Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 05 Apr 2019, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 05 Apr 2019
--------------------------------------------------------------------------------------------------------
SGX Nifty is at 11707, up 22 points. For today, we expect further consolidation with an upward bias as select heavyweights see buying.
On Thursday, Nifty saw a volatile session with markets pricing in a rate cut by the Reserve Bank, which saw intraday volatility spike. Nifty saw selling pressure for another day with the index falling almost 100 points before last hour recovery limited the losses. Banks, financial services & metals were the big losers while media, pharma & auto saw buying.
Global Market: Asian markets in the green as most awaited outcome of the trade talks between the US and China may have been priced in. The Asian indices have been on a roll in these last 3 months with the Chinese Shanghai up over 32%. For today, we expect positive consolidation as weekend blues will see traders keep the market light.
US Markets: Dow Jones closes at fresh 6 month highs on positive trade talks sentiment. Bond yields rise to 2.53% as expectations of growth returns with equities being the largest gainers. US futures point higher as Chinese President tweets about being very happy with trade talks direction.
FII/DII Data: In yesterday’s trading session, FIIs sold 226cr worth of stock in cash, whereas DIIs bought 1206cr worth of stock. In the derivative market, FIIs bought 73cr of Index futures and bought 1097cr worth of Index options. In the Stock futures segment, FIIs sold 167cr worth of stock futures and sold 48cr stock options.
FII View: In Index future segment, FIIs index future long/short ratio stands at 2.3x vs 2.2x, without any major activity seen in the future contract. However, despite a correction in the market, they squared-off short positions in index call options to the tune of 16681 contracts and also unwind long positions in the index put options to the tune of 7825 contracts, indicating a fresh upward momentum can resume from today’s trading session.
| FII | OI(000's) | % Chg | % Chg Since Expiry | Long/Short Ratio | Long/Short Since Expiry |
| Future Index Long | 154 | 1 | 1 | 2.3 | 1.0 |
| Future Index Short | 67 | (1) | (3) | ||
| Option Index Call Long | 219 | (1) | 8 | 3.0 | 1.2 |
| Option Index Call Short | 73 | (19) | (10) | ||
| Option Index Put Long | 285 | (3) | 16 | 1.4 | 1.0 |
| Option Index Put Short | 202 | 1 | 13 |
0 comments:
Post a Comment