11-06-2013 NIFTY VIEW FOR TUESDAY

11-06-2013 NIFTY VIEW FOR Tuesday 

10-06-2013 

TECHNICAL ANALYSIS 
follow up:-

MONDAY NIFTY WAS HIGH 5939.7 - LOW 5867 ltp 5906 AVG 5905. month avg is 5959 & last week avg is 5939.today high is last week avg 5939,today market close near avg ie 5906. I am  still bearish on market.market is in trading range from 5920 till 5875.today Indian vix is jump by 5% & more it is indication of big swing in market 

DATA 

AS ON 07-06-2013 FII OI was 230624 AS ON 10-06-2013 FII OPEN INTEREST  is 228000 not much change in oi but net buy in option. 

  

in cash segment 114 cr net sell by fii

conclusion :- 

nifty is at crucial junction if open flat go short @ 5915 till 5925 sl 5931 or long near 5768 till 5858 sl 5848 we will see both swing tomorrow      

(ALWAYS EXECUTE YOUR  STOP LOSS) 

NIFTY MONTH TO MONTH SWING IS 6 %  (6119-5868)