Tuesday 18 November 2014

Nifty Trend Outlook Today 19 Nov 2014-- By 'Gravita Research

NIFTY FUTURE-CMP(8451.9) is currently in SIDEWAYS trend . Yesterday the trend was BEAR WITH LV In Nov series Nifty future shed 1.94 lakh position in Open Interest and this accounts to -0.86 % of Total Open Interest in Nov series.The Nifty Nov series is trading at 26 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 1.41 lakh position in open interest and this accounts to 0.56 % of Total Open Interest in all series and cumulatively trading in average premium of 75.08 Rs to Underlying. The open interest is not increasing with trend so be careful and discount of share is also increasing so buyer be cautious 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 8300 level The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 722.96 lakh position and Nifty call option has added 666.26 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 47.68 crore in value and Nifty call option has shed Rs -4.76 crore in value on cumulative basis.. Call On -- 9993716323,8827706187 Visit Our Site -- http://www.gravitaresearch.com/includes/nifty_tips.php

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