NSE Nifty at New Record High on April 2, 2014


Intraday Calls

Review of the Last Intra-day:
During previous intraday the Nifty made a high of 6732 and low 6675. After making an intraday range of 57 points, the Share Bazaar closed up 17 points at 6721. On the last trading day, European indices were up. FTSE was up 54 points, CAC was up 35 point, and DAX was up 48 points. US markets were up. Dow Jones closed up 75 points, S&P 500 was up 13 points, and Nasdaq was up by 69 points.

FII and DII Activity in Last Intraday:
Yesterday, FIIs bought Rs. 386 crores in cash segment while DIIs sold Rs. 248 crores in cash. FIIs bought Rs. 59 crores in Index futures and FIIs bought Rs. 93 crores in index options. In stock futures FIIs purchased Rs. 90 crores and in stock options FIIs bought Rs. 6 crores. This is the provisional data from NSE. Here you can view final data from SEBI.

Options Segment Activity:
In f&o market, April series options data tells that, Nifty 6800 call adds 4.2 lac shares and Nifty 6700 call sheds 5.8 lac shares. Nifty 6700 put adds 4.7 lac shares. Maximum 31 lac shares are outstanding at 6700 call and 43.1 lac shares at 6600 put. According to options data, bulls have upper hand on bears.

Currency Market:
The currency market was closed. 

Beginning of the Day:
Today morning, Asian markets are trading positive. Nikkei is up 226 points, Hang Seng is up 108 points, Taiwan is up by 34 points, and Kospi is up by 5 points. Here you can find latest detail on world market indices along with intraday charts. SGX Nifty is trading 53 points positive till 7:05 a.m. So we can expect a positive opening.

Today Nifty opened at record high of 6757 up 36 points and made a new life high of 6763 and low of 6729 till 10:37 a.m. There is lesser upper side left for markets. 


Today's Intraday Calls:

  • Sold NIFTY Future 6771 S L 6791 target 6731

Mid-day Review:
For the intraday, till 12:35 p.m. Nifty is up about 20 points. Top gainers for Nifty are IDFC, BHARTIARTL, and TATAMOTORS while losers are ITC, JINDALSTEL, and ASIANPAINT. Here you can find more detail on gainers and losers. Dow future is up by 25 points and Euro zone futures are also up about 2 to 25 points. Here you can find full detail on world market futures.

Intraday Options Data:
On the options front, Nifty 6800 call adds 4 lac shares. Nifty 6700 put adds 7.4 lac shares. Intraday data of options tells that, highest OI is at 6600 put and 6800 call. Full detail of Nifty options can be viewed here.

  • Bought NIFTY Future 6758
  • Sold NIFTY Future 6775 S L 6795 target 6735
  • S L hit in NIFTY Future 
Concluding Updates:
Nifty has made an intraday high of 6763 and low of 6723 till 3:04 p.m. Intraday options data tells that, Nifty 6800 call adds 6.4 lac shares. Nifty 6700 put adds 12.1 lac shares. Highest OI is at 6800 call at 36.1 lac shares and 6600 put at 52.3 lac shares. I have closed all intraday trades. BTST for the day is none. STBT for the day is none.

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