Monday 6 October 2014

Today Nifty Trend Consolidate> By Gravita Research 7 Oct 2014

NIFTY FUTURE-CMP(7983.65) is currently in SIDEWAYS trend . Yesterday the trend was STRONG BEAR LOW VOLATALITY In Oct series Nifty future shed 0.62 lakh position in Open Interest and this accounts to -0.4 % of Total Open Interest in Oct series.The Nifty Oct series is trading at 38.1 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 0.27 lakh position in open interest and this accounts to -0.16 % of Total Open Interest in all series and cumulatively trading in average premium of 86.85 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 put side and ratio is still strong but addition of call is slightly increasing at 7900 level The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 549.84 lakh position and Nifty call option has added 610.6 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 8.41 crore in value and Nifty call option has added Rs 34.94 crore in value on cumulative basis Call On-- 9993716323,8827706187 For more detail Visit our site At http://www.gravitaresearch.com/includes/nifty_tips.php

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