\

Thursday 1 November 2012

Nifty Outlook for - 02-Nov-2012

NIFTY FUTURE-CMP(5676.0) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Nov series Nifty future shed 3.21 lakh position in Open Interest and this accounts to -1.87 % of Total Open Interest in Nov series.The Nifty Nov series is trading at 30.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 2.27 lakh position in open interest and this accounts to -1.24 % of Total Open Interest in all series and cumulatively trading in average premium of 61.2 Rs to Underlying. The open interest is not increasing with trend so be careful and discount of share is also increasing so buyer be cautious 
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to put side and writing of put is increasing The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 652.33 lakh position and Nifty call option has added 612.61 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 10.44 crore in value and Nifty call option has added Rs 3.74 crore in value on cumulative basis

To Get Free  Tips:

Stock Tips
Forex Tips
Commodity Tips
8878998885

No comments:

Post a Comment

Free Trial
Web Analytics