Today Nifty Trend Consolidate-- 30 sep 2014

NIFTY FUTURE-CMP(7993.9) is currently in BEAR trend . Yesterday the trend was BEAR WITH LV In Oct series Nifty future shed 9.06 lakh position in Open Interest and this accounts to -5.84 % of Total Open Interest in Oct series.The Nifty Oct series is trading at 35 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 8.59 lakh position in open interest and this accounts to -5.24 % of Total Open Interest in all series and cumulatively trading in average premium of 81.72 Rs to Underlying. The open interest is also not increasing with trend so be careful and premium of share is also increasing so sellers be cautious At current price strike the activity is tilted to call side but addition of Put is slightly increasing at 7900 level The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 492.67 lakh position and Nifty call option has added 575.66 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 15.11 crore in value and Nifty call option has added Rs 12.26 crore in value on cumulative basis For More Detail Visit Our Site-- http://www.gravitaresearch.com/includes/nifty_tips.php