kick in and these are substantial.You will need to have a time frame of 5-7 years at the very least and you can start with 2-3 funds.
---KAMLESH LANGOTE
http://www.vfmdirect.com/

Bigger bull run yet to come: Rakesh Jhunjhunwala.

Rakesh Jhunjhunwala is India’s most successful investors; one of the stock market’s most successful stories. The sometimes maverick, often mercurial but always a respected voice. He is a wealth creator and a man who anyone who enters the stock market wants to be.

Here is a verbatim transcript of Investor and Trader, Rakesh Jhunjhunwala' s exclusive interview with Mitali Mukherjee on CNBC TV18's Wealth Creators show. Also watch the accompanying video.

Published on Sat, Sep 20, 2008 at 20:16 , Updated at Mon, Sep 22, 2008 at 10:15 http://www.moneycon trol.com/ mccode/news/ article/news_ article.php? autono=356959
Source : CNBC-TV18

NIFTY ANALYSIS FOR SEPT 22

***Technicals
Nifty is in downtrend and is correcting upwards.
Upside targets of corrective upmove were 4130, 4220 which achieved today, above it target is at 4310 and maximum upto 4470.
***Derivatives (September 19)
-Nifty (September) future premium increased to 27 points and around 24 lakh shares were added in open interest with increase in the cost of carry, indicating new long position at lower levels.
-Nifty call option shed 42 lakh shares in open interest, whereas put option added 20 lakh shares in open interest. Thus open interest put-call ratio increased to 0.96.
-Implied volatility has decreased by 800-950 basis points (up to 36-40 %), which indicates stability in the coming days.
***Fund flow (September 18)
~FIIs net in Index fut. + 512 cr
~FIIs net in Stock Fut. + 44 cr
~FIIs in Cash Market - 599 cr
~Mut Funds in Cash Market + 940 cr
***total fund flow + 897 cr today & nifty was up by 30 points.
*** So far net fund flow of – 9190 cr in September series.

***Past fund flow
~ Net fund flow of -8071 cr in June series (Nifty -520 in series, closed at 4315)
~ Net fund flow of +6474 cr in July series. (Nifty +18 in series, closed at 4333)
~Net fund flow of -6641 cr in August series. (Nifty -119 in series, closed at 4214)

Happy trading and investing.
-Dr.Jignesh Shah

FOLLOW UP DOW CHART

ON wednesday at 10.30 pm when I received lots of panic calls from friends I look at dow chart from coldaro, and then I notice positive divergence in RSI in hourly charts.
promptly I posted same over here stating that 'panic will end very soon'.
now look at the chart,positive divergence worked very well and dow had broken out from falling wedge.(dow closed up by 400 points)
unfortunatly i have to delete my earlier post as subsequently all my posts shows same date and time, any help? what to do?
any site which provides hourly charts of nifty or sensex with rsi?

Nifty Analysis For September 19

***Technicals
Nifty is in downtrend and is correcting upwards.
3800 target also achieved today which I felt that would be difficult to achieve.
Another long lower shadow formed today which is bullish.
Double bottom formed at 3800 is also bullish.
Upside target of corrective upmove will be 4130, 4220.
Below 3800 downtrend will resume again.

***Derivatives (September 18)
-Nifty (September) future premium increased to 6 points and around 6 lakh shares were shed in open interest with increase in the cost of carry, indicating short covering at lower levels.

-Nifty call option shed 3 lakh shares in open interest, whereas put option added 6 lakh shares in open interest. Thus open interest put-call ratio increased to 0.83 from 0.82.

-Implied volatility has increased by 400-450 basis points(upto 45-53%%), which indicates high volatility in the coming days.

***Fund flow (September 17)
~FIIs net in Index fut. + 268 cr
~FIIs net in Stock Fut. + 196 cr
~FIIs in Cash Market - 1333 cr
~Mut Funds in Cash Market + 410 cr
***total fund flow – 459 cr today & nifty was down by 67 points.
*** So far net fund flow of - 10087cr in September series. (Nifty is also down in September series).
***Past fund flow
~ Net fund flow of -8071 cr in June series (Nifty -520 in series, closed at 4315)
~ Net fund flow of +6474 cr in July series. (Nifty +18 in series, closed at 4333)
~Net fund flow of -6641 cr in August series. (Nifty -119 in series, closed at 4214)

