TrackNifty
 
Free Nifty F&O calls for full one year

Friday, 30 May 2014

Finished 5th in dukascopy social trading May 2014 contest



http://www.dukascopy.com/fxcomm/social_trading/

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

Nifty analysis forecast for 2 June 2014 - 30 May 2014

Nifty analysis for 30 May 2014

Nifty after showing initial enthusiasm went onto close absolute flat down 0.1% at 7229.95. Nifty went 37 points plus and then kept falling entire day inch by inch flirting with 7230 level. Market breadth  was very good in the first half and then slowly deteriorated. We mentioned in our last report that buying area exists above 7290 and today Nifty couldnt cross it. Today was the last day of positivity which we mentioned at several places and in our time forecast : 

http://nifty-forecast.tracknifty.com/2014/05/nifty-time-and-technical-forecast-for_26.html

BankNifty tanked badly by 1.58% and IT index remained slightly on the plus side with gain of 0.48%. PSU Bank index lost the most by 2.68% and Pharma sector which was out of picture for quite some time posted 3.05% gain.


FII buying was huge but we believe it was in only selective stocks like HINDUNILVR etc.


FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 30-May-2014 17271.9314294.312977.62
DII 30-May-2014 2218.212676.36-458.15

Index futures saw buying and stock futures saw continuation selling in fresh series too by FIIs.



Nifty premium stands at merely 4 points with 8% OI addition which must be short positions.


MAY 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES 211.63
INDEX OPTIONS 310.53
STOCK FUTURES -839.93
STOCK OPTIONS 71.07


FII DERIVATIVES STATISTICS FOR 30-MAY-2014
BUYSELLOPEN INTEREST AT THE END OF THE DAY
No. of contractsAmt in CroresNo. of contractsAmt in CroresNo. of contractsAmt in Crores
INDEX FUTURES
67635
2463.18
61775
2251.55
291729
10586.79
INDEX OPTIONS
202749
7370.59
192852
7060.06
1192246
43127.58
STOCK FUTURES
167499
5863.95
188559
6703.89
1444369
50364.22
STOCK OPTIONS
36140
1353.94
34332
1282.87
30531
1122.73

Highlight of the day


Nifty opening low was 7118.

HINDUNILVR gained 8.4% to close at 603.35.


Nifty went up 37 points in the morning and was down 15 points with entire action taking place in a matter of 18 minutes.


Stock ideas update

Renuka remained plus to close at 24.8 up 1.2% .

http://nifty-multibagger-stocks.tracknifty.com/2014/01/multibagger-call-buy-renuka-19-january.html

Trade update

We exited our Nifty shorts with gain of 47 points without waiting for 7200 to get hit.

http://nifty-trade.tracknifty.com/2014/05/nse-nifty-june-2014-series-trade-1.html

Our June 2014 series booked profit now stands at 47 points.


Nifty forecast for 2 JUNE 2014


Nifty is likely to take out 7250 on 2 June 2014.


Advice for traders

Avoid shorts at current levels and instead wait for 7250+ levels.


Note : Read our TIME and TECHNICAL forecast for June 2014 series

http://nifty-forecast.tracknifty.com/2014/05/Nifty-time-and-technical-forecast-for-June-2014-series.html

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

Thursday, 29 May 2014

Nifty analysis forecast for 30 May 2014 - 29 May 2014

Nifty analysis for 29 MAY 2014

Nifty opened negative on the back of weak IT index and kept falling whole day on the back of INFY pressure. Expiry was fully open though we expected 7330 expiry but markets decided to fall. BankNifty remained positive most of the time but eventually it too gave up in the later half of the day to close down 143 points. Now buying area exists above 7290 only.

All indices closed in red with IT falling most by more than 3% and only Media sector closed decent  plus by 0.65%. 

FII now turning to selling mode and DII are now entering buying mode. How long this will continue, time will tell. 

FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 29-May-2014 6821.817344.71-522.90
DII 29-May-2014 2386.372191.17195.2

In derivative segment FIIs remained net sellers in both Index and Stock futures.


