***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).
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
-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
