***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 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
