Daily Nifty Observer by hedongchenchen


									                                                                     Daily Nifty Observer
                                                                                                                 Issue - 444                 March 16, 2011

                                          Spot Nifty Daily Chart
Nifty Outlook

Positive opening expected and Nifty may
test 5520/5545 levels



Market Strength Indicators

14 days RSI - Down by 5.07 points
at 47.28 levels

14 days SchRSI - Down by 29.28
at 68.3 levels                            Technical Corner                                                       Future Corner
Stochastic - Down by 1.03 points                                                                                   Nifty Feb 11 future is at Premium 9.65 of basis from Premium of
at 46.94 levels                            Spot Nifty closed at 5449.65 Down by 81.85 points after                 23.08 basis.
                                           downside up side movement for whole of the trading season with          Nifty Feb 11 future add 5.08 lakhs shares in open interest.
TSI - Down by 0.33 points                  fall in volume. It made a high of 5497.85 and low of 5373.65 in .       Nifty cummulative Future add 6.40 lakh shares in open interest
                                           intraday.                                                               from shed of 7.03 lakh shares earlier
                                                                                                                   Total F&O volume was up at Rs. 162054.39 crores from Rs.
Market Intensity Indicator                 14 days Schotestic RSI (60 minutes chart) closed at 68 levels &
                                           traded across its 9 period EMA for whole of the trading session.
                                                                                                                   100877.05 crores.

Advance - 272
                                           Today it may trade below it's 9 period EMA levels allwoing Nifty to   Note on intraday Price,OI & Volume
                                           trade arround 6000 levels.

Decline - 1169                             Nifty cash volume is Up at Rs 12942.69 from Rs. 9633.72 crore.
                                           Nifty is trading above its 20 period SMA but below its 50 periods
Volatility - Up by 0.02 at 0.24            and its 200 periods SMA. Long term trend is bullish as Nifty is         On Tuesday fall in Nifty (1.48%) was registered with rise in Nifty
levels                                     trading above its 200 days SMA around 5540 levels.                      Feb 11 futures open position (0.24%) and fall in Nifty spot intraday
                                                                                                                   volume (3.48 %).
PC Ratio - Up by 0.21 points at            Momentum oscillator is indicating that Nifty has just came above
                                           it's over-sold zone on intraday chart.                                  Nifty up with rise in OI but rise in Volume suggesting that the
1.3 levels
                                                                                                                   market has lot of traders have a short position in the market. The
                                                                                                                   market may be vulnerable to larger price swings as shorter-
Moving Average Indicator                   Nifty on Tuesday closed at at 5449.65 levels after showing rise
                                           tendency for whole of the trading sessions. It has a very strong        timeframe traders attempt to trade on short sides of the market but
                                           support at 5450 levels,and resistance at 6020/6050 levels, 23.60 %      liquidating before end-of-day. Often signals of a market turn near-
20 days SMA- 5466.3                        retracement (drawn from the low of 5786.45 as on 25/05/2010             term or continued volatility. More common at significant bottoms.
                                           and high of 6338.50 levels as on 05/11/2010). Since last couple of
50 days SMA - 5574.12                      days Nifty was found trading in a channel drawn from the low of         Current fall in Nifty of 81.85 points was due to fresh Short build up
                                           4786.45 (25/05/2010), low of 5690.35 (26/11/2010) and high of           in Mar 11 series.
                                           6222.10 (04/10/2010) and is likely to test the lower channl around
200 days SMA - 5672.15
                                           5800 levels before moving upwards towards all time high. Below
                                           5700 levels Nifty has major support around 5420/5400/5378
Bollinger Band - Lower middle              levels.
band                                                                                                             10 Days Nifty Future Premium

Other Indicators                          Change in Open Interest

Gold - Down

Crude - Down


FII's Spot - Positive

DII's Spot - Positive
                                                                                                                 Options Corner
F&O - Negative

Global Indices                                                                                                    Nifty put/call ratio of open interest is 1.5 and put/call ratio of
                                                                                                                  volume is 2.42.
                                                                                                                  Nifty call option add 6.78 lakhs shares in open interest and put
Asian - Mixed
                                                                                                                  options shed 13.42 lakhs in open interest.
                                                                                                                  Nifty Feb 11 5700 (-ve) & Dec 10 5800 (+ve) put options had seen
Europe - Down                                                                                                     maximum change in open interest.
                                                                                                                  Nifty Feb 11 6000 (-ve) & Dec 10 6100 (+ve) call options had seen
US -   Down                                                                                                       maximum change in open interest.
Stocks Corner
Fresh Long                                                             Short Covering                                                       Fresh Short                   Long Liquidation

