VIEWS: 5 PAGES: 4 POSTED ON: 12/20/2011
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. It is only for private circulation and use .The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. No action is solicited on the basis of the contents of the report. The report should not be reproduced or redistributed to any other person(s)in any form without prior written permission of the SMC. The contents of this material are general and are neither comprehensive nor inclusive. Neither SMC nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. It does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments involve risk and past performance doesn’t guarantee future results. The value of, and income from investments may vary because of the changes in the macro and micro factors given at a certain period of time. The person should use his/her own judgment while taking investment decisions. Please note that we and our affiliates, officers, directors, and employees, including persons involved in the preparation or issuance if this material;(a) from time to time, may have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned here in or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or may perform or seek to perform investment banking services for such company(ies) or act as advisor or lender/borrower to such company(ies) or (c) may have any other potential conflict of interest with respect to any recommendation and related information and opinions. All disputes shall be subject to the exclusive jurisdiction of Delhi High court.
Pages to are hidden for
"NIFTY SNAPSHOT DAILY CHART NIFTY NIFTY STRATEGY NIFTY-TECHNICAL "Please download to view full document