Today Nifty Trend Consolidate> By Gravita Research

NIFTY FUTURE-CMP(8136.7) is currently in SIDEWAYS trend . Yesterday the trend was VERY STRONG BULL In Sep series Nifty future added 9.53 lakh position in Open Interest and this accounts to 7.01 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 21.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 17.43 lakh position in open interest and this accounts to 10.72 % of Total Open Interest in all series and cumulatively trading in average premium of 68.05 Rs to Underlying. The open interest is also increasing with trend In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and ratio is still strong The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 713.76 lakh position and Nifty call option has added 706.78 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 35.77 crore in value and Nifty call option has shed Rs -40.11 crore in value on cumulative basis Plz Visit-- http://www.gravitaresearch.com/includes/nifty_tips.php.. call us on 9993716323,8827706187.