NSE Nifty on March 31, 2014


Intraday Calls

Review of the Last Intra-day:
During previous intraday the Nifty made a high of 6702 and low 6643. After making an intraday range of 59 points, the Share Bazaar closed up 54 points at 6695. On the last trading day, European indices were up. FTSE was up 27 points, CAC was up 32 point, and DAX was up 136 points. US markets were up. Dow Jones closed up 59 points, S&P 500 was up 9 points, and Nasdaq was up by 5 points.

FII and DII Activity in Last Intraday:
Yesterday, FIIs bought Rs. 1363 crores in cash segment while DIIs sold Rs. 208 crores in cash. FIIs bought Rs. 306 crores in Index futures and FIIs bought Rs. 1027 crores in index options. In stock futures FIIs purchased Rs. 265 crores and in stock options FIIs bought Rs. 75 crores. This is the provisional data from NSE. Here you can view final data from SEBI.

Options Segment Activity:
In f&o market, April series options data tells that, Nifty 6800 call adds 4.5 lac shares. Nifty 6700 put adds 5.6 lac shares. Maximum 33 lac shares are outstanding at 6700 call and 33.7 lac shares at 6400 put. According to options data, bulls have upper hand on bears.

Currency Market:
In the currency market the USDINR closed at 59.31. The INR was strong by 0.40 paisa.

Beginning of the Day:
Today morning, Asian markets are trading positive. Nikkei is up 113 points, Hang Seng is up 176 points, Taiwan is up by 20 points, and Kospi is down by 0.74 points. Here you can find latest detail on world market indices along with intraday charts. SGX Nifty is trading 39 points positive till 7 a.m. So we can expect a positive opening.

Today Nifty opened at 6723 up 27 points and made an intra-day high of 6730 and low of 6700 till 10:44 a.m. Every one is excited and wants to buy. Remember bears are also part of game.

Mid-day Review:
For the intraday, till 12:36 p.m. Nifty is up about 5 points. Top gainers for Nifty are JINDALSTEL, TATASTEEL, and HINDALCO while losers are DRREDDY, TATAPOWER, and ITC. Here you can find more detail on gainers and losers. Dow future is up by 62 points and Euro zone futures are also up about 25 to 55 points. Here you can find full detail on world market futures.

Intraday Options Data:
On the options front, Nifty 6800 call adds 3.3 lac shares. Nifty 6700 put adds 6.1 lac shares. Intraday data of options tells that, highest OI is at 6400 put and 6700 call. Full detail of Nifty options can be viewed here

Today's Intraday Calls:

  • Sold BANKNIFTY Future 12865 S L 12915 target 12765
  • Bought BANKNIFTY Future 12765

Concluding Updates:
Nifty has made an intraday high of 6730 and low of 6662 till 3:19 p.m. Intraday options data tells that, Nifty 6700 call adds 3.8 lac shares. Nifty 6700 put adds 7.9 lac shares. Highest OI is at 6700 call at 36.7 lac shares and 6500 put at 38.6 lac shares. I have closed all intraday trades. BTST for the day is none. STBT for the day is none.