TrackNifty
 

nifty target 10K by december 2014

nifty target 10K by december 2014

Thursday, 21 August 2014

September 2014 option portfolio ready - 22 Aug 2014

Hi,

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Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com

Wednesday, 20 August 2014

Nifty analysis for 20 Aug 2014 and Nifty view forecast for 21 Aug 2014 - 20 Aug 2014

Hi,

Nifty closed -22 points down at 7875.30. Entire day it trade sideways with bearish bias. 

This was what was tweeted at 9:17AM.
https://twitter.com/TrackNifty/

Daily at 9:17AM we present an overall situation of Nifty.

Cash market interpretation


ADV : DEC
Fair Bullish
TURNOVER
Weak Bearish
FII:DII
Bearish
CONCLUSION
Neutral

Derivative market interpretation ( fii only )


Nifty future interpretation : Bullish
BankNifty future interpretation : Bullish



INDEX FUTURE
STOCK FUTURE
5 DAY ( 13 – 20 aug )
 Bullish Bullish
3 DAY ( 18 – 20 aug )
 Neutral Neutral
1 DAY ( 19 - 20 aug )
 Neutral Neutral
CONCLUSION
 Bullish Bullish

Chart interpretation

Weak Bullish

Nifty forecast for 21 Aug 2014

Nifty likely to trade sideways with bearish bias, as it did today.

Advice for traders

1. Buy any dip towards 7842.


Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com

Thursday, 14 August 2014

Nifty analysis for 14 Aug 2014 and Nifty view forecast for 18 Aug 2014 - 14 Aug 2014

Hi,

Nifty kept trading sideways for more than half of the day and then tried to move up in line with our last forecast. Market breadth was good and stocks tried hard to recoup their losses registered yesterday. Nifty closed just short of 7800 at 7791. We have completed one time band successfully and from 18th Aug, we will enter another time band which is bearish in nature. But data and charts are favoring bulls albeit with weak buildup and weak turnover, so coming time will be very interesting and markets are expected to give sharp move either way making trading interesting.

Cash market interpretation

ADV : DEC
Bullish
TURNOVER
Weak Bullish
FII:DII
Bullish
CONCLUSION
Bullish

Derivative market interpretation


Nifty future interpretation : Directionless
BankNifty future interpretation : Directionless


INDEX FUTURE
STOCK FUTURE
5 DAY ( 8 – 14 aug )
 Directionless Bullish
3 DAY ( 12 – 14 aug )
 Bullish Bullish
1 DAY ( 13- 14 aug )
 Weak Bullish Directionless
CONCLUSION
 Bullish Bullish

Chart interpretation

Weak Bullish

Nifty forecast for 18 Aug 2014

Nifty likely to trade with bullish bias whole day.

Advice for traders

1. Sell any gap up blindly with 30 points stop loss.
2. Buy any dip towards 7760.


Note : Paid clients get stop loss and targets based on future levels.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com

Wednesday, 13 August 2014

Nifty analysis for 13 Aug 2014 and Nifty view forecast for 14 Aug 2014 - 13 Aug 2014

Hi,

In our yesterday's report we mentioned about buying the dip towards 7700 - 7680, and today Nifty reversed very sharply after making a dip with low of 7695.


Nifty gives away 50 points in just 15 minutes in the mid session with pressure mounting from all sides. Market breadth was horrible, with metal and realty stocks taking the most pounding. Unitech tanked 17%. FMCG, IT, and PHARMA sectors were used to maintain levels in Nifty. ITC, HINDUNILVR registere 2% plus gains.

