NIFTY VIEW FOR 14-06-2013

 NIFTY VIEW FOR 14-06-2013

13-06-2013 

TECHNICAL ANALYSIS 
follow up:-

NIFTY HIGH 5738 - LOW 5692 ltp 5702 AVG 5715 .THIS WEEK AVG IS 5796.

TODAY MRK OPEN WITH GAP DOWN & TRADE IN RANGE FROM 5738 TO 5692 &  5702. FII TOADY ALSO NET SELL IN CASH & FO.   

DATA   

AS ON 11-06-2013 FII OI was 31500 AS ON 12-06-2013 FII OPEN INTEREST  is 352000 TODAY ALSO NET 28000 CONTRACT SHORT GENERATED IN SYSTEM. NOW  SHORT IS HIGHER THEN LONG    

  

in cash segment 558 cr SOLD by fii

conclusion :- 

GAP DOWN IS CHANCE FOR BUYING IN MARKET. IF MRK CREATE VOLUME IN FIRST 15 MIN MORE THEN 30 LAC THEN WAIT FOR MARKET TO GO UP, IF FIRST 30 MIN CROSS HIS HIGH THEN GO LONG @ AVG PRICE OF 15 MIN & SL WILL 10 POINT FROM LOW 

OPTION STRATEGY GO SHORT 5800 CALL PUT IN CURRENT MONTH & BUY NEXT MONTH 5700 PUT & 5900 CALL (ITS HEDGE BOTH SIDE)

                             OR   

GO SHORT 5700 CALL PUT @ 81/- IN CURRENT MONTH & BUY NEXT MONTH 5500 PUT @ 60/- & 5900 CALL @60/- (ITS HEDGE BOTH SIDE)

(ALWAYS EXECUTE YOUR  STOP LOSS) 

FROM 6119 TO 5693 IS 7%.

WHAT WE EXPECT 6% SWING IN MONTH,MORE THEN THAT DONE WITHIN 10 DAYS OF WORKING.WE MAY SEE MORE FALL BEFORE THAT WE CAN SEE 1 UP MOVE AS RETRENCHMENT UP TO 5808 & 2828 THEN WE WILL REVIEW NEXT TARGET  FALL OF MARKET  

NIFTY MONTH TO MONTH SWING IS 7 %  (6119-5693)