happy trading and investing.
-dr.jignesh shah

NO NEED FOR PANIC PLEASE

today nifty make bottom at 3799 against previous bottom of 3790 making a case for double bottom thus our markets now look safe for decent upside not only in short term but also in medium term.
today our markets open with gap which is third in a row which generally gets exhausted very fast.
in last 3 days our markets had formed long lower shadow which is very bullish in addition if close above 3900 today then today alos long lower shadow will be formed.
in addition dow jones also looks good on charts for short term.
nifty put call ratio was at 0.83 y'day that also favours that bottom is very near.
in a nutshell i feel that this is best time to invest in our markets right now.
for traders trading should be avoided in this volatile times.
in
-jignesh

follow up dow chart

Nifty Analysis For Sept 17

***Technicals
Nifty is in downtrend.
Another long lower shadow formed today which is very bullish.
Above 4100 nifty can bounce back upto 4300.
Most probably nifty now will remain sideway in 3950-4300 range.

***Derivatives (September 16)
-Nifty (September) future discount converted to premium of 16 points and around 7 lakh shares were shed in open interest with increase in the cost of carry, indicating short covering at lower levels.
-Nifty call option added 32 lakh shares in open interest, whereas put option added 6 lakh shares in open interest. Thus open interest put-call ratio decreased to 0.84.
-Implied volatility has decreased by 100-150(upto 40-45%%), which indicates stability in the coming days.

***Fund flow (September 15)
~FIIs net in Index fut. + 240 cr
~FIIs net in Stock Fut. + 580 cr
~FIIs in Cash Market -629 cr
~Mut Funds in Cash Market + 122 cr
***total fund flow +313 cr today & still nifty was down by 155 points!!!!!!!!!.
*** So far net fund flow of – 7603 cr in September series. (Nifty is also down in September series).
***Past fund flow
~ Net fund flow of -8071 cr in June series (Nifty -520 in series, closed at 4315)
~ Net fund flow of +6474 cr in July series. (Nifty +18 in series, closed at 4333)
~Net fund flow of -6641 cr in August series. (Nifty -119 in series, closed at 4214)

happy trading and investing.
-dr.jignesh shah

Nifty Outlook For Sept 16

P&F CHART SHOWS THAT OVERALL DOWNTREND TARGET WILL BE 3400 IN LONG TERM.

***Technicals
4200 broken today and nifty is now in downtrend.
Target of 3960 achieved today below it target will be at 3800 which is a difficult target to achieve in immediate short term.
Most probably nifty now will remain sideway in 3950-4300 range.

***Derivatives (September 15)
-Nifty (September) future premium converted to discount of 4 points and around 10 lakh shares were shed in open interest with decrease in the cost of carry, indicating long unwinding at higher levels.
-Nifty call option added 31 lakh shares in open interest, whereas put option added 1 lakh shares in open interest. Thus open interest put-call ratio decreased to 0.87.
-Implied volatility has increased by 650-700(upto 45-50%), which indicates high volatility in the coming days.
***Fund flow (September 12)
~FIIs net in Index fut. –436 cr
~FIIs net in Stock Fut. – 383cr
~FIIs in Cash Market -856 cr
~Mut Funds in Cash Market +210 cr
***total fund flow -1465 cr today & nifty was down by 62 points.
*** So far net fund flow of -7916 cr in September series.
***Past fund flow
~ Net fund flow of -8071 cr in June series (Nifty -520 in series, closed at 4315)
~ Net fund flow of +6474 cr in July series. (Nifty +18 in series, closed at 4333)
~Net fund flow of -6641 cr in August series. (Nifty -119 in series, closed at 4214)

happy trading and investing.
-dr.jignesh shah

nifty chart for today

As SGX nifty is trading at 4095 nifty will be in downtrend with channel as shown in chart.

''We expect the Sensex to repeatedly touch both extremes of the 13,000-16,000 band in the next six months. At each extreme, investors should prepare portfolios for a market move to the other''...Credit Suisse

pl. read http://www.stateofthemarket.net/tradingnotes.htm

-jignesh

Nifty Analysis For Sept 15

***Technicals
Nifty is in 4200-4550 range since many days and 4200 tested second time. So chances of 4200 support get violated are very high now.
Below 4200 (14000 in sensex) downtrend will begin with targets of 4110,3960, 3800.
If 4200 held intact then nifty can bounce back up to 4450.

***Derivatives (September 12)

-Nifty (September) future premium increased to 17 points and around 13 lakh shares were added in open interest with increase in the cost of carry, indicating new long at lower levels.
-Nifty call option added 26 lakh shares in open interest, whereas put option shed 1 lakh shares in open interest. Thus open interest put-call ratio decreased to 0.94.
-Implied volatility has increased marginally, which indicates high volatility in the coming days.

