05.08.

2011

NIFTY SNAPSHOT Nifty Spot Nifty Aug Nifty Sep Chg. OI (Aug) (%) Chg. OI (Sep) (%) Implied Volatility (%) Nifty Support Nifty Resistance 50 Day EMA 100 Day EMA 200 Day EMA Put-Call Ratio Historical Volatility (%) Volatility Index CURRENT 5331.80 5337.20 5352.00 2.95 17.12 19.63 4950 5440 5535 5564 5580 0.88 20.72 20.22 PREVIOUS 5404.80 5424.40 5441.30 9.63 6.58 18.87 5330 5530 5543 5569 5583 1.01 19.89 19.48

DAILY CHART: NIFTY

NIFTY STRATEGY We recommend the following trading strategy:

NIFTY-TECHNICAL OUTLOOK Today the markets are likely to open on a negative note on back of negative global cues. All emerging markets are trading negative. The coming session is likely to witness a range of 4950 on declines and 5440 on advances.

Buy 1 Lot Aug Month Nifty 5300 CE around 50. Buy 1 Lot Aug Month Nifty 5200 PE around 90. Lot size: 50

Max Profit: Unlimited Max Loss: 7000(140*50)

WORLD MARKET COMMENTARY Yesterday all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in red. Dow was down by 4.31% and closed at 11384; S&P 500 down by 4.78% at 1200. European indices ended in red with FTSE down by 3.43%, DAX was down by 3.40% & CAC 40 was down by 3.90%. Today major stock markets in Asia are trading in red. Shanghai Composite is down by 1.68% at 2638 and Hang Seng is down by 4.24% at 2956. Japans Nikkei is down by 3.36% at 9334 and Singapores Straits Times is down by 2.91% at 3016.

Singapore Nifty future is currently down by 132 points at 5208.00.

SECURITY IN BAN PERIOD DCHL and GITANJALI is in ban period for trade date Aug, 05, 2011 F&O segment. FIIS ACTIVITY IN F&O IN LAST TEN SESSIONS FIIS ACTIVITY IN F&O IN LAST SESSION

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

2500 2000 1500 1000 500 0 -500 -1000 -1500 22- 25- 26- 27- 28- 29- 01- 02- 03- 04Jul Jul Jul Jul Jul Jul Aug Aug Aug Aug

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

Sell 47.87% Buy 52.13%

BASIS GAP IN NIFTY

NIFTY TOTAL OPEN INTEREST

20 15 10 5 0 -5 22- 25- 26- 27- 28- 29- 01- 02- 03- 04Jul Jul Jul Jul Jul Jul Aug Aug Aug Aug

9000000 8000000 7000000 6000000 5000000 4000000 3000000 2000000 1000000 0 5000

Call

Put

5100

5200

5300

5400

5500

5600

5700

NIFTY CHANGE IN OPEN INTREST

2000000 1500000 1000000 500000 0 5000

Call

Put

FIIs are net sellers in (F&O segment) last session by INR 1391.83 crores. Nifty Aug Futures closed at a premium of 5.40 points. Maximum Call for Aug month stands at the levels of 5600. Maximum Put for Aug month stands at the levels of 5400. Nifty closed down by 1.35% and open interest added by 2.95%.

5100

5200

5300

5400

5500

5600

5700

-500000 -1000000 -1500000

5800

5800

STOCK REC0MMENDATIONS
EDUCOMP View: Bullish C.M.P: 327.70

On daily chart the stock has taken support around 317 levels, it closed with a bullish candle and increase in volume. Momentum oscillators are neutral to positive.
We recommend to: Buy Aug. Fut. Around: 329.00 Stop Loss: 326.00 Target: 335.00 Lot size: 500

ASHOKLEY View: Bearish C.M.P: 24.20

On daily chart the stock is showing weakness against the market, it has strong resistance around its 20-DMA. Momentum oscillators are neutral to negative.
We recommend to: Sell Aug. Fut. Below: 24.00 Stop Loss: 26.00 Target: 20.00 Lot size: 8000

GRASIM View: Bearish C.M.P: 2163.75

On daily chart the stock is showing weakness against the market, it closed below its 20-DMA. Momentum oscillators are neutral to negative.
We recommend to: Sell Aug. Fut. Below: 2160.00 Stop Loss: 2182.00 Target: 2120.00 Lot size: 125

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

Analyst
Asmita Satyendra asmitasatyendra@smcindiaonline.com

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