AUTOMATED TRADING

AUTOMATED TRADING

28 February 2012

NIFTY X-RAY REPORT FOR 29 FEB
Nifty closed at 5375.50 +94.30 1.79%
Nifty future closed at 5441 + 1.93% open interest up by 2.69%
nifty 5200CE oi reduced -7700 shares total oi 2035950./5300 CE oi added 87050 total oi 1675300 . 5400 CE added 56500 total 2309100. / 5500CE oi added 274950 total 3988550.
5200PE added 1039850 total 7367000./ 5300 PE oi added 230300 total 662044./ 5400PE oi added 450600 total 3905950./ 5500PE oi added 191400 total 3042950.
We have covered almost our losses today what we have done3 yesterday. If we consider carefully on oi data we will find a interesting story is that put writers are more confident than call writters. put open interest is almost double and in some strick price are more than triple. all that data is indicating clearly that bull has more power. BUt nifty spot untill unless close above 5440 the bull rally will not be confirmed. we expect volatility till budget.
India vix-25.85-1.53-5.59%
advance /decline  =956/153
                      HIGH               LOW            CLOSE
LAST            5391.10             5306.45       5378.85
PREV           5449.80             5268.15       5281.20
LASTWEEK5629.95           5405.90          5429.30
SWING INDICATOR
5D   DN       5429      REVERSAL      5630
10D   DN   5281        REVERSAL      5630
20D   UP      4850      REVERSAL     5120
INTRADAY SUPPORT AND RESISTANCE
S2-5274/ S1-5326 / PIVOT 5358.80/ R1- 5411/R2 5443
HIGEST HIGH AND LOWEST CLOSE
5D-5505/5281.20
10D-5607/5281.20
20D-5607/5199
MOVING AVRAGES SIMPLE
5D-5416/ 20D-5400/ 50D-5062/200D-5175      
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