WE ARE NEAR ROLL OVER & EXPIRY.NIFTY FALL 5 WEEK STRAIT & PAST WE HAVE SEEN THAT AFTER 5 WEEK MARKET WILL BE IN SIDE WAYS OR UP MOVE ATLEST 0.25% TILL 0.38%. NIFTY OPEN WITH GAP DOWN & WENT UP TILL PREVIOUS DAY AVG 5681 & AGAIN FALL DOWN NOW MARKET WILL BE IN RANGE FROM 5585 TO 5736(THURSDAY 1ST 15MIN AVG WAS 5705 NOW THIS IS IMPORTANT POINT FOR REFERENCE). NIFTY HIGH 5628 - LOW 5556 LTP 5600 AVG 5596.NOT MUCH ACTIVITY IN F&O BY FII
(ALWAYS EXECUTE YOUR STOP LOSS)
TODAY FII SOLD 1500 CR IN CASH.SELL IS COMING DUE TO $ IS STRONG. we have seen fii selling in cash & buying in stock future
DATA:-
AS ON 21-06-2013 FII OI was 494000 AS ON 24-06-2013 FII
OPEN INTEREST is 531000 .its rollover
BUT IN STOCK FUTURE SHORT WIND UP DONE BY FII, WE WILL SEE MORE WIND UP IN STOCK
in cash segment NET 1500 CR SOLD by fii
conclusion :-
market gone down below 5585 & tomorrow we will see one more gap down but i will see buying opportunity
FOR WEEK,,, now we must look for trading range from 5585 & till 5525 my target will be 5736.
FOR POSITIONAL SELL WE WILL WAIT FOR 5776 THAT IS next selling avg (OF FII IN INDEAX)
roll over will keep market in range next move will be open after roll over
OPTION STRATEGY
SELL JULY 5600 PUT & BUY 5600 PUT AUG
SELL JULY 5700 CALL& BUY 5700 CALL AUG
WE MAY GAIN 20 /- IN 3 DAYS
(ALWAYS EXECUTE YOUR STOP LOSS)
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