Market outlook stoplosstrade 22 july 2013

8,482
-1

Published on

Market outlook stoplosstrade 22 july 2013

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
8,482
On Slideshare
0
From Embeds
0
Number of Embeds
6
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Market outlook stoplosstrade 22 july 2013

  1. 1. 22-07-2013 © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com Daily Market Insight Outlook for the day Over the weekend, there is the upper house elections in Japan, which is considered to be crucial for the PM Shinzo Abe's plan of rolling out structural reforms. Going into next week, we have several important results followed by monetary policy meeting in end July. The FOMC is scheduled to meets on July 30-31 and September 17-18, which would put further light on the path to be taken by Fed. The Nifty too reversed from the low of 5,910 and managed a weekly close above 6,000. It is possible that the index reverses lower in the early part of next week and declines to 5,967 or 5,908. Traders can buy in declines as long as the index trades above the first support. Reversal from here will mean that the index can move on to 6,133 or 6,230 in the short-term. Short-term trend will turn negative only on a decline below 5,908. Next target for the index would be 5,816 or 5,757. Our medium-term view for the index stays unaltered. If the index reverses before 6,200, it can decline to the 5,750 level as the sideways consolidation phase that began from the 6,230 peak continues. The going will get painful only on a strong breach of the 5,750 level. INDICES LTP Change % Change NIFTY 6029.20 -8.85% -0.15% SENSEX 20149.85 21.44 0.11% CNX SMALLCAP 2908.45 -17.15 -0.59% CNXMIDCAP 7408.10 -60.20 -0.81% BANKNIFTY 10973.90 -213.80 -1.91%
  2. 2. 22-07-2013 info@stoplosstrade.com Daily Market Insight Option Strategy- NIFTY OPTION OPEN INTEREST CHART NIFTY OPTION OPEN INTEREST CHANGE CHART The option data suggests that the market participants are currently visualizing the 6200 mark on the higher side. Very high CALL writing at 6200 Strike price will stop market to move beyond 6200 mark. On the other side we can see equal PUT writings on 5900 to 5800 strike price. This indicates that NIFTY down move would be restricted below 5800 mark. Last session’s option data indicated that NIFTY can have a range of 5800 and 6200 in near term. © Copyright 2012, HBJ Capital Services Pvt. Ltd. 0 2000000 4000000 6000000 8000000 10000000 12000000 5400 5500 5600 5700 5800 5900 6000 6100 6200 6300 CALL OI PUT OI -2000000 -1500000 -1000000 -500000 0 500000 1000000 1500000 2000000 5400 5500 5600 5700 5800 5900 6000 6100 6200 6300 CALL OI CHANGE PUT OI CHANGE
  3. 3. 22-07-2013 Daily Market Insight Derivative Info © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com Decrease In Open Interest Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price RAYMOND 4552 3815 -16.19% 233.3 -3.85% UCOBANK 4850 4128 -14.89% 69.7 -5.75% EXIDEIND 1243 1104 -11.18% 134.5 0.41% HDFCBANK 17002 15189 -10.66% 681.85 -0.29% PFC 5355 4814 -10.10% 133.2 2.34% Decrease In Open Interest & Increase In Price Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price EXIDEIND 1243 1104 -11.18% 134.5 0.41% PFC 5355 4814 -10.10% 133.2 2.34% TATACOMM 4237 3850 -9.13% 165.2 0.36% UNIPHOS 3567 3251 -8.86% 147 1.84% COALINDIA 5455 4996 -8.41% 297.35 1.73% SELL RAYMOND BUY EXIDEIND Increase In Open Interest Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price BAJAJ-AUTO 11474 12379 7.89% 1972.65 3.90% DABUR 1013 1083 6.91% 168.35 -1.61% FINANTECH 2321 2409 3.79% 628.4 -7.76% HINDZINC 1415 1465 3.53% 104.5 -2.47% TCS 32349 33372 3.16% 1734.35 4.51% BUY BAJAJ- AUTO Increase In Open Interest & Decrease In Price Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price DABUR 1013 1083 6.91% 168.35 -1.61% FINANTECH 2321 2409 3.79% 628.4 -7.76% HINDZINC 1415 1465 3.53% 104.5 -2.47% TATAPOWER 1257 1291 2.70% 92.65 -0.70% IDEA 4263 4370 2.51% 151.05 -0.40% SELL FINANTECH
  4. 4. 22-07-2013 Daily Market Insight © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com DISCLAIMER: This report has been prepared for private circulation and the content has been obtained from various sources believed to be reliable, but we do not hold ourselves liable for its completeness and accuracy. HBJ Capital Services Pvt. Ltd, STOPLOSSTRADE and any of its employees shall not be responsible for the content and actions taken on the basis of this content. This is not an offer to sell or solicitation to buy any securities. Users are advised to use the data for purposes of information only and rely on their own judgment while making investment decisions. Daily Market Insight is an Informative Newsletter, powered by STOPLOSSTRADE [www.stoplosstrade.com | www.stoplosstrade.in] About STOPLOSSTRADE - A decade old financial advisory services firm with a vision to simplify the complex world of the financial markets. It provides a wide range of services nationwide to a substantial and diversified client base that includes retail clients, HNI’s, corporates and financial institutions. STOPLOSSTRADE is a 100% subsidiary of HBJ Capital Services Pvt. Ltd. Complete details can be found on [www.stoplosstrade.com | www.stoplosstrade.in ] About HBJ Capital - HBJ Capital was founded in 2005 as an Equity research firm and currently has grown to become a Financial Services provider.HBJ Capital has core competencies in Equity Research, Corporate Consultancy and Private Equity. The company is one of the leaders in Equity research domain and provides services to retail clients, HNI’ s, FII’s, Hedge Funds and Brokerage partners. Complete details can be found on www.hbjcapital.com
  5. 5. 22-07-2013 Daily Market Insight Corporate Office (Bangalore) Stoplosstrade (SLT) #912, 1st F Main, Girinagar 2nd Phase, BSK 3rd Stage, Bangalore -85; LandMark: Near Sai baba Temple Phone: 080 65681133/34 Mobile: +91-9886403791/+080 – 6 999 999 2 E-Mail: info@stoplosstrade.com Bangalore Branch Office: Stoplosstrade (SLT) #578, Shree Durga Arcade, 2nd Floor Girinagar 2nd Phase, 6ty Block, BSK III stage, Bangalore – 560 085 LandMark: Above AXIS Bank Mobile: +91-9886403791/080-6 999 999 2 E-Mail: info@stoplosstrade.com New Delhi Branch Office: #I-2 (3rd Floor), Central Market (Next to KFC ) Lajpat Nagar -2, New Delhi -110019 Ph-011 64780080/79/78/77/76 Mobile: +91 – 9718979319 [24X7] Contact: Mr. Abhishek Kumar Singh, Operation Head (New Delhi, NCR) www.stoplosstrade.in www.stoplosstrade.com www.hbjcapital.com © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com

×