Tuesday 11 November 2014

Nifty Trend Outlook Today 12 Nov 2014 -- By Gravita Research

NIFTY FUTURE-CMP(8395.85) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Nov series Nifty future added 0.7 lakh position in Open Interest and this accounts to 0.3 % of Total Open Interest in Nov series.The Nifty Nov series is trading at 33.2 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 0.93 lakh position in open interest and this accounts to 0.37 % of Total Open Interest in all series and cumulatively trading in average premium of 83.8 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 Call and Put option is trading at discount so market is expecting rangebound between 8400 and 8300 Yesterday Nifty Put option has added 628.75 lakh position and Nifty call option has added 626.1 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 5.89 crore in value and Nifty call option has shed Rs -4 crore in value on cumulative basis.. Nifty Fut, Bank Nifty Future:pening Bell Nifty Fut opens at 8409.05 Up +10.50 Points Bank Nifty Fut Opens at 17562.15 Up +14.45 Points For More Detail visit Our Site -- http://www.gravitaresearch.com/includes/nifty_tips.php

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