Wednesday 19 November 2014

Nifty Trend Outlook Today 20 Nov 2014--- By Gravita Research

NIFTY FUTURE-CMP(8409.55) is currently in BULL trend . Yesterday the trend was STRONG BEAR LOW VOLATALITY In Nov series Nifty future shed 6.24 lakh position in Open Interest and this accounts to -2.84 % of Total Open Interest in Nov series.The Nifty Nov series is trading at 27.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 4.99 lakh position in open interest and this accounts to -2.02 % of Total Open Interest in all series and cumulatively trading in average premium of 75.87 Rs to Underlying. The open interest is not increasing with trend so be careful In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to put side and ratio is still strong but addition of call 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 718.15 lakh position and Nifty call option has added 664.86 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 5.28 crore in value and Nifty call option has added Rs 0.18 crore in value on cumulative basis.. Nifty Fut, Bank Nifty Future:pening Bell Nifty Fut opens at 8412.10 Down -0.40 Points Bank Nifty Fut Opens at 17645.65 Up +13.95 Points 9993716323,8827706187 For More Detail visit Our Site -- http://www.gravitaresearch.com/includes/nifty_tips.php

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