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Tuesday, 1 July 2014

Nifty analysis for 1st July 2014 and Nifty view forecast for 2nd July 2014 - 1 July 2014

 JULY 2014
NIFTY FUTURE
(Points : Rs)
OPTIONS
(% : Rs)
COMMODITIES*
(% : Rs)
STOCKS
(percent)
BOOKED100 : 5000/-38 : 4600/--0.71
RUNNING



* Commodity profits are converted to their NG equivalents.

Nifty analysis for 1 JULY 2014


Nifty closed 23 points plus after holding ground above 7620 successfully entire day. IT sector kept applying pressure entire day and with no major support coming from BankNifty, Nifty remained sluggish forming a base above 7620. 




Metals, and Auto were star sectors of the day with each registering more than 2% gains. Hindalco zoomed 6.7% to close at 177.2. LT, BHEL, YESBANK all closed nicely 1-2% higher.
IDFC, SBIN, DLF, couldn't continue their momentum and closed flat to red.

995 stocks advanced, where as 531 stocks declined.

IT, Pharma, PSU Banks, and Energy sector closed in negative with IT falling more than 1%.

FII : DII ratio remained equal which reflected in Nifty closing near flat.

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 1-July-2014 3790.732934.38856.35
DII 1-July-2014 1245.282019.94-774.66

In derivative segment FIIs bought stock futures after continuous selling for last 2 days.

Nifty future premium rose to 28 points with further reduction in OI. OI is now at the lower end of the range at 13603750.


JULY 2014 SERIES TURNOVER ( Cr )
INDEX FUTURES -381.79
INDEX OPTIONS 1686.85
STOCK FUTURES -373.68
STOCK OPTIONS 31.63


FII DERIVATIVES STATISTICS FOR 1-JULY-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
30160
1155.18
31389
1202.59
287058
11007.33
INDEX OPTIONS
120304
4592.43
110590
4196.76
1209853
46192.24
STOCK FUTURES
83192
3157.00
64066
2493.06
1476228
55880.44
STOCK OPTIONS
35984
1358.86
36180
1371.12
61101
2304.51

Conclusion : Markets uneasy at higher levels

Highlight of the day

Hindalco zoomed 6%

Nifty future OI reduced further by 2%

Stock ideas update

RENUKA remained flat at 28 and BHEL closed 1% higher at 252 both remaining in their buying zone. Today paid clients took position in TATASTEEL.

Trade update

We book profits in our Nifty F&O position for July 2014 series and our series starts with 9K profit in F&O. Paid clients took some new positions in Options today.
Check http://nifty-trade.tracknifty.com/

Nifty forecast for 2 JULY 2014

emailed to clients

Advice for traders

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