***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 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
