Hi Friends My views on nifty target restricted to 2900-2960-3050 max is remain unchanged.
** *Look at the OI datas as on 30 jan 09, I was just compairing Mr Ravi Tardeja's observation in *pmalhanspick@ yahoogroups. com ** * [image: logo2]* * padiyara <http://padiyaraa.blogspot.com/> <http://padiyaraa.blogspot.com/>* <http://groups.yahoo.com/group/pmalhanspick/message/8228;_ylc=X3oDMTJyaGRkaWFiBF9TAzk3MzU5NzE1BGdycElkAzE5NDQ1MzQzBGdycHNwSWQDMTcwNTE5MzkxOARtc2dJZAM4MjI4BHNlYwNkbXNnBHNsawN2bXNnBHN0aW1lAzEyMzM0OTM3OTU-> Posted by: "ravi_tardeja" ravi_tardeja@ yahoo.co. in <http://in.mc529.mail.yahoo.com/mc/[email protected]&Subject= Re%3ANIFTY%20FUT%20OBSERVATION> ravi_tardeja <http://profiles.yahoo.com/ravi_tardeja> Sat Jan 31, 2009 5:27 am (PST) WEEKLY NIFTY FUTURE OBSERVATION Observation: - 1) Total OI of NIFTY FUT down 23.63%, NIFTY FUT up 8.02%, last week OI down due to expiry. 2) Out of NIFTY 50 Stock FUTS, 45 Stock FUTS closed positive, 3 Stock FUTS closed negative and 2 Stock FUTS closed flat last week. 3) OI of NIFTY 2700 CE is up 2.82% prices up 76.08% last week showing aggressive short covering plus buying. OI of NIFTY 2800 CE is 162.07% prices up 92.73%, 2900 CE is 126.88% prices up 106.80% and 3000 CE is 118.33% prices up 121.02% last week showing some short covering and buying. OI of NIFTY 2800 CE is 27.48 LK, highest OI in CALLs. 4) OI of NIFTY 2700 PE is up 233.91% prices down 61.76%, 2800 PE is up 666.53% prices down 57.26% last week showing aggressive put writing. OI of 2800 PE is 45.42 LK, highest OI in PUTs. 5) Total OI of FEB series CALLs is up by 64.31 LK to 1.19 CR. FEB series PUTs is up by 1.25 CR to 1.84 CR last week. Aggressive put writing seen in last week. FEB series NIFTY PCR (OI) at 1.54. Conclusion :- Short positions rolled over in new series but Fridays trade also showing long position build up. I expect NIFTY FUT to show up move next week. Possible target 2960-70, Above 2980 levels, next target will be 3010-20 levels. Some profit booking expected here. Above 3030 levels target will be 3070-80 levels. On down side, NIFTY SPOT good support at 2750-60 levels. If no big negative clues, then I expect these levels to hold next week. RAVI TARDEJA 31/01/2009 <http://www.tq.net/42/tqjava.htm> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
