AUTOMATED TRADING

AUTOMATED TRADING

28 November 2012

NIFTY X-RAY REPORT FOR 29 NOV

NIFTY JUMPED ABOVE 50DMA AND CLOSED ABOVE ITS RESISTANCE LEVEL AROUND 5727. DEC NIFTY FUTURE OPEN INTEREST ADDED 5483550 CONTRACT NET OPEN INTEREST INCREASED BY 105%  INDICATING LONG POSITION HAS BEEN ROLL OVER FOR NEXT SERIES. NIFTY 5700 PUT ADDED FRESH MORE THAN 31 LAKH CONTRACTS AND 5700 CALL OPEN INTEREST DECREASED BY 33 LAKH CONTRACTS, INDICATING THAT BULLS ARE AGGRESSIVE TO PROTECT THE 5700 LEVEL.
AS PER NIFTY EOD CHART SLOW STOCHASTIC INDICATOR IS PLACED IN OVERSOLD ZONE BUT REST OF INDICATOR IS GIVING STRONG BUY SIGNAL. AS PER NIFTY WEEKLY CHART, IT SEEMS THAT MASTER BLASTER MOVE MAY HAPPEN IN COMING DAYS OF DEC MONTH. NIFTY 5800 CALL OF DEC SERIES SEEN MOST ACTIVE CALL AND TRADED WITH HIGHEST VOLUME IN CALL SIDE. FII BOUGHT INDEX FUTURE WORTH RS 1342 CORES WITH NET OPEN INTEREST ADDITION IN NEXT SERIES INDICATING THAT FRESH LONG POSITION HAS BEEN ADDED. SINCE SO MANY DAYS I HAVE BEEN TALKING THAT 5950 IS COMING SOON. NIFTY HAS SHOWED TRAILER AFTER TESTING LONG PATIENCE. NOW MOST OF TECHNICAL ANALYST ARE  WRITING ABOUT BULLISH TURN ON THEIR WEBSITE. THIS UP MOVE SHOULD CONTINUE TILL 5800 WITHOUT ANY OBSTACLE IN VERY NEAR TERM. POSITIONAL TRADER KEEP THEIR STOPLOSS AT 5704 SPOT NIFTY PRICE ON CLOSING BASIS FOR LONG SIDE. THINK ABOUT SHORT IN THIS TYPE OF MARKET WILL CREATE SITUATION LIKE '' AA BAIL BUJHE MAAR''
 PARTICIPANT WISE OPEN POSITION( NO OF CONTRACTS) TILL 26 NOV
FII
INDEX FUTURE LONG---- 227544
INDEX FUTURE SHORT---144479
INDEX FUTURE NET----      83065 
INDEX OPTION CALL LONG----350753
INDEX OPTION CALL SHORT---395995
NET CALL POSITION=======  (-45242)
INDEX OPTION PUT LONG------884325
INDEX OPTION PUT SHORT----239329
NET POSITION PUT========= (644996)

Disclamer:-

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