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