Hello Friends,
NifTiee intra day levels
Close : 4688
Supports : 4666 / 4646 / 4616
Resistances : 4717 / 4747 / 4777
Again a day of consolidation, markets consolidated near 4700 levels on the day of August Expiry. We continue with our previous views that markets need to close above 4700 for minimum 2days then only we can new highs for the year till date.
Nifty took support for day yesterday at 4645 & our support was 4646 & bounced back upto 4708 levels while our 1st resistance was 4717. The immediate resistance for Nifty is 4731 which is recent rally top & cross & close above that can bring some short covering in the markets as many shorts have been rollovered with the same sl.
PROVISIONAL FUND FLOW FIGURES RUPEES CRORES FOR 27 AUGUST 2009 :
Fii -41
Dii +29
Fii(derivatives) -515 (net)
Index Futures -112
Index Options -329
Stock Futures -120
Stock Options +46
OI 49k Crores only.
*Nifty futures OI stands at 23.28 m shs. Nifty Sep futures settled at a premium of 9 which is the same as in the previous session.
* Total Open Interest is at INR 653.2b as against INR 588.86b in the previous session and is the highest to start with since Feb-08.
* Aug series has witnessed Total Rollover of 83% (6m-avg 76%) (Highest since Aug-08) and Nifty Rollover of 75% (6m-avg 67%).
* Stocks witnessing high rollovers include Indiacem, Herohonda, Balramchin, Gmrinfra and Techm.
* Delivery:- Banking stocks (Bankbaroda, Bankindia, Pnb, Kotakbank) and IT stocks (Hcltech, Wipro) witnessed sharp rise in delivery.
* ATM Implied volatility for Nifty decreased to 32.1 % as against 32.7 % in the previous session and the India VIX decreased to 34.84% as against 36.27% in the previous session.
* The market breadth remained positive though the Adv:Dec ratio slid to 3:2 as against 9:4 in the previous session.
Good Day
Regards,
Allies Financial Services
Mumbai, India
(m)+91 9820 191219
Email : AlliesFin9@Gmail.com
Yahoo IM: AlliesFin9@Yahoo.com
Website : www.AlliesFin.BlogSpot.Com