Cash market interpretation


ADV : DEC
Bearish
TURNOVER
Bearish
FII:DII
Bullish
CONCLUSION
Bearish

Derivative market interpretation


Nifty future interpretation : Short Sell
BankNifty future interpretation : Short sell



INDEX FUTURE
STOCK FUTURE
5 DAY ( 7 – 13 aug )
 Weak Bullish Bearish
3 DAY ( 11 – 13 aug )
 Bullish Bearish
1 DAY ( 12- 13 aug )
 Bearish Bearish
CONCLUSION
 Weak Bullish Bearish

Chart interpretation

Weak Bullish

Nifty forecast for 14 Aug 2014

Nifty likely to trade sideways with bullish bias, as it did today.

Advice for traders

1. Sell any gap up blindly with 30 points stop loss.
2. Buy any dip towards 7700 - 7680.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com

Tuesday, 12 August 2014

Nifty analysis for 12 Aug 2014 and Nifty view forecast for 13 Aug 2014 - 12 Aug 2014

Hi,

In our last report http://blog.tracknifty.com/2014/08/nifty-analysis-for-8-aug-2014-and-nifty.html we mentioned about 160 points target in Nifty and today Nifty achieves this target. Yesterday it rose 57 points and today more than 100 points. Nifty is now nearing its resistance area and it will be interesting to see how data comes out.

Cash market interpretation


ADV : DEC
Fairly bullish
TURNOVER
Fairly bullish
FII:DII
Fairly bullish
CONCLUSION
Fairly bullish

Derivative market interpretation





INDEX FUTURE
STOCK FUTURE
5 DAY ( 6 – 12 aug )
 Direction less  Bullish
3 DAY ( 8 – 12 aug )
 Direction less  Bullish
1 DAY ( 11- 12 aug )
 Direction less  Direction less
CONCLUSION
 Direction less  Bullish

Nifty forecast for 13 Aug 2014

Nifty likely to trade sideways.

Advice for traders

1. Sell any gap up blindly with 30 points stop loss.
2. Buy any dip towards 7700 - 7680.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com

Friday, 8 August 2014

Nifty analysis for 8 Aug 2014 and Nifty view forecast for 9 Aug 2014 - 8 Aug 2014

Hi,

Nifty closed 80 points down at 7568. In yesterday's report we mentioned about super clean day. But due to US news about IRAQ, markets tumbled which was unexpected. This sudden unexpectedness was reflected in VIX which rose 3%. But apart from a sharp gap down and weak closing, markets for us remained strong entire day. HANGSENG, SHANGHAI to our surprise went to hit positive territory despite such pressure.

Our calculation was +80 closing for today(8th Aug), but due to bad news, it went down(-80), so Nifty should rise 80+80 = 160 points from here on next week.

Cash market interpretation

ADV:DEC ratio was clearly bearish.

Advance324Decline1236Unchanged45

Cash market turnover
Traded Volume (shares in lakh)Traded Value (Rs crores)
728613,807.42

FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII8-August-20142754.393258.13-503.74
DII8-August-20141560.601104.58456.02

FII : DII turnover was strong, contrary to many. Nifty opened gap-down, but there was hardly any selling. This is evident from the fact that total cash turnover increased by mere 1% and number of trades too showed hardly any improvement.

Derivative data interpretation ( FII only )

Nifty future premium : 23, OI : 1,22,03,000 (-6.79%), Indication: directionless

Daily Index and Stock futures trend


5 DAY (4 - 8 AUG 2014)
INDEX FUTURE
-3009.58CR
-10450DIRECTIONLESS
STOCK FUTURE
-999.06CR
-5332DIRECTIONLESS

3 DAY (6 - 8 AUG 2014)
INDEX FUTURE-2396.39CR-37146DIRECTIONLESS
STOCK FUTURE-79.42CR-4218DIRECTIONLESS

1 DAY (8 AUG 2014)
INDEX FUTURE-2300.75CR-16921DIRECTIONLESS
STOCK FUTURE-480.38CR-254DIRECTIONLESS

AUG 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES -4520.62
INDEX OPTIONS 6090.56
STOCK FUTURES 1105.77
STOCK OPTIONS 192.07

