Market choppy with mild intraday correction.
Yesterday
boldly written to sell below 6776 for a target of 6746. Target achieved successfully.
Now in coming day’s market may remain range bound with
choppy. Minor support comes around 6675. A break below 6675 should be a stop
loss for short term trader. There is a higher open interest in Nifty 6600 Put
& 6900 Call. So market may remain in the range of 6600 – 6900.
In
Intraday, better to buy above 6774 for the target of 6787, Sell Below 6737 for
the Target of 6707.
Put Call Ration:
1.05
Asian Market in Mix to Flat ………
SGX NIIFTY 6763(+14)
OPEN INTEREST DEVELOPMENT IN NIFTY OPTION (CALL / PUT)
INDIA VIX
A falling VIX means that
there is lower uncertainty and market confidence is high and most of the time
direction of trend is clear. A rising VIX shows there is a lot of uncertainty
in the markets and price action is expected to be very volatile or sensitive in
the coming days.
I will recommend to trade
only when the VIX is moving lower and a level below 20 is ok for trading. But
if the VIX goes above 20 it means the chances of reversal in the short term
trend is very high and large sudden moves could be expected.
FII’s Activity
FII
Activity 03-APRIL-2014
Cash
Segment(Provisional):
FII’s : +717.39 Crores
DII’s : - 716.57 Crores
Derivative
Segment(Provisional):
Index Futures : -122.54 Crores
Index Options :
+100.14 Crores
Stock Futures :
-125.25 Crores
Stock Options
: +23.04 Crores
Data is taken from the NSE website.
MECHANICAL TRADER SIGNAL
|
|||||||||||||
UPDATED ON 03-April-14, 7:00pm (
START ON 28.03.14)
|
|||||||||||||
NSE INDEX FEB FUTURE INDIA TRENDS
|
|||||||||||||
CURRENT 01-April-14
|
DAILY SIGNAL GENERATED
|
TODAY'S PROFIT /LOSS
|
NET +/- (FROM 28-Mar-14)
|
HOURLY SIGNAL GENERATED
|
TODAY'S PROFIT /LOSS
|
NET +/- (FROM 28-Mar-14)
|
|||||||
DATE
|
Position
|
LEVEL
|
S/L
|
DATE
|
Position
|
LEVEL
|
S/L
|
||||||
NIFTY FUT
|
6768
|
28.03.14
|
BUY
|
6705
|
6705
|
-22
|
51
|
-24
|
27
|
||||
BANK NIFTY FUT
|
12662
|
02.04.14
|
BUY
|
12655
|
12580
|
-143
|
7
|
-126
|
-75
|
||||
OPEN POSITION
|
|||||||||||||
NIFTY FUT
|
6768
|
28.03.14
|
BUY
|
6705
|
6640
|
||||||||
BANK NIFTY FUT
|
12662
|
02.04.14
|
BUY
|
12655
|
12580
|
||||||||
TODAY'S TRADE (03-APR-14)
|
|||||||||||||
NIFTY FUT
|
6768
|
NO
TRADE
|
03.04.14
|
SQ.OFF
|
6766
|
-24
|
|||||||
BANK NIFTY FUT
|
12662
|
NO
TRADE
|
03.04.14
|
SQ.OFF
|
12679
|
-126
|
|||||||
