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Friday 1 March 2013







NIFTY FUTURE is currently in SIDEWAYS trend .

Yesterday the trend was VERY STRONG BEAR In Mar series Nifty future added 25.05 lakh position in Open Interest and this accounts to 17.88 % of Total Open Interest in Mar series.The Nifty Mar series is trading at 36.35 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 5.98 lakh position in open interest and this accounts to 2.19 % of Total Open Interest in all series and cumulatively trading in average premium of 34.2 Rs to Underlying. The open interest is also increasing with trend and discount of share is also increasing indicating down move
At current price strike the activity is tilted to put side and writing of put is increasing The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 650.65 lakh position and Nifty call option has added 1014.36 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has shed Rs -32.7 crore in value and Nifty call option has added Rs 71.81 crore in value on cumulative basis.



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