January 7, 2014


Intraday Calls

Review of the Last Intraday:
During previous intraday the Nifty made a high of 6224 and low 6170. After making an intraday range of 54 points, the Share Bazaar closed down 20 points at 6191. On the last trading day, European indices were flat. FTSE was up 0.06 points, CAC was down 20 points, and DAX was down 7 points. US markets were negative. Dow Jones closed down 45 points, S&P 500 was down 5 points, and Nasdaq was down by 18 points.

FII and DII Activity in Last Intraday:
Yesterday, FIIs sold Rs. 319 crores in cash segment whereas DIIs sold Rs. 23 crores in cash. FIIs sold Rs. 396 crores in Index futures and FIIs purchased Rs. 468 crores in index options. In stock futures FIIs bought Rs. 56 crores and in stock options FIIs sold Rs. 55 crores.   

Options Segment Activity:
In f&o marketJanuary series options data tells that, Nifty 6300 call adds 8.5 lac shares and highest OI of 49.2 lac shares is at this level. 6200 put adds 3 lac shares and have maximum 43.4 lac shares outstanding. Bears have upper hand on bulls.  

Currency Market:
In the currency market the USDINR closed at 62.31. The INR was weak by 0.15 paisa.

Beginning of the Day:
Today morning, Asian markets are trading flat. Nikkei is down 50 points, Hang Seng is up 45 points, Taiwan is up by 32 points and Kospi is up by 5 points. Here you can find latest detail on world market indices along with intraday charts. SGX Nifty is trading 4 points negative till 7:11 a.m. So we can expect a flat opening.

Today Nifty opened at 6204 up 13 points and made an intraday high of 6221 and low of 6203 till 9:25 a.m. BTST for the day was Nifty future bought at 6205 and S L was at 6179.

Today's Intraday Calls:

  • Sold NIFTY Future 6245 (BTST)
  • Bought INDUSINDBK 412 S L 407.90 10:26 a.m. Target 416-420
  • Revise S L in INDUSINDBK 411.90
  • Sold INDUSINDBK 416
  • Bought TATAMOTORs 366.40 S L 363.90 12:47 p.m. target 370-372.40
  • Revise S L in TATAMOTORS 365.40

Mid-day Review:
Nifty is at 6163 down 28 points. Nifty made an intraday high of 6221 and low of 6144 till 1:15 p.m. Top gainers for Nifty are BHEL, MARUTI, and SUNPHARMA whereas losers are BANKBARODA, TATASTEEL, and PNB. Here you can find more detail on gainers and losers. Dow future is up by 34 points and Euro zone futures are up by about 11 to 24 points. Here you can find full detail on world market futures

Intraday Options Data:
On the options front, Nifty 6300 call adds 6.7 lac shares and 6200 call adds 7.4 lac shares. Nifty 6100 put adds 4.3 lac shares and 6000 put adds 8.3 lac shares. According to intraday data of options, Nifty 6000 put and 6300 call have the highest OI. Full detail of Nifty options can be viewed here.

  • Revise S L in TATAMOTORS 367.40 
  • S L hit TATAMOTORS  

Concluding Updates:
Nifty has made an intraday high of 6221 and low of 6144 till 3:05 p.m. Intraday options data tells that, Nifty 6300 call have the highest OI at 55.5 lac shares. Nifty 6000 put is maximum outstanding shares at 48.7 lac shares. Two days back highest OI was at 6200 put and now it is at 6000 put. The market is near support and can bounce back. I have closed all intraday trades. BTST for the day is none. STBT for the day is none.

No comments:

Post a Comment