NIFTY VIEW FOR 5--08-2013

NIFTY VIEW FOR 5-08-2013

4-08-2013 

TECHNICAL ANALYSIS

FOLLOW UP:-  

MARKET FALL CONSTANT  8 DAYS & LAST THREE DAYS CONTINUES  LONG WIND UP CAME IN INDEX & AVG IS 5775  THIS MONTH  AVG IS 5813 .FOR DOWN SIDE AS PER SWING FROM HIGH  5975   6% IS 5615 

 DATA:- 

FII NET SOLD -19000  INDEX CONT & NET 374 IS OI. NET RESULT IS LONG WIND UP @ FII DESK & PARTLY FRESH SELL @ INDEX.
NET CASH BUY IS +VE BY 200 CR (THIS IS +VE  INDICATION)

conclusion:-

FOR NEXT WEEK WE CAN EN CASH CALL & PUT PERM.  

FII IS ACTIVELY WINDING UP HIS LONG @ INDEX BUT IN DOWN FALL NET CASH BUYER 

FOR NEXT WEEK MARKET WILL BE IN RANGE BOUND 

FOR NEXT TRADING   HURDLE IS 5777 TILL 5813  & 5650 TILL 5625 IS SUPPORT .