NIFTY FUTURE-CMP(5938.1) is currently in BEAR trend . Yesterday the trend was VERY STRONG BULL In Apr series Nifty future added 17.08 lakh position in Open Interest and this accounts to 6.55884391687 % of Total Open Interest in Apr series.The Nifty Apr series is trading at 26.6 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.01 lakh position in open interest and this accounts to 7.14 % of Total Open Interest in all series and cumulatively trading in average premium of 42.28 Rs to Underlying. The open interest is also not increasing with trend so be careful and premium of share is also increasing so sellers be cautious
Record updated for-.Apr/15/2011- In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and writing of call is increasing The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 813.74 lakh position and Nifty call option has added 552.84 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 62.01 crore in value and Nifty call option has shed Rs -25.18 crore in value on cumulative basis
NIFTY FUTURE LEVEL-Apr/15/2011
| R3 | R2 | R1 | PIVOT | S1 | S2 | S3 |
| 6141.47 | 6049.23 | 5993.67 | 5878.78 | 5882.53 | 5826.97 | 5734.73 |
NIFTY OPTION ANALYSIS-NIFTY CALL-NIFTY PUT
Record updated for-.Apr/15/2011- In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and writing of call is increasing The Nifty Put option is trading at discount so sentiment at lower level seems cautious Yesterday Nifty Put option has added 813.74 lakh position and Nifty call option has added 552.84 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 62.01 crore in value and Nifty call option has shed Rs -25.18 crore in value on cumulative basis