                                               NAGARFERT NCC PFC TATAPOWER                                       RUCHISOYA FEDERALBNK RANBAXY YESBANK PANTALOONR IBREALEST
                                               HDFCBANK HCLTECH ROLTA SRTRANSFIN                                 TATAMTRDVR GTLINFRA JISLJALEQS ADANIPOWER GMRINFRA HINDZINC
                                               UNIPHOS LUPIN STER WIPRO AUROPHARMA                               MLL TTML KFA HDFC CROMPGREAV NHPC HEROHONDA STRTECH IRB
                                               INFOSYSTCH IOC DRREDDY SESAGOA                                    RELMEDIA POWERGRID HOTELEELA BHARATFORG DCHL INDUSINDBK
                                               RECLTD RPOWER KTKBANK NTPC                                        TATAMOTORS ULTRACEMCO JINDALSTEL RENUKA SCI JPPOWER
                                               AREVAT&D HINDALCO EXIDEIND MARUTI                                 ALOKTEXT ABGSHIP SBIN MAX GTOFFSHORE OIL INDHOTEL DLF
                                               SAIL ISPATIND MPHASIS BHEL ICICIBANK                              JINDALSWHL ANDHRABANK BOSCHLTD ABB CUMMINSIND BAJAJ-AUTO
 SIEMENS                                       SUNPHARMA GAIL SKUMARSYNF                                         GVKPIL WELCORP ADANIENT CHAMBLFERT HCC TITAN JSWSTEEL
 TH                                            JINDALSAW TATAGLOBAL TULIP                                        LICHSGFIN AXISBANK UNITECH TATASTEEL SREINFRA BANKBARODA
 SUNTV                                         TATACOMM ORBITCORP CANBK                                          TRIVENI CIPLA UCOBANK BIOCON FORTIS FINANTECH DABUR GODREJIND
                                               BHARTIARTL ALBK GSPL ONGC OFSS                                    UNIONBANK GESHIP SYNDIBANK POLARIS COREPROTEC EKC HAVELLS
                    MRF BEML
                                               HINDUNILVR BAJAJHLDNG INDIACEM                                    TVSMOTOR ABIRLANUVO BANKINDIA DIVISLAB HINDOILEXP IDFC
                                               TATACHEM 3IINFOTECH IFCI INDIAINFO                                PATELENG ACC MUNDRAPORT BPCL NMDC BGRENERGY TCS BEL
                                               STERLINBIO PNB FSL BRFL DCB ITC                                   RELINFRA ABAN ESSAROIL OPTOCIRCUI ASHOKLEY IVRCLINFRA SOBHA
                                               HEXAWARE KOTAKBANK HDIL VIDEOIND                                  BOMDYEING ZEEL EDUCOMP SUZLON HINDPETRO DISHTV ESCORTS
                                               BAJAJHIND GTL GLAXO BATAINDIA TV-18                               ONMOBILE MCLEODRUSS VOLTAS GMDCLTD IGL IDEA JETAIRWAYS
                                               APIL MOSERBAER                                                    PETRONET

News Corner
National                                                                                    Source - Google India News
                                                                                                                         International                                                          Source -Bloomberg

                                                                                                                            Asian Stocks Jump for First Time in Five Days After Selloff; Oil
 Nuclear Disaster Looms on Tokyo as Plant Explodes
 Cant Track BlackBerry, Gmail: DoT
                                                                                                                            AIG Takeover of Fuji Fire Offers 204% Arbitrage Gain After Quake:
 Accounts Panel Need not do Parallel Probe, Says Chacko
                                                                                                                            Real M&A
 Oppn Attacks Govt over US List of Ministers
                                                                                                                            Japan Stock Turmoil Threatens Deeper Economic Pain
 Chips Down: Japanese Crisis Takes Toll on Electronics Cos
                                                                                                                            Fed Upgrades Economic Outlook While Affirming Bond Stimulus
 HUL Plans Consumer Innovation Centre
                                                                                                                            Portugal’s Long-Term Bond Ratings Cut to A3 From A1 by Moody’s
 Tesco Plans to Shift More Jobs to its Bangalore Unit
                                                                                                                            Zillow Is Said to Hire Citigroup to Manage IPO of Online Property
 Top Cos Pay Over 30% Higher Advance Tax in Q4
 Air India Draws Criticism Over Hiring Top Officials Kin As Pilots
                                                                                                                            Bahrain Call for Troops Fails to End Protests as Hundreds Hurt
 Toyota Motors to Pump In Rs 300 cr
                                                                                                                            Baltic Pain Turns to Economic Growth While Protests Mean No Gain
 Air India Charters to Issue Rs 2,000cr Bonds
                                                                                                                            in Greece

Performance Corner
Daily Calls Monitor

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