Thursday, May 12, 2011

Tight range consolidation continues without market taking any direction...


For the past 5 sessions, markets have been hovering in a tight range around 5550 levels.

PCR is hovering at 0.88 and throughout the series it has been well below 1, which favours bears to a good extent and the view is maintained that any move below 5508 will see market testing 5393 levels in the near term.



Resistance levels : 5586, 5623, 5654

Support levels : 5532, 5508, 5462

Daywise Turnover

May 2011
DateIndex FuturesStock FuturesIndex OptionsStock OptionsTotal
No. of contractsTurnover
(Rs. cr.)
No. of contractsTurnover
(Rs. cr.)
No. of contractsTurnover
(Rs. cr.)
Put CallRatioNo. of contractsNotional Turnover
(Rs. cr.)
Put CallRatioNo. of contractsTurnover
(Rs. cr.)
Put CallRatio
02-May-201142534811362.1843676311799.43215473862704.010.90830342269.350.32309988388134.970.87
03-May-201175888320019.4659544415785.044033461116412.590.751273963584.290.325515184155801.380.73
04-May-201159197115353.3851641813354.65312988388641.520.83998782690.580.344338150120040.140.81
05-May-201158414815060.3449478912589.47301402684854.730.79906752380.810.344183638114885.350.78
06-May-201162231915994.8452693213501.19295629282903.190.80975822619.520.344203125115018.740.78
09-May-201144413811456.913724989605.53257027372285.020.81751491996.080.33346205895343.540.79
10-May-201149834212821.3242588310960.3259511472906.130.92874212314.430.34360676099002.180.89
11-May-20113410168834.2240820210711.39193136854299.690.88927902514.880.31277337676360.180.84

-Happy Trading

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