Thursday 19 March 2015

Nifty future Trend Today 20 Mar 2015-- By Alliance Research

NIFTY FUTURE-CMP(8635.85) is currently in SIDEWAYS trend . Yesterday the trend was VERY STRONG BEAR In Mar series Nifty future shed 2.87 lakh position in Open Interest and this accounts to -1.24 % of Total Open Interest in Mar series.The Nifty Mar series is trading at 1.2 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 0.21 lakh position in open interest and this accounts to 0.08 % of Total Open Interest in all series and cumulatively trading in average premium of 64.72 Rs to Underlying. The open interest is also not increasing with trend so be careful
At current price strike the activity is tilted to put side and ratio is still strong but addition of call is slightly increasing at 8600 level The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 607.4 lakh position and Nifty call option has added 695.39 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 12.95 crore in value and Nifty call option has added Rs 107.66 crore in value on cumulative basis.. 

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