ANALYSIS FOR JUNE 12

********Technicals*****
Nifty in downtrend and is correcting upwards.
today nifty closed above last two days closing.
Follow up buying required to sustain upmove otherwise nifty will go for consolidation in 4350-4550 range.( I am still bullish in short term)
Support is at,4470,4410,4350..
Resistance is at 4640,.
*********strong stock futures***** (www.crnindia.com)
Ranbaxy, Lupin, Nicholas Piramal, Orchid Chem, Dr.Reddy, Sterling Bio, Sun Pharma, Cipla, Jet Airways & Divi's Lab.
*******weak stock futures***** (www.crnindia.com)
Ansal Prop, Lanco, Unitech, India Info, GMR Infra, Patel Eng, Sobha, Peninland, Alstom & PunjLloyd
****Nifty**** ~ June 11~
Nifty future discount increased to 27 points. Open interest increased by 8 lakh today. (new ‘short’ position---bearish)
***Options**** ~ June 11~
Nifty call options shed 14 lakh and put options add 19 lakh in open interest. Thus open interest put-call ratio increased to 1.65.(bullish)

********Fund flow*** ~June 10~

~FII index fut-1057cr

~FII stock fut +99cr

~FII cash -844cr

~Mut cash +296cr (prov)
*******total fund flow -1506 cr today & nifty was down by 51 points.
*******So far net fund flow of -5416 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

my analysis for june 11

Nifty still at major support areas in price, rsi , macd, stochstic charts.
5 day RSI shows positive divergence( means nifty making lower bottom but RSI not).
SUGGEST VERY BULLISH SIGN SO WE MAY SEE GOOD BOUNCE OR RALLY IN MARKET VERY SOON.

in last 6 days we have seen 4 tails(long lower shadow) means markets have recovered from intraday low significantly suggest bulls are entering at lower levels.

********Technicals*****
Nifty still in downtrend.
Long lower shadow formed today also which is very bullish.(2nd day).
Above 4520 only nifty will see upmove otherwise sideway consolidation is possible in 4400-4500 range.(I am now bullish about markets now for short term.)
Support remains at,4400,4350..
Resistance is at 4520,.
*********strong stock futures***** (www.crnindia.com)
Ranbaxy, Lupin, Nicholas Piramal, Sun Pharma, JSW Steel, Devi Lab, Dr.Reddy, Cairn, Sun TV & Glaxo.
*******weak stock futures***** (www.crnindia.com)
Ansal Prop, Unitech, Lanco, Peninland, Bombay Dyeing, Sobha, India Info, Punj Lloyd, JP Asso & Patel Eng .
****Nifty**** ~ June 10~
Nifty future discount decreased to 9 points. Open interest increased by 13 lakh today. (new ‘long’ position---bullish)
***Options**** ~ June 10~
Nifty call options add 14 lakh and put options add 18 lakh in open interest. Thus open interest put-call ratio decreased to 1.48.
********Fund flow*** ~June 9~

~FII index fut -1077 cr

~FII stock fut +123 cr

~FII cash -1341 cr

~Mut cash +1040cr (PROV)
*******total fund flow -1255 cr today & nifty was down by 127 points.
*******So far net fund flow of -3910 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

ANALYSIS FOR JUNE 10

********Technicals*****
Nifty in downtrend.
Nifty at major support areas in price, rsi , macd, stochstic charts.
Long lower shadow formed today after gap down opening which is very bullish.
If today’s low not visited at all tomorrow then forget about further downside in markets.( I am now bullish about markets now for short term)
Support remains at 4500,4400..
Resistance is at 4540,46304720.
*********strong stock futures***** (www.crnindia.com)
Lupin, Cairn, Mphasis, Nicholas Piramal, National Alum, Sun Pharma, Ranbaxy, Jsw Steel, Infosys & Dr.Reddy.
*******weak stock futures***** (www.crnindia.com)
Unitech, Ansal Prop, Peninland, IDFC, Bombay Dyeing, India Info, Neyveli, Lanco, Bharat Petro & Sobha.
****Nifty****~June9~
Nifty future discount increased to 34 points. Open interest increased by 8 lakh today. (new short position)
***Options**** ~ June 9~
Nifty call options add 28 lakh and put options add 35 lakh in open interest. Thus open interest put-call ratio decreased to 1.50.
********Fund flow*** ~June 6~
~FII index fut +54 cr
~FII stock fut +253 cr
~FII cash +326 cr
~Mut cash +400 cr
*******total fund flow + 1033cr today BUT nifty was down by 49 points.
*******So far net fund flow of -2655 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

analysis for june 9

********Technicals*****
Nifty in downtrend.
Nifty at major support areas in price,rsi and macd charts.
If this support helds then recovery upto 4900 is possible otherwise nifty is heading for 4200.
Support remains at 4550,4500,4400..
Resistance is at 4720,4760.
*********strong stock futures***** (www.crnindia.com)
Infosys, HCL, Mphasis, ChambaI Fert, Sun TV, JSW Steel, Nicholas Piramal, Satyam, DR.Reddy & Jet Airways.
*******weak stock futures***** (www.crnindia.com)
Ansal Infra, LITL, Unitech, Triveni, PeninLand, Renuka, India Info, IOB, Indian Bank & BOB
****Nifty**** ~ June 6~
Nifty future premium converted to discount of 19 points. Open interest increased by 11 lakh today. (new short position)
***Options**** ~ June 6~
Nifty call options add 24 lakh and put options add 16 lakh in open interest. Thus open interest put-call ratio decreased to 1.53.

