There is a Selling in Index Future
more than Nine Hundred Crores by FII’s. There is a higher open interest in
Nifty 7000 Call & 6800 Put but not much higher volume in it. Market may
remain choppy move in coming days. So Nifty may remain in the range of 6800 to
7000 in view of open interest in Nifty call & put.
In
Intraday, better to buy Nifty Fut. above 6827 with SL 6810 for the target of 6843-6887,
sell below 6749 with SL 6766 for the Target of 6723.
STOCK
MOMENTUM:
1. RELIANCE CAPITAL MAY’14 FUT BUY ABOVE
380 TG 390-396 SL 370.
2. MCLEOD RUSSEL MAY’14 FUT BUY MAY FUT ABOVE 288 TG 293-295 SL 283
2. MCLEOD RUSSEL MAY’14 FUT BUY MAY FUT ABOVE 288 TG 293-295 SL 283
Put Call Ration:
|
1.14
|
||||
DAILY TREND
(Nifty Future May’14 Series)
|
SYMBOL
|
VALUE
|
DIRECTION
|
ACTION
|
CONCLUSION
|
5Hrs BB Middle
|
6855
|
DOWN
|
SELL
|
BUY
|
|
DAILY MA (10)
|
6825
|
DOWN
|
SELL
|
||
DAILY BB Middle
|
6802
|
UP
|
BUY
|
||
DAILY EMA 10
|
6832
|
DOWN
|
SELL
|
||
DAILY EMA 20
|
6785
|
UP
|
BUY
|
||
DAILY EMA 50
|
6634
|
UP
|
BUY
|
||
RSI (14)
|
56.654
|
UP
|
BUY
|
||
MACD (12,26)
|
35.950
|
UP
|
BUY
|
||
FII Index Fut
|
-931.95
|
DOWN
|
SELL
|
||
TOTAL BUY
|
5
|
||||
TOTAL SELL
|
4
|
||||
SGX NIFTY
|
6805 (-11)
|
||||
US MARKET DOW
|
16,361.46 (-0.85%)
|
||||
FTSE 100 (ENGLAND)
|
6685.69 (-0.26%)
|
||||
DAX (GERMANY)
|
9401.55 (-1.54%)
|
||||
Asian Market
|
Mix
|
||||
