NSE Nifty on March 21, 2014


Intraday Calls

Review of the Last Intra-day:
During previous intraday the Nifty made a high of 6523 and low 6473. After making an intraday range of 50 points, the Share Bazaar closed down 41 points at 6483. On the last trading day, European indices were mix. FTSE was down 31 points, CAC was up 20 point, and DAX was up 19 points. US markets were up. Dow Jones closed up 109 points, S&P 500 was up 11 points, and Nasdaq was up by 12 points.

FII and DII Activity in Last Intraday:
Yesterday, FIIs bought Rs. 722 crores in cash segment while DIIs sold Rs. 563 crores in cash. FIIs sold Rs. 133 crores in Index futures and FIIs purchased Rs. 35 crores in index options. In stock futures FIIs sold Rs. 624 crores and in stock options FIIs sold Rs. 126 crores. This is the provisional data from NSE. Here you can view final data from SEBI.

Options Segment Activity:
In f&o market, March series options data tells that, Nifty 6500 call adds 7.8 lac shares and Nifty 6600 call add 5.1 lac shares. Nifty 6500 put sheds 9.2 lac shares. Maximum 57.4 lac shares are outstanding at 6600 call and 66.4 lac shares at 6400 put. According to options data, bears have upper hand on bulls.

Currency Market:
In the currency market the USDINR closed at 61.34. The INR was weak by 0.39 paisa.

Beginning of the Day:
Today morning, Asian markets are trading flat. Nikkei is closed, Hang Seng is up 56 points, Taiwan is up by 16 points, and Kospi is up by 12 points. Here you can find latest detail on world market indices along with intraday charts. SGX Nifty is trading 30 points positive till 7:02 a.m. So we can expect a positive opening.

BTST for the day was NIFTY Future bought at 6490 with S L of 6470 and a target of 6530. 

Today Nifty opened at 6515 up 32 points and made an intra-day high of 6522 and low of 6485 till 11:05 a.m. Today market should remain positive.

Today's Intraday Calls:

  • Sold NIFTY Future 6530 (BTST)
  • Bought BANKNIFTY Future 12140 S L 12080 target 12250

Mid-day Review:
For the intraday, till 1:19 p.m. Nifty is up about 13 points. Top gainers for Nifty are TATASTEEL, JINDALSTEL, and WIPRO while losers are RELIANCE, ONGC, and ASIANPAINT. Here you can find more detail on gainers and losers. Dow future is down by 2 points and Euro zone futures are also down about 2 to 5 points. Here you can find full detail on world market futures.

Intraday Options Data:
On the options front, Nifty 6500 call adds 3 lac shares. Nifty 6500 put adds 1.9 lac shares. Intraday data of options tells that, highest OI is at 6400 put and 6600 call. Full detail of Nifty options can be viewed here

  • Sold BANKNIFTY Future 12132

Concluding Updates:
Nifty has made an intraday high of 6522 and low of 6485 till 2:55 p.m. Intraday options data tells that, Nifty 6500 call adds 4.3 lac shares and 6600 call adds 10.7 lac shares. Nifty 6500 put adds 1.8 lac shares. Highest OI is at 6600 call at 68 lac shares and 6400 put at 71.7 lac shares. I have closed all intraday trades. BTST for the day is none. STBT for the day is none.

1 comment:

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