Today
is 7th day for range bound in Nifty. There is decrease in open
interest near to Nine Lakh in Nifty 6900 Call. FII’s buying +703.71 Crores on 07-April-14 in cash market. Market major resistance in Nifty
Future is 6810. So be alert on higher
side. For details see chart below.
In Intraday, better to buy above 6754 for the
target of 6777, sell below 6743 for the Target of 6730-6722.
Stock in Momentum: HCL TECH, BHARAT
FORGE, CEMENT SECTOR
Put Call Ration:
1.06
Overnight US Market close in Red
Green 16,256.14 (+10.27) (+0.06%)
Asian Market in Positive
SGX NIIFTY 6788(+17)
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 07-APRIL-2014
Cash
Segment(Provisional):
FII’s : +703.71 Crores
DII’s : - 1081.36 Crores
Derivative
Segment(Provisional):
Index Futures : +98.35 Crores
Index Options :
-405.77 Crores
Stock Futures :
-443.92 Crores
Stock Options
: -6.68 Crores
Data is taken from the NSE website.
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MECHANICAL TRADER SIGNAL
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UPDATED ON 07-April-14, 7:00pm (
START ON 28.03.14)
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NSE INDEX FEB FUTURE INDIA TRENDS
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CURRENT 01-April-14
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DAILY SIGNAL GENERATED
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TODAY'S PROFIT /LOSS
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NET +/- (FROM 28-Mar-14)
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HOURLY SIGNAL GENERATED
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TODAY'S PROFIT /LOSS
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NET +/- (FROM 28-Mar-14)
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DATE
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Position
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LEVEL
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S/L
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DATE
|
Position
|
LEVEL
|
S/L
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||||||
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NIFTY FUT
|
6737
|
NIL
|
|
|
|
-7
|
20
|
NIL
|
|
|
|
0
|
27
|
|
BANK NIFTY FUT
|
12614
|
NIL
|
|
|
|
-22
|
-37
|
NIL
|
|
|
|
-126
|
-201
|
|
OPEN POSITION
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|||||||||||||
|
NIFTY FUT
|
6737
|
NIL
|
|
|
|
|
|
NIL
|
|
|
|
|
|
|
BANK NIFTY FUT
|
12614
|
NIL
|
|
|
|
|
|
NIL
|
|
|
|
|
|
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TODAY'S TRADE (07-APR-14)
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|||||||||||||
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NIFTY FUT
|
6737
|
07.04.14
|
SQ.OFF
|
6705
|
|
-7
|
|
NO
TRADE
|
|
|
|
|
|
|
BANK NIFTY FUT
|
12614
|
NO
TRADE
|
|
|
|
|
|
NO
TRADE
|
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|
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