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A1 Stock Tips
The key points from the document are: 1) Indian stock markets ended lower for the second consecutive session led by losses in realty, banking and oil & gas stocks, closing down 1% at a one-month low on the September futures and options expiry day. 2) The Nifty futures contract found support around 7950 in the early session but saw a sharp fall later in the day, closing around the 7900 level. 3) This suggests the correction in markets may continue in the upcoming October series with support seen between 7940-7900 and immediate resistance at 8040 and 8090.
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A1 Stock Tips
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- 2. S S INDEX VALUE CHANGE % SENSEX 26468 -276 -1.03 NIFTY 7911 -90 -1.13 BANK NIFTY 15299 -441 -2.80 INDIA VIX 13.29 0.76 6.08 CATEGORY BUY SELL NET FII 6308.96 7160.2 -851.24 DII 2822.33 2003.71 818.62 BIG BULLS ACTIVITY MARKET GOSSIPS FOURTH UMPIRE Markets continued the selling pressure seen from last two sessions mainly led by Realty, Banking and Oil & Gas stocks and closed 1% down on F&O Expiry day breaching crucial supports. Nifty future found support around 7950 in the first half and showed free fall after crossing it and closed around 7900 mark. Closing indicates that correction is likely to continue and Oct series may find support in the range of 7940-7900 and immediate resistance is seen near 8040. TREND: SIDEWAYS SUPPORT : 7940 & 7900 RESISTANCE: 8040 & 8090 MARKET POSITIONS Markets end at one-month low on Sept F&O expiry; Banking stocks extends losses. IT stocks moved higher after rival Accenture's results. Oil & Gas stocks dips on gas price hike deferral; ONGC dips. Metal stocks extend loss post SC order. Aban Offshore dips 16% on profit booking.
- 3. SCRIPS @ TARGETS B/S SL1 T1 T2 T3 BHEL S 200 201 199 198 197 GAIL B 457.25 455.25 459.25 461.25 463.25 SCRIPS @ TARGETS B/S SL1 T1 T2 T3 CESC S 732.80 740.20 725.50 718.20 711 DLF S 153.65 155.20 152.15 150.65 149.15 SCRIPS CLOSE R2 R1 S1 S2 RELIANCE FUT 928.20 1010 970 890 850 ONGC FUT 398.55 408 403 393 388 TATA STEEL FUT 457.55 467 462 452 447 SBI FUT 2374.65 2450 2410 2330 2290 INFY FUT 3684.10 3760 3720 3620 3580 NIL. OPEN INTEREST 24-SEPT-13 25-SEPT-14 CHANGE IN OPEN INTEREST % NIFTY 8077700 6313750 -1763950 -21.84 FUTURE CASH PIVOT TABLE FUTURES & OPTIONS DATA SCRIPS IN F&O BAN FOR TRADE A STEP AHEAD
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