Monday, January 3, 2011

NIFTY FUTURE-OPTION ANALYSIS for 4 JAN

Stock Market Recommendation

NIFTY FUTURE-CMP(6182.35) is currently in SIDEWAYS trend . Yesterday the trend was BULL WITH LV In Jan series Nifty future added 2.43 lakh position in Open Interest and this accounts to 1.23595534186 % of Total Open Interest in Jan series.The Nifty Jan series is trading at 6182.35 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 2.97 lakh position in open interest and this accounts to 1.45 % of Total Open Interest in all series and cumulatively trading in average premium of 6207.17 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

NIFTY FUTURE LEVEL-Jan/04/2011


R3R2R1PIVOTS1S2S3
6214.746200.056191.26188.236173.56164.656149.96

NIFTY OPTION ANALYSIS-NIFTY CALL-NIFTY PUT


At current price strike the activity is tilted to call side and writing of call is increasing The nifty Call and Put option is trading at discount so market is expecting rangebound between 1000 and 900 Yesterday Nifty Put option has added 565.22 lakh position and Nifty call option has added 401.71 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 26.94 crore in value and Nifty call option has added Rs 4.6 crore in value on cumulative basis 

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