FII SOLD 747 CR IN F& O
FII BOUGHT 486 CR IN CASH
DII SOLD 155 CR
SGX NIFTY CLOSED@ 4862/4879(MADE A HIGH OF 4896)
VIX-30.40
$ INDEX- 80.71(BULISH 4 EMERGING MKT)
NS VIEWS:
RES:4897-4929-4949
SUP:4835-4803-4782
BUY ABOVE 4866,SELL BELOW 4852
TOMM NIFTY MAY OPEN WITH +VE BIAS(OR GAP UP)NEAR 4897 & IF SUSTAINS ABOVE THAT MAY SEE STEADY UPMOVE TILL 4949 WITH SOME INTRA CORRECTIONS NEAR 4910 &4929 LEVELS...TILL NIFTY DOES NOT CLOSE THE OPENING GAP IT IS BUY ON EVERY DIPS INTRADAY...KEEP LONG POSITION OPEN WITH TSL.
BUT IF DOES NOT MOVE ABOVE 4910-15,THEN CAN BE SHORTED WITH SL 4929 FOR TGTS 4884-4860-4835...BELOW THAT EVEN 4805 MAY BE TESTED
UNWINDING IN 4800 AND 4900 CE OPEN INTEREST AND ADDITION IN O.I IN 4800 AND 4900PE SUGGEST BULLISH SENTIMENTS FOR TOMM,BUT BEING DERIVATIVE EXPIRY DAY NIFTY IS AT MERCY OF OPERATORS.
TOMMORROW ALSO ECONOMIC SURVEY REPORT WILL BE DECLARED
IF NIFTY MOVES PAST ABOVE 4930 AND CLOSE ABOVE IT FOR 2 DAYS THEN MAY SEE TGTS OF 5032-5077 IN FEW DAYS & IF NIFTY DOES NOT CLOSE BELOW 4860 THEN MAY EXPECT 5322 IN MARCH SERIES
Ten people who speak make more noise than ten thousand who are silent
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