***Fund flow (September 11)
~FIIs net in Index fut. -1233 cr
~FIIs net in Stock Fut. –191 cr
~FIIs in Cash Market -1410 cr

~Mut Funds in Cash Market -51 cr
***total fund flow -2885 cr today & nifty was down by 110 points.
*** So far net fund flow of -6451 cr in September series. (Nifty is up in September series). This suggests that upside will be limited only.

***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

for sept 12

***Technicals
Nifty breaks the important support of 4330-4350 and closed below it.
Now 4200 (14000 in sensex) is last hope and support below which downtrend will begin with targets of 3800, 3600, 3400.
Meanwhile nifty can bounce back up to 4450.

***Derivatives (September 11)
-Nifty (September) future premium decreased to 14 points and around 2 lakh shares were added in open interest with decrease in the cost of carry,indicating new short at higher levels.
-Nifty call option added 38 lakh shares in open interest, whereasput option shed 17 lakh shares in open interest.Thus open interest put-call ratio decreased to 1.00.
- implied volatility has increased by around 300-350 basis points across
different strike prices, which indicates high volatility in the coming
days.

***Fund flow (September 10)
~FIIs net in Index fut. -1016 cr
~FIIs net in Stock Fut. -485 cr
~FIIs in Cash Market -870 cr
~Mut Funds in Cash Market +115 cr
***total fund flow -2256 cr today & nifty was down by 68 points.
*** so far net fund flow of -3566 cr in September series. (nifty is up in September series). This suggests that upside will be limited only.
***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

Nifty Outlook For Sept 11

***Technicals

Nifty trading sideway with downward bias.
RSI and stochastics still in triangle.
***Derivatives (September 10)

Nifty (September) future premium decreased to 17 points and around 30 lakh shares were added in open interest with decrease in the cost of carry, indicating new short at higher levels.

Nifty open interest put-call ratio decreased to 1.16

***Fund flow (September 9)

~FIIs net in Index fut. +450 cr

~FIIs net in Stock Fut. –577 cr

~FIIs in Cash Market -186 cr

~Mut Funds in Cash Market -214 cr

***total fund flow -527cr today & nifty was down by 14 points.

*** so far net fund flow of -1310 cr in September series. (nifty is up in September series). This suggests that upside will be limited only.

Nifty Analysis For Sept 10

********Technicals*****

Nifty breaks the triangle on upside y’day but RSI and stochastics still in triangle.
But now RSI at make or break level so tomorrow’s closing will be important to decide short term trend.
***Nifty**** ~ September 9~

Nifty (September) future premium decreased to 20 points and around 5 lakh shares were added in open interest with decrease in the cost of carry, indicating new short at higher levels.
***Options**** ~September 9~

Nifty call option added 17 lakh shares in open interest, whereas put option added 10 lakh shares in open interest.Thus open interest put-call ratio decreased to 1.28.
********Fund flow*** ~ September 8~

~FII index fut + 954 cr!!!!!!!!!!

~FII stock fut –147cr

~FII cash +758 cr!!!!!!!!

~Mut cash +100 cr

*******total fund flow +1665 cr today & nifty was up by 130 points.

****** so far net fund flow of -783 cr in September series. (nifty is up in September series).This suggest that upside will be limited only.

***********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

NIFTY ANALYSIS FOR SEPT 9

********Technicals***** ~September 8~
Nifty breaks the triangle on upside but RSI and stochastics still in triangle so sideway trend should continue with negative bias in the now 4200-4550 range.
Head and shoulder is also forming which is very bearish
***Nifty**** ~ September 8~
Nifty (September) future premium increased
to 24 points and around 1 lakh shares were added in open
interest. with increase in the cost of carry,
indicating new long at lower levels.
***Options**** ~September 8~
Nifty call option added 10.6 lakh shares in open interest, whereas
put option added 22 lakh shares in open interest.Thus open interest put-call ratio increased to 1.31 from 1.28.

********Fund flow*** ~ September 5~
~FII index fut – 633 cr
~FII stock fut – 743 cr
~FII cash -1737 cr!!!!!!!!!!!
~Mut cash -99 cr
*******total fund flow -3212 cr today & nifty was down by 95 points.
****** so far net fund flow of -2448 cr in September series. (nifty is up in September series).Thus upside if any in market will be limited only.
***********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

Nifty Analysis For September 8

Learning without thinking begets ignorance.Thinking without learning is dangerous.
~ Confucius

********Technicals***** ~September 5~

Nifty,RSI and stochastics now in triangle and breakout will give direction.
As y’day NSG deal is signed I expect our markets to open gap up by at least 100-150 points in nifty, so nifty should open above 4450….
Now if 4522 is taken out on closing basis then we will be in uptrend with targets of 4640,4800.
***Nifty**** ~ September 5~

Nifty (September) future premium increased to 16 points and around 8 lakh shares were added in open interest with increase in the cost of carry, indicating new long at lower levels.

