Hello Friends,
Nifty Close 4242
Supports : 4211 / 4181 / 4141
Resistances : 4273 / 4313 / 4343
Provisional Fund Flow Figure Rupees Crores for 25 June 2009
Fii -1483
Dii +1118
Fii(derivatives) -1417 (net)
Index Futures -554
Index Options -1030
Stock Futures +67
Stock Options +100
Options Excersied : 4052
Options Assigned : 1311
-ve Figure in Index Options mainly include writing of the options on the expiry day to eat the Premium .
Markerts after hitting intra lows of 4143, bounce back was seen of almost 200 points from lows upto 4338 (yesterdays high) . Markets Starting July Series may remain volatile as this series will have Budget & stocks which would have Budget Expectations would remain in lime light upto the day something is being offered to them. But if things wont work as per expectations then the same stock may be hammered as if they were in no Mens Land. So dont forget to book profits on regular intervals or use strict trail stop losses.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
