Today Nifty Trend Consolidate> By Gravita Research 17 Oct 2014

NIFTY FUTURE-CMP(7778.1) is currently in BEAR trend . Yesterday the trend was VERY STRONG BEAR In Oct series Nifty future shed 2.78 lakh position in Open Interest and this accounts to -1.92 % of Total Open Interest in Oct series.The Nifty Oct series is trading at 29.9 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 1.89 lakh position in open interest and this accounts to -1.2 % of Total Open Interest in all series and cumulatively trading in average premium of 78.57 Rs to Underlying. The open interest is also not increasing with trend so be careful At current price strike the activity is tilted to put side and ratio is still strong but addition of call is slightly increasing at 7700 level The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 631.15 lakh position and Nifty call option has added 761.61 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 7.45 crore in value and Nifty call option has added Rs 36.32 crore in value on cumulative basis Nifty Fut, Bank Nifty Future:pening Bell Nifty Fut opens at 7790.75 Up +28.75 Points Bank Nifty Fut Opens at 15626.05 Up +84.05 Points 9993716323,8827706187 For more detail Visit our site At http://www.gravitaresearch.com/includes/nifty_tips.php