Nifty Trend Outlook for Today -- 27 Nov 2014

NIFTY FUTURE-CMP(8479.4) is currently in BULL trend . Yesterday the trend was BULL WITH LV In Nov series Nifty future shed 36.3 lakh position in Open Interest and this accounts to -38.55 % of Total Open Interest in Nov series.The Nifty Nov series is trading at 3.65 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 10.87 lakh position in open interest and this accounts to 4.11 % of Total Open Interest in all series and cumulatively trading in average premium of 55.57 Rs to Underlying. The open interest is also increasing with trend and discount of share is also increasing indicating down move 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 but addition of Put is slightly increasing at 8400 level The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 783.14 lakh position and Nifty call option has added 672.03 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 75.13 crore in value and Nifty call option has added Rs 26.98 crore in value on cumulative basis.. Call On -- 9993716323,8827706187 For More Detail visit Our SIte -- http://www.gravitaresearch.com/includes/nifty_tips.php