24.11.2011 NIFTY SNAPSHOT DAILY CHART: NIFTY CURRENT PREVIOUS Nifty Spot 4706.45 4812.35 Nifty Nov 4703.90 4805.30 Nifty Dec 4720.65 4830.10 Chg. OI (Nov) (%) -13.43 -10.15 Chg. OI (Dec) (%) 29.01 35.70 Implied Volatility (%) 27.69 25.06 Nifty Support 4550 4720 Nifty Resistance 4830 4920 50 Day EMA 5076 5046 100 Day EMA 5168 5186 200 Day EMA 5305 5363 Put-Call Ratio 0.49 0.64 Historical Volatility (%) 28.40 27.43 Volatility Index 30.68 27.35 NIFTY STRATEGY NIFTY-TECHNICAL OUTLOOK We recommend the following trading strategy: Today the markets are likely to open on a flat to negative note on back of negative global cues. All emerging markets are trading mixed. Buy 1 Lot Dec Month Nifty 4900 CE around 80. Buy 1 Lot Dec Month Nifty 4800 PE around 160. The coming session is likely to witness a range of 4550 on declines Lot size: 50 and 4830 on advances. Max Profit: Unlimited WORLD MARKET COMMENTARY Max Loss: 12000 (240*50) Yesterday all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in red. Dow was down by 2.05% and closed at 11257; S&P 500 was down by 2.21% at 1161. European indices ended in red with FTSE down by 1.29%, DAX was down by 1.44% & CAC 40 was down by 1.68 %. Today major stock markets in Asia are trading in mixed. Shanghai Composite is down by 0.18% at 2390 and Hang Seng is up by 0.56% at 17969. Japan’s Nikkei is down by 1.38% at 8199 and Singapore’s Straits Times is up by 0.32% at 2685. Singapore Nifty future is currently down by 14 points at 4690. SECURITY IN BAN PERIOD GITANJALI, RUCHISOYA and SUZLON are in ban period for trade date Nov. 24, 2011 F&O segment. FII’S ACTIVITY IN F&O IN LAST TEN SESSIONS FII’S ACTIVITY IN F&O IN LAST SESSION (DERIVATIVE SEGMENT) (DERIVATIVE SEGMENT) 1500 1000 500 Sell 0 47.87% Buy 52.13% -500 -1000 -1500 09- 11- 14- 15- 16- 17- 18- 21- 22- 23- Nov Nov Nov Nov Nov Nov Nov Nov Nov Nov BASIS GAP IN NIFTY NIFTY TOTAL OPEN INTEREST 25 20 7000000 Call Put 15 6000000 10 5000000 5 4000000 3000000 0 2000000 -5 a 1000000 -10 09- 11- 14- 15- 16- 17- 18- 21- 22- 23- 0 4500 4600 4700 4800 4900 5000 5100 5200 5300 Nov Nov Nov Nov Nov Nov Nov Nov Nov Nov NIFTY CHANGE IN OPEN INTREST FII’s are net sellers in (F&O segment) last 3000000 Call Put session by INR 1305.20 crores. 2000000 Nifty Nov Futures closed at a discount of 2.55 1000000 points. 0 Maximum Call for Nov month stands at the levels of 5200. -1000000 Maximum Put for Nov month stands at the -2000000 levels of 4600. -3000000 Nifty closed down by 2.20% and open interest -4000000 shed by 13.43%. 4500 4600 4700 4800 4900 5000 5100 5200 5300 STOCK REC0MMENDATIONS ITC View: Bullish C.M.P: 195.50 On daily chart the stock is trading within an upward channel, closed with increase in volume. Momentum oscillators are neutral to positive. We recommend to: Buy Dec. Fut. Above: 197.00 Stop Loss: 195.00 Target: 211.00 Lot size: 2000 JPASSOCIAT View: Bearish C.M.P: 60.55 On daily chart the stock is showing weakness against the market. Momentum oscillators are neutral to negative. We recommend to: Sell Dec. Fut. Below: 60.00 Stop Loss: 62.00 Target: 56.00 Lot size: 4000 TATACOMM View: Bearish C.M.P: 180.05 On daily chart the stock is showing weakness against the market. Momentum oscillators are neutral to negative. We recommend to: Sell Dec. Fut. Below: 179.00 Stop Loss: 181.00 Target: 175.00 Lot size: 1000 For Any Query or Suggestions email at firstname.lastname@example.org Analyst Asmita Satyendra email@example.com Disclaimer : This report is for the personal information of the authorized recipient and doesn’t construe to be any investment, legal or taxation advice to you. 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