Tuesday 2 December 2014

Nifty Trend Outlook today 3 Dec 2014-- By Gravita Research

NIFTY FUTURE-CMP(8575.35) is currently in BULL trend . Yesterday the trend was BEAR WITH LV In Dec series Nifty future shed 5.51 lakh position in Open Interest and this accounts to -2.58 % of Total Open Interest in Dec series.The Nifty Dec series is trading at 50.65 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 5.33 lakh position in open interest and this accounts to -2.36 % of Total Open Interest in all series and cumulatively trading in average premium of 102.27 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 8400 level The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 498.13 lakh position and Nifty call option has added 561.08 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 74.48 crore in value and Nifty call option has added Rs 85.68 crore in value on cumulative basis. Nifty Fut, Bank Nifty Future:pening Bell Nifty Fut opens at 8575.95 Up +1.95 Points Bank Nifty Fut Opens at 18676.95 Up +26.30 Points Call On -- 9993716323,8827706187 For More Detail visit -- http://www.gravitaresearch.com/includes/nifty_tips.php