Nifty June 2014 future premium stands at 30 points.
MAY 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES 253.37
INDEX OPTIONS -2999.96
STOCK FUTURES -15782.76
STOCK OPTIONS -526.66


FII DERIVATIVES STATISTICS FOR 29-MAY-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
186078
6829.82
189134
6929.84
244389
8944.31
INDEX OPTIONS
594081
21681.72
545983
19988.27
1129203
40876.28
STOCK FUTURES
402682
14475.34
482151
17395.51
1432873
50290.02
STOCK OPTIONS
75092
2816.25
73437
2772.95
6995
271.35

Highlight of the day

Despite market falling VIX remained negative.

Stock ideas update

Renuka - multibagger closed flat at 24.5 and remained in buying territory. 

Trade update

We sold Nifty June 2014 futures today and are in 57 points of running profit.
http://nifty-trade.tracknifty.com/2014/05/nse-nifty-june-2014-series-trade-1-29.html

Nifty forecast for 30 MAY 2014

Markets likely to trade bearish.

Advice for traders

Trade on the short side with stop loss of 7290.

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

Wednesday, 28 May 2014

Nifty analysis forecast for 29 May 2014 - 28 May 2014

Nifty analysis for 28 MAY 2014

2 Days ago we mentioned about sideways movement of Nifty in this tweet 

And now Nifty is not going anywhere but market breadth remains positive very sharply in the first half. Tricky situation prevails now, after elections results are out. IT index closed with biggest gain of 1.49% and Metal index closed with biggest loss of 1.41%. BankNifty closed flat with gain of 89 points.

Tomorrow INFY is likely to trade lower putting markets under pressure, and BankNifty might be used to keep index higher.

FII/DII turnover is sluggish in straight sessions indicating lack of enthusiasm. 

FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 28-May-2014 5553.095839.63-286.54
DII 28-May-2014 1525.531558.93-33.4

In derivative segment FII continued their Index future buying and selling stock futures.

MAY 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES 353.39
INDEX OPTIONS -4693.41
STOCK FUTURES -12862.59
STOCK OPTIONS -569.96

FII DERIVATIVES STATISTICS FOR -MAY-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
179002
6603.54
159685
5889.11
581566
21471.92
INDEX OPTIONS
398027
14614.43
407995
14956.29
2498933
91765.52
STOCK FUTURES
481677
17060.99
499646
17649.07
1601364
56811.00
STOCK OPTIONS
73377
2750.37
71706
2694.15
135844
5025.27

Highlight of the day

Markets kept trading in narrow range which kept on decreasing whole day.

Stock ideas update

Renuka - multibagger, remains in buying zone and closed 0.4% higher at 24.65. 

Trade update

No NSE trades to track.
We took long position in Natural Gas : 
http://nifty-trade.tracknifty.com/2014/05/buy-natural-gas-june-2014-series-28-may.html

Nifty forecast for 29 MAY 2014

Markets likely to trade same as today, sideways to bullish.

Advice for traders

Don't trade at all.

Note : New series is going to start, to get wonderful F&O ideas at cheapest prices, send an email at admin@tracknifty.com . Check our performance : 

http://blog.tracknifty.com/2014/05/nifty-future-performance-table-from-jan.html
http://blog.tracknifty.com/2014/05/tracknifty-may-2014-performance-at.html


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

Monday, 26 May 2014

Nifty analysis forecast for 27 May 2014 - 26 May 2014

Nifty analysis for 26  MAY 2014

Nifty closed 8 points down to finish at 7359.05, but that won't tell you the story. It actually went up to hit 7504 as mentioned in our previous day report, and then fell more than 200 points from there to make a low of 7269, finding some buying support to close at 7359.05. We wrote about our target of 7500 in yesterday's report, and that the buying area exists above 7331. Nifty after hitting 7500 broke 7331 temporarily and closed in buying territory above 7331. 


Nifty opened 61 points higher at 7428 and without hitting stop loss went on to hit 7500. Cool 70 points must be made by traders who followed the advice given in our yesterday's report.

Stocks which were at a time 3-4% higher closed sharply down. UNITECH was once higher at around 4% closed 4% down. Small and Midcaps lost the ground by 2% each. Realty index got the most punishment of more than 5%. BankNifty closed -109 and IT index closed 119 points higher. For this series, IT index would be used to provide the cushion to keep Nifty higher.


