FII DATA for Today, AUGUST 05, 2013:- INDEX FUTURES: -356.68 Crore INDEX OPTIONS: -575.66 Crore STOCK FUTURES: +100.78 Crore STOCK OPTIONS: +99.10 Crore NET F&O SEGMENT: -732.37 Crore FII CASH SEGMENT: +33.35 Crore DII CASH SEGMENT: -303.13 Crore On a range bound session, its disappointing to see that FIIs continued their selling in Index Futures. Though some positive numbers in Stock Futures and cash segment from FIIS limited the market downside for Intraday. Still its clear that DIIs put extra pressure on market weakness. Seems Currently markets missing positive trigger to break upside and give traders relief. Overall data suggests range bound market with negative bias. MARKET OUTLOOK: NIFTY Spot consecutively given close below 5700 which is negative sign for market. In fact during the Intraday session our markets tried to rebound from lows, at a time Spot NIFTY traded above 5700 but soon it came below 5700 level. Seems 5720-5750 range turning to be good resistance for Nifty Spot and NIFTY need to break this range with volume for further upside. In downside, support of 5650 giving some hope but limited upside is really negative for market. Important levels in Spot NIFTY for tomorrow mentioned below:- RESISTANCE: 5720, 5750, 5780 SUPPORT: 5650, 5620, 5600 Important Note: Kindly refer to "Article 46" on our website for complete market outlook with help of Options Data. Article link given as comment of this post.
Posted on: Mon, 05 Aug 2013 12:35:13 +0000
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