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05.10.

2011

NIFTY SNAPSHOT Nifty Spot Nifty Oct Nifty Nov Chg. OI (Oct) (%) Chg. OI (Nov) (%) Implied Volatility (%) Nifty Support Nifty Resistance 50 Day EMA 100 Day EMA 200 Day EMA Put-Call Ratio Historical Volatility (%) Volatility Index CURRENT 4772.15 4779.00 4794.00 5.26 11.16 35.15 4580 4900 5193 5248 5389 1.53 32.50 37.19 PREVIOUS 4849.50 4857.75 4871.35 -0.32 8.76 34.05 4720 5000 5106 5257 5395 1.61 32.47 35.07

DAILY CHART: NIFTY

NIFTY STRATEGY We recommend the following trading strategy:

NIFTY-TECHNICAL OUTLOOK Today the markets are likely to open on flat note on back of negative global cues. All emerging markets are trading negative. The coming session is likely to witness a range of 4580 on declines and 4900 on advances.

Buy 1 Lot Oct Month Nifty 4900 CE around 100. Buy 1 Lot Oct Month Nifty 4700 PE around 135. Lot size: 50

Max Profit: Unlimited Max Loss: 11750 (235*50)

WORLD MARKET COMMENTARY Yesterday all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in green. Dow was up by 1.44% and closed at 10808; S&P 500 was up by 2.25% at 1124. European indices ended in red with FTSE down by 2.58%, DAX was down by 2.98% & CAC 40 was down by 2.61%. Today major stock markets in Asia are trading mixed. Shanghai Composite is down by 0.25% at 2359 and Hang Seng is down by 3.40% at 16250. Japans Nikkei is down by 0.83% at 8385 and Singapores Straits Times is up by 0.17% at 2535.

Singapore Nifty future is currently up by 3 points at 4782.

SECURITY IN BAN PERIOD GITANJALI is in ban period for trade date Oct. 05, 2011 F&O segment.

FIIS ACTIVITY IN F&O IN LAST TEN SESSIONS (DERIVATIVE SEGMENT)


3000 2500 2000 1500 1000 500 0 -500 -1000 -1500 21- 22- 23- 26- 27- 28- 29- 30- 03- 04Sep Sep Sep Sep Sep Sep Sep Sep Oct Oct

FIIS ACTIVITY IN F&O IN LAST TEN SESSIONS (DERIVATIVE SEGMENT)

Sell 47.87%

Buy 52.13%

BASIS GAP IN NIFTY


15

NIFTY TOTAL OPEN INTEREST

Call

Put

10 5 0 -5

-10 21- 22- 23- 26- 27- 28- 29- 30- 03- 04Sep Sep Sep Sep Sep Sep Sep Sep Oct Oct

8000000 7000000 6000000 5000000 4000000 3000000 2000000 1000000 0 4500 4600 4700 4800 4900 5000 5100 5200 5300

NIFTY CHANGE IN OPEN INTREST

FIIs are net sellers in (F&O segment) last


1200000 1000000 800000 600000 400000 200000 0 -200000 -400000 -600000
Call

session by INR 525.37 crores. Nifty Oct Futures closed at a premium of 6.85 points. Maximum Call for Oct month stands at the levels of 5200. Maximum Put for Oct month stands at the levels of 4700. Nifty closed down by 1.60% and open interest added by 5.26%.
4500 4600 4700 4800 4900 5000 5100 5200 5300

STOCK REC0MMENDATIONS VIPIND View: Bullish C.M.P: 870.00

On daily chart the stock is moving in an upward channel, it closed with a bullish candle with increase in volumes. Momentum oscillators are neutral to positive.
We recommend to: Buy Oct. Fut. Around: 872.00 Stop Loss: 864.00 Target: 888.00 Lot size: 500

ZEELTD View: Bearish C.M.P: 115.00

On daily chart there the stock is showing weakness against the market. Momentum oscillators are neutral to negative.
We recommend to: Sell Oct. Fut. Below: 114.00 Stop Loss: 116.00 Target: 110.00 Lot size: 2000

CENTURYTEX View: Bearish C.M.P: 285.00

On daily chart there the stock is showing weakness against the market. Momentum oscillators are neutral to negative.
We recommend to: Sell Oct. Fut. Below: 284.00 Stop Loss: 287.00 Target: 278.00 Lot size: 1000

For Any Query or Suggestions email at researchfeedback@smcindiaonline.com

Analyst
Asmita Satyendra asmitasatyendra@smcindiaonline.com

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