Wednesday 15 October 2014

Today Nifty Trend Consolidate> By Gravita Research 16 Oct 2014

NIFTY FUTURE-CMP(7895.25) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Oct series Nifty future shed 1.08 lakh position in Open Interest and this accounts to -0.73 % of Total Open Interest in Oct series.The Nifty Oct series is trading at 31.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 0.52 lakh position in open interest and this accounts to -0.32 % of Total Open Interest in all series and cumulatively trading in average premium of 78.17 Rs to Underlying. The open interest is also not increasing with trend so be careful At current price strike the activity is tilted to call side and ratio is still strong The Nifty Call option is trading at premium so market is expecting bullishness Yesterday Nifty Put option has added 620.35 lakh position and Nifty call option has added 713.56 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has shed Rs -1.61 crore in value and Nifty call option has added Rs 4.07 crore in value on cumulative basisCall On-- 9993716323,8827706187 For More Detail Visit Our Site -- http://www.gravitaresearch.com/includes/nifty_tips.php

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