AUTOMATED TRADING

AUTOMATED TRADING

2 July 2012

NIFTY X-RAY REPORT FOR 03 JULY.

 NIFTY X-RAY REPORT FOR 03 JULY.
LAST DAY SNAP SHOT:-
The markets traded range bound throughout the day and closed flat. Realty, consumer durables, capital goods and banking were the biggest gainers in today's session while FMCG and auto were the biggest losers. The Sensex closed at 17399, down 31 points from its previous close, and the Nifty closed at 5279, no change. The CNX Midcap index was up 1% while the BSE Smallcap index gained 1.1% in today's trade. The market breadth was positive with advances at 974 against declines of 481 on the NSE.
CURRENT TECHNICAL CONDITION:-
FII sold nifty future worth rs 41.97 cr and open interest increased by 1.7% indicating they have partial booked profit in nifty future.
Nifty 5400 call 5269550 shares standing with highest open interest with addition of  661350 new shares in open interest.
Nifty 5300 call added 669,300 new shares in open interest and 5300 put added 254,850 new shares in open interest. Nifty 5200 put seen highest addition 853,400 shares in open interest.
Overall total call option open interest increased by 7.6% and total put option open interest increased by 4.8%. Nifty future volume decreased by 43.5% today.
As per above data indicating that after a sharp jump market is in mood to take some rest here. As per EOD chart indicating that market is moving towards 5400 where nifty will complete 70% retresment also.  

Disclamer:-

Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Futures and Options markets. Don't trade with money that you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell Futures or Options.

The contents of this site are for general information purposes, only. The strategies/plan discussed above in this thread/site is made by me based on data which is operated and maintained by third parties. However it is tested and proved every attempt has been made to assure accuracy, but it is by me only. We assume no responsibility for errors or omissions. Examples on this site and in the manual are provided for illustrative purposes and should not be construed as investment advice or strategy. The future data manual is for informational purposes only. These predictions/tips are technical , based on charts conditions ONLY. This is only a guideline, the decision has to be taken after logical thinking by you. Technical analyst and astrologist will not be liable for any personal or financial losses or profits.

The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

By your act of reading this independent and individual market research, you fully and explicitly agree that Rajesh Singh or My website (www.niftyeyes.blogspot.in/www.niftyeyes.in) will not be held liable or responsible for any decisions you make regarding any information discussed herein. Take a proper advice from a certified adviser before invest in future and option market.