At the end of the day net sell figures didn't enthuse much. 


FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 26-May-2014 5744.285828.41-84.13
DII 26-May-2014 2498.832707.22-208.39

In derivative segment FII added long positions to their stock future holdings and short covering was missing today too. In index futures short covering was seen with OI coming down to 527362 on the back of +334.80 Cr buying. Total turnover of Index future is now just short of positive territory at -376.60 Cr


Nifty future premium reduced to mere 2 points as expiry is 3 days away.

MAY 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES -376.60
INDEX OPTIONS -4121.73
STOCK FUTURES -11272.38
STOCK OPTIONS -572.33



FII DERIVATIVES STATISTICS FOR 26-MAY-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
165605
6195.93
156996
5861.13
527362
19499.14
INDEX OPTIONS
902502
33534.97
908712
33716.69
2536799
93505.42
STOCK FUTURES
492245
18369.63
488230
18163.07
1523161
54186.06
STOCK OPTIONS
112045
4307.51
114350
4387.24
139303
5182.46

Highlight of the day


1. VIX rose 12% higher to close at 19.84

2. BankNifty fell around 600 points from its morning highs.
3. HDIL closed 10% lower.

Stock ideas update

Renuka fell 4.9% to close at 24.5 and continues in buying territory.

http://nifty-multibagger-stocks.tracknifty.com/2014/01/multibagger-call-buy-renuka-19-january.html

Trade update

No free trades to track for this series.

Paid clients today took position for June 2014 series and were in running profit of around 50% at one time, and holding position with profit of around 30%.
Still 3 days are left for new series to start and one can still take position at throw away price of 500/- for our new option trade.

Nifty forecast for 27 MAY 2014


Nifty is likely to trade on bearish note. We tweeted about coming weakness during market hours.

refresh the page if tweet is not visible
Advice for traders

Selling area remains below 7412. One can short at market open with 7412 stop loss for target of XXXX.

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

Sunday, 25 May 2014

Nifty analysis forecast for 26 May 2014 - 23 May 2014

Nifty analysis for 23 MAY 2014

Nifty finally closed 90 points higher on 23rd May 2014 after getting support from SBIN which zoomed 10% after its results to close at 2753. BankNifty which remained flat for most of the time finally closed at 15285 up 229.95 points. IT remained flat. PSU Bank index remained top gainer by around 8%. MidCaps and Smallcaps continued attracting buying.

In our last report we mentioned that Nifty is likely to trade with bearish bias and highs are unlikely to sustain and this was exactly happened but SBIN results took Nifty and BankNifty higher. Though we expected to remain Nifty below 7300 it eventually remained above 7300.

FIIs turned buyers after taking a pause. DIIs now took pause in their selling.

FII trading activity on NSE,BSE and MCX-SX in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 23-May-2014 6726.686309.88416.80
DII 23-May-2014 1864.562000.06-135.3

In derivative segment Index futures were sold but Index options remained in covering mode as all options are highly written away and now coming towards the positive turnover. FIIs remained remained net sellers again in Stock futures with increase in OI. FIIs are now adding shorts in heavyweights. 

MAY 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES -267.01
INDEX OPTIONS -4714.49
STOCK FUTURES -11454.80
STOCK OPTIONS -354.55


FII DERIVATIVES STATISTICS FOR 23-MAY-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
88570
3273.03
100599
3717.42
532001
19740.67
INDEX OPTIONS
547279
20150.77
526672
19376.29
2547357
94036.59
STOCK FUTURES
218184
7896.54
217904
7920.69
1451214
52447.46
STOCK OPTIONS
116603
4091.68
120596
4229.73
131348
4943.14

Highlight of the day

1. SBIN zoomed 10%
2. PSU Bank index surged 8%
3. VIX remained flat after 4 days of cooling

Stock ideas update

Multibagger recommendation Renuka continued its north ward journey.

Trade update

No free ideas. Paid clients took positions for June 2014 series.

Nifty forecast for 26 MAY 2014

Nifty is likely to move up further towards 7500.

Advice for traders

Take long position with stop loss of 7331. Buying area exists only above 7331 spot.

Note Rates for our JUNE 2014 option recommendation slashed down further to throw away price of 500/- only. Hurry up !

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