FII DERIVATIVES STATISTICS FOR 08-Aug-2014

BUY
SELL
OPEN INTEREST AT THE END OF THE DAY

No. of contracts
Amt in Crores
No. of contracts
Amt in Crores
No. of contracts
Amt in Crores
INDEX FUTURES
32721
1234.51
104730
3954.58
248143
9383.26
INDEX 
OPTIONS
442095
16676.12
399523
15180.42
1367001
51688.70
STOCK FUTURES
56337
2036.12
62059
2306.12
1369690
48013.32
STOCK OPTIONS
71216
2531.47
73803
2625.16
64607
2299.38

FII derivative data is now totally direction-less, so market is expected to give confusing signals. We mentioned this right at the start of the series in our first report. Best would be to focus on intraday trading only for this entire series.

Nifty forecast for 11 AUG 2014

Contrary to many, we are again expecting a super clean bullish day.

Advice for traders

1. Focus on buying only. 

2. Buying area is above 7580 only.
3. Clear cut targets are given to paid clients. These stop loss / targets are based on future value and can be put directly into the system.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com

Thursday, 7 August 2014

Nifty analysis for 7 Aug 2014 and Nifty view forecast for 8 Aug 2014 - 7 Aug 2014

Hi,

In our yesterday's analysis we mentioned about sell on rise trend in Nifty and today Nifty did exactly that. The 120 points fall which we were anticipating was finished today with Nifty making a low of -40 points.

Cash market interpretation

ADV:DEC ratio pointed towards decline but it was not much sharp.


Advance589Decline945Unchanged76


Cash market turnover declined marginally, so it was again a down day without much conviction. We mentioned in our several last reports that Aug will see markets correcting but will keep traders guessing with wild up/down days.


Cash market turnover
Traded Volume (shares in lakh)Traded Value (Rs crores)
732413,735.24


FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII7-August-20142714.142787.81-73.07
DII7-August-20141290.11061.11228.99

FII : DII turnover was weak bullish again.


Derivative data interpretation ( FII only )

Nifty future premium : 20, OI : 1,30,92,300 (-4.65%), Indication: directionless

Daily Index and Stock futures trend



5 DAY (1 - 7 AUG 2014)
INDEX FUTURE
-654.83CR
17333SELL
STOCK FUTURE
857.02
-4457UP

3 DAY (5 - 7 AUG 2014)
INDEX FUTURE-742.99CR5615SELL
STOCK FUTURE19.80-7676DIRECTIONLESS


1 DAY (7 AUG 2014)
INDEX FUTURE-419.32CR-20225DIRECTIONLESS
STOCK FUTURE210.38-3964UP

AUG 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES -1800.56
INDEX OPTIONS 4594.86
STOCK FUTURES 1375.76
STOCK OPTIONS 285.76


FII DERIVATIVES STATISTICS FOR 07-Aug-2014

BUY
SELL
OPEN INTEREST AT THE END OF THE DAY

No. of contracts
Amt in Crores
No. of contracts
Amt in Crores
No. of contracts
Amt in Crores
INDEX FUTURES
42834
1645.67
53819
2064.98
265064
10141.58
INDEX 
OPTIONS
411335
15743.34
397310
15239.14
1320649
50475.29
STOCK FUTURES
59258
2213.39
52370
2003.00
1369944
48977.85
STOCK OPTIONS
48805
1821.18
49789
1851.74
61928
2223.01


FII derivative data is now showing sell nature in index futures and buying trend in stock futures. Now, there is clear divergence in both these data. Market now is giving mixed signal again. There should be stock specific bullishness, but index should remain sell on rise.

Nifty forecast for 8 AUG 2014

Contrary to many, we are expecting a super clean bullish day.

Advice for traders

1. Focus on buying only. 

2. Buying area is above 7680 only.
3. Clear cut targets are given to paid clients. These stop loss / targets are based on future value and can be put directly into the system.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com