********Fund flow*** ~ September 4~

~FII index fut – 1337 cr!!!!!!!!!!!!!!!

~FII stock fut – 832 cr

~FII cash -399 cr

~Mut cash +134 cr

*******total fund flow -2434 cr today & nifty was down by 56 points.

****** so far net fund flow of +764 cr in September series. (nifty is up in September 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

NIFTY INTRADAY ANALYSIS

NIFTY AT MAJOR SUPPORT AREA OF 4330, ONE CAN BUY HERE FOR DECENT INTRADAY UPSIDE

NIFTY ANALYSIS FOR SEPT 5

********Technicals***** ~September 4~

Nifty traded in between y’day’s high and low.
As discussed y’day it did not cross 4540 and traded below 4450 so now nifty will be sideways with downward bias.
Nifty,RSI and stochastics now in triangle and breakout will give direction.
***Nifty**** ~ September 4~

Nifty (September) future premium decreased from 12.80 points
to 8.30 points and around 2.20 lakh shares were shed in open
interest with decrease in the cost of carry,
indicating long closure at higher levels. (bearish)
***Options**** ~September 4~

Nifty call option added 15.70 lakh shares in open interest, whereas put option added 14.50 lakh shares in open interest.

Thus open interest put-call ratio decreased to 1.36.( bearish).

Implied volatility has increased by around 150-200 basis points across
different strike prices indicating that volatility will remain high in
the coming days.
********Fund flow*** ~ September 2~

~FII index fut + 2078cr!!!!!!!!!!!

~FII stock fut – 524 cr

~FII cash +1337 cr!!!!!!!!!

~Mut cash +116 cr

*******total fund flow + 3007 cr today & nifty was up by 155 points.

****** so far net fund flow of + 3198 cr in September series. (nifty is up in September 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

NIFTY ANALYSIS FOR SEPTEMBER 4

WHETHER NIFTY WILL CROSS THE 4540 OR NOT WILL DEPEND ON DOW AND CRUDE.
SO IF DOW CROSSES 11860 AND CRUDE BREAKS 106 ON CLOSING BASIS THEN AND THEN ONLY, WE WILL BE IN UPTREND, OTHERWISE CHANCES OF DOWNTREND ARE VERY VERY HIGH..........

********Technicals***** ~September 2~
Breakout from sideway trend occurs with a bang.
Now follow up buying is required to claim for uptrend.
If nifty trades and closes above 4540 then uptrend will resume with targets of 4640,4770.
But if nifty again trades below 4450 without trading above 4540 then nifty will be again sideways with downward bias.
***Nifty**** ~ September 2~
Nifty (September) future premium increased from 1.75 points
to 12.55 points. Around 12.80 lakh shares
were added in open interest with an increase in the cost of carry,
indicating long accumulation.
***Options**** ~September 2~
Nifty call option added 11.70 lakh shares in open interest, whereas
put option added 30.54 lakh shares in open interest Thus open interest put-call ratio increased to 1.39.On the option front, implied volatility
has increased marginally, which indicates that volatility will remain
high in the coming days
*******Fund flow*** ~ September 1~
~FII index fut -200cr
~FII stock fut – 64cr
~FII cash -172 cr
~Mut cash -81 cr
*******total fund flow -517 cr today & nifty was down by 11 points.
****** so far net fund flow of +191 cr in September series. (nifty is up in September 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

NIFTY ANALYSIS FOR SEPTEMBER 2

********Technicals***** ~September 1~
Nifty is trading sideways between 4200-4450 since 11 days.Last 5 day high is 4369 and above it nifty will be in upmove(not uptrend) with target of 4450,4540.
***Nifty**** ~ September 1~
Nifty September future premium decreased to 2 points. Open interest decreased by 2 lacs today. ( long unwinding---bearish).
***Options**** ~September 1~
Nifty call options add 18 lacs and put options add 17 lacs in open interest. Thus open interest put-call ratio decreased to 1.33.( bearish).
********Fund flow*** ~ August 29~
~FII index fut + 1015 cr
~FII stock fut –448 cr
~FII cash -257 cr
~Mut cash +398 cr
*******total fund flow +708 cr today & nifty was up by 144 points.
******so far net fund flow of +708cr in September series. (nifty is up in September 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