********Fund flow*** ~June 5~
~FII index fut +1035 cr
~FII stock fut -404 cr
~FII cash -1419 cr
~Mut cash +547cr
*******total fund flow -241 cr today BUT nifty was up by 91 points.(divergence in fund flow and market action)
*******So far net fund flow of -3683 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

analysis for june 6

********Technicals*****
Nifty in downtrend but correcting up.
Today swing reversal occurs with best volume in last few days.
Stochastic suggest that upmove should continue.
Support remains at 4550..
Resistance is at 4700,4825.
*********strong stock futures***** (www.crnindia.com)
ChambaI Fert, Wipro, JSW Steel, Infosys, DR.Reddy, Sun TV, Jet Airways, Divi Lab, HCL & Ranbaxy
*******weak stock futures***** (www.crnindia.com)
Ansal Infra, Triveni, Unitech, Renuka, LITL, BOI, Air Deccan, Indian Bank, Shree Cem & Balrampur Chini..
****Nifty**** ~ June 5~
Nifty future discount converted to premium of 3 points. Open interest decreased by 13 lakh today. (short covering)
***Options**** ~ June 5~
Nifty call options add 7 lakh and put options add 20 lakh in open interest. Thus open interest put-call ratio increased to 1.64.
********Fund flow*** ~June 4~
~FII index fut +82 cr
~FII stock fut+226 cr
~FII cash -877 cr
~Mut cash +185cr
*******total fund flow -384 cr today & nifty was down by 134 points.
*******So far net fund flow of -3442 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

for june 5

********Technicals*****
Nifty in downtrend.
Big black candle formed today. No sign of reversal yet.
RSI forming falling wedge and macd at support area so any upmove will also be very sharp.
Support remains at 4550,4500,4450.
Resistance is at 4740,4825
*********strong stock futures***** (www.crnindia.com)
IPCL, Nicholas Piramal, JSW Steel, Lupin, Chambal Fert, Ranbaxy, Infosys, Glaxo, Wipro & Dr.Reddy.
*******weak stock futures***** (www.crnindia.com)
Unitech, Air Deccan, Ansal Infa, Shree Cem, Rel.Energy, PeneinLand, Triveni, R.Capital, Sobha & JP Asso.
****Nifty**** ~ June 4~
Nifty future discount increased 16 points.. Open interest increased by 10 lakh today. (new short position)
***Options**** ~ June 4~
Nifty call options add 17 lakh and put options add 14 lakh in open interest. Thus open interest put-call ratio decreased to 1.59.
********Fund flow*** ~June 3~
~FII index fut -1395 cr
~FII stock fut -96 cr
~FII cash – 1005 cr
~Mut cash +124 cr
*******total fund flow -2372 cr today & nifty was down by 24 points.
*******So far net fund flow of -3058 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

TREND AND DATA ANALYSIS FOR JUNE 4

********Technicals*****
Nifty in downtrend.
Long lower shadow(hammer) formed which is bullish. But follow up buying is required for further upmove to sustain.
Support remains at 4625.
Resistance is at 4740,4825
*********strong stock futures***** (www.crnindia.com)
JSW Steel, Chambal Fert, Lupin, Devi Lab, Ranbaxy, Infosys, IFCI, Dr.Reddy, Sun Pharma & Nicholas Piramal.
*******weak stock futures***** (www.crnindia.com)
Air Deccan, Shree Cem, Unitech, Ansal Infa, PeneinLand, Balrampur Chini, Indian Bank, Triveni, IOB & Union Bank.
****Nifty**** ~ June 3~
Nifty future discount decreased 8 points.. Open interest increased by 19 lakh today. (new long position)
***Options**** ~ June 3~
Nifty call options add 10 lakh and put options add 13 lakh in open interest. Thus open interest put-call ratio decreased to 1.67.
********Fund flow*** ~May 30~
~FII index fut +32 cr.
~FII stock fut -364 cr
~FII cash +254 cr
~Mut cash +451cr
*******total fund flow +373 cr today & nifty was up by 35 points.
********Fund flow*** ~June 2~
~FII index fut -923 cr
~FII stock fut+390 cr
~FII cash -369 cr
~Mut cash -157cr
*******total fund flow -1059 cr today & nifty was down by 130 points.
*******So far net fund flow of -686 cr in june series. (so far nifty is down in june series from 4835- the settlement price)

happy trading and investing.
- dr.jignesh shah

trend and data analysis for june 3

********Technicals*****
nifty is in perfect downtrend.
but looking at chart above rsi is at support level so better to cut shorts now and wait for any upmoves to short again.
strong support is at 4625.
resistance will be at 4835.
***Nifty**** ~ June 2~
Nifty future discount decreased 17 points.. Open interest increased by 20 lakh today. (new long position)
***Options**** ~ June 2~
Nifty call options add 18 lakh and put options add 8 lakh in open interest. Thus open interest put-call ratio decreased to 1.70.
********Fund flow*** ~May 30~
~FII index fut +32 cr.
~FII stock fut -364 cr
~FII cash +110 cr (prov.)
~Mut cash +730cr (prov.)
*******total fund flow +508 cr today & nifty was up by 35 points.
*******So far net fund flow of +508 cr in june series. (so far nifty is up in june series from 4835-the settlement price)
happy trading and investing.
- dr.jignesh shah