Main
Registration
Login
                                                                                                                      




                                    Live Market
                                                                                   

        Sensex    Nifty    World-Market    Nifty-Stock-Chart    Sgx-Nifty   Mcx   Ncdex   F&O
 


Site menu



  
Main » 2011 » February » 2 » Nifty Futures Outlook - 02/02/2011
9:42:14
Nifty Futures Outlook - 02/02/2011

• Nifty continued its sell off as markets are down in trade for 5 consecutive days.
• Heavy Institutional selling clubbed by soaring Oil prices has plunged market down by 1.61% to   close at 5417.20.
• Nifty February futures closed at 12 points premium.
• Nifty price and OI data indicate heavy short build up.
• Outlook for Nifty in coming session remains negative but a short covering rally cannot be ruled   out.
• Volatility India index VIX closed at 23.73 gained 1.36% as market slide down with huge ferocity.
• PCR (volume) is at 0.85 as fresh Put buying and heavy call writing had been witnessed.
• Heavy Call writing seen in Nifty Feb strikes of 5400, 5500, 5600 and 5700 call.
• Fresh long build up at 5400 Nifty Feb put.
• Profit booking seen at 5500, 5600, 5700 and 5800 Nifty Feb puts.
• On basis of option data near term range for the market is seen in between 5300– 5700.
• Realty sector saw huge selling pressure as the sector went down in trade close to 5%.Stocks   like Unitech, HDIL etc were down in trade by 10%, & 5% each respectively.
• Infrastructure followed realty sectors foot steps as it witnessed selling across the board some   of the top losers were GVKPIL (-3.8%), IRB (6%).
• All Major sectors closed in Deep Red.
Views: 357 | Added by: gopalbagani | Rating: 0.0/0



Free Clock
Calendar
«  February 2011  »
SuMoTuWeThFrSa
  12345
6789101112
13141516171819
20212223242526
2728



                                                     





Search