January 30, 2014

HOME 



Intraday Calls


Review of the Last Intraday:
During previous intraday the Nifty moved in a range of 60 points. The Share Bazaar closed 6 points negative at 6120, after making an intraday high and low of 6170 and 6110 respectively. Yesterday, European indices were weak. FTSE was down 28 points, CAC was down 28 points, and DAX was down 70 points. US markets were down. Dow Jones closed down 190 points, S&P 500 was down 18 points, and Nasdaq was down by 47 points.

FII and DII Activity in Last Intraday:
On the last trading day, FIIs bought Rs. 250 crores in cash segment while DIIs sold Rs. 17 crores in cash. FIIs sold Rs. 263 crores in Index futures and FIIs bought Rs. 476 crores in index options. In stock futures FIIs purchased Rs. 338 crores and in stock options FIIs bought Rs. 28 crores. This is the provisional data from NSE. Here you can view final data from SEBI. 

Options Segment Activity:
In f&o market, January series options data tells that, Nifty 6150 call adds 1 lac shares. Nifty 6050 put adds 3.6 lac shares. Highest OI of 44 lac shares is at 6200 call and 48.5 lac shares is at 6000 put. According to options data, bears have upper hand on bulls. In coming days, there should be more pain. 
  
Currency Market:
In the currency market the USDINR closed at 62.41. The INR was strong by 0.10 paisa.

Beginning of the Day:
Today morning, Asian markets are trading down. Nikkei is down 476 points, Hang Seng is down 287 points Taiwan and Kospi are closed. Here you can find latest detail on world market indices along with intraday charts. SGX Nifty is trading 63 points negative till 7:04 a.m. So we can expect a weak opening.

The FOMC tapers in QE3 by 10 billion Dollars to 65 billion Dollars. Today Nifty opened at 6067 down 53 points and made an intraday high of 6072 and low of 6053 till 10:06 a.m. Today is the expiry of January f&o series, so there can be stock specific activities.


Mid-day Review:
Nifty is at 6051 down 69 points. Nifty made an intraday high of 6072 and low of 6044 till 1:11 p.m. Top gainers for Nifty are GAIL, BHARTIARTL, and LUPIN whereas losers are BANKBARODA, SSLT, and RANBAXY. Here you can find more detail on gainers and losers. Dow future is up by 31 points and Euro zone futures are up by about 5 to 16 points. Here you can find full detail on world market futures


Intraday Options Data:
On the options front, Nifty 6050 call adds 33.8 lac shares. Nifty 6050 put adds 22.9 lac shares. According to intraday data of options, the expiry should be around 6050 mark. Full detail of Nifty options can be viewed here.   
   



Today's Intraday Calls:



  • Sold Nifty Future 6054 S L 6075.10 target 6034-6024
  • Bought Nifty Future 6034

Concluding Updates:
Nifty has made an intraday high of 6082 and low of 6027 till 3:22 p.m. I have closed all intraday trades. BTST for the day is none. STBT for the day is none.



No comments:

Post a Comment