Tuesday 4 November 2014

Nifty Trend Outlook Today 5 Nov 2014-- By Gravita Research

NIFTY FUTURE-CMP(8361.05) is currently in BULL trend . Yesterday the trend was CONFUSION TREND In Nov series Nifty future added 6.32 lakh position in Open Interest and this accounts to 2.95 % of Total Open Interest in Nov series.The Nifty Nov series is trading at 36.9 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 8.73 lakh position in open interest and this accounts to 3.79 % of Total Open Interest in all series and cumulatively trading in average premium of 88.2 Rs to Underlying. The open interest is not increasing with trend so be careful At current price strike the activity is tilted to call side but addition of Put is slightly increasing at 8200 level Yesterday Nifty Put option has added 550.54 lakh position and Nifty call option has added 585.33 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has shed Rs -1110.88 crore in value and Nifty call option has shed Rs -943.42 crore in value on cumulative basis- For More Detail Visit Our Site -- http://www.gravitaresearch.com/includes/nifty_tips.php

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