NIFTY VIEW FOR 19-06-2013

NIFTY VIEW FOR 19-06-2013

                                                                      

                    NIFTY VIEW FOR 19-06-2013

TECHNICAL ANALYSIS 
follow up:-

NIFTY HIGH 5868 - LOW 5800 ltp 5811 AVG 5828 .(from 6119 to 5693, 50 % RETRENCHMENT IS 5906) NEXT TWO DAYS MARKET RANGE IS 5785 TILL 5868  (LAST TWO DAYS MARK TAKING SUPP AROUND 5815 & SELLING COMING AROUND 5848 

.FII TOADY ALSO NET SELL IN CASH & FO.   

DATA   

AS ON 18-06-2013 FII OI was 398000 AS ON 18-06-2013 FII OPEN INTEREST  is 42100 TODAY ALSO NET 17000 CONTRACT SHORT GENERATED IN SYSTEM. OVERALL GROSS OPEN INTEREST  ADD BY 23000 NOW EVEN MORE  SHORT IS GENERATED.     

  

in cash segment NET 600 CR SOLD by fii

conclusion :- 

CHANCE FOR POSITIONAL SELLING IN MARKET IS OPPORTUNITY .IF OPEN @ 5838,SL WILL BE 5852  

OPTION STRATEGY STILL CONTINUE

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

                             OR   

GO SHORT 5800 CALL PUT  IN CURRENT MONTH & BUY NEXT MONTH 5600 PUT  & 6000  (ITS HEDGE BOTH SIDE)

(ALWAYS EXECUTE YOUR  STOP LOSS) 

FROM 6119 TO 5693 IS 7%.(50 % RETRENCHMENT IS 5906)

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