Friday, January 30, 2009

for jan 30

******India VIX cosed at 43.11 and is at trendline resistance, so if breaks above then can cause major panic in market.

--nifty feb future discount increased to 28 points thus cost of carry decreased.
--nifty open interest decreased by 97 lacs suggests long unwinding.
--put-call ratio increased to 1.09.
--implied volatility increased by 200 points suggests volatility.
--India VIX closed at 43.11, increased by 6% suggests volatility.
--US markets closed in red.
--Asian markets trading weak..
--Sgx nifty trading at 2780. (-5)
--idfc, gmr, icici, ifci, suzlon had highest rollover.
--ntpc, sail, unitech had lowest rollover.