Nifty Trend Outlook Today 28 Nov 2014--- By Gravita Research

NIFTY FUTURE-CMP(8547.05) is currently in SLIGHTLY BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Dec series Nifty future added 47 lakh position in Open Interest and this accounts to 22.44 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 52.85 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 24.01 lakh position in open interest and this accounts to 8.31 % of Total Open Interest in all series and cumulatively trading in average premium of 52.4 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 and ratio is still strong The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 861.9 lakh position and Nifty call option has added 745.2 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 59.22 crore in value and Nifty call option has shed Rs -36.91 crore in value on cumulative basis.. Nifty Fut, Bank Nifty Future:pening Bell Nifty Fut opens at 8581.05 Up +85.30 Points Bank Nifty Fut Opens at 18249.85 Up +227.95 Points Call On -- 9993716323,8827706187 Visit Our Site -- http://www.gravitaresearch.com/includes/nifty_tips.php