Quantitative Analysis of Nifty

[msa5678]

Market Snapshot as on May 02, 2011

Nifty clocked intraday volatility of 2.81%, which is higher than the long term average. Immediate support level lies at 5510 and resistance level lies at 5666 respectively. FII's bought INR 2624.11 and sold INR 3802.77 crores, whereas DII's bought INR 1812.46 and sold INR 1205.63 crores in the cash market respectively. Indian rupee weakened by INR 0.18 vis-a-vis USD.
Nifty Put Call Ratio is at 1.045

Call for May 04, 2011
Initiating a Short Trade with SL 5630
Optimal Short Level from 5585 till 5562 & Optimal Square Off Level 5535
for further details visit niftyquant <dot> blogspot <dot> com

In the Blogspot the SL mentioned is
5710 and here it is 5630. I assume
5630 is correct.

 

[QuantNifty]

Hi MSA,

Yes you are bang on target, thanks.
Thanks again for correcting it

QuantNifty

 

[QuantNifty]

Target Achived

Profit INR 1350

 

[sidhanthasuchi]

Hi sir can u please tell me that where u collected the macroeconomic data.

 

[QuantNifty]

All data points are collected from either NSE or RBI site.

 

[QuantNifty]

Market Snapshot as on May 04, 2011

Nifty clocked intraday volatility of 1.38%, which is lower than the long term average. Immediate support level lies at 5501 and resistance level lies at 5576 respectively. FII's bought INR 2137.74 and sold INR 3129.88 crores, whereas DII's bought INR 1775.52 and sold INR 861.42 crores in the cash market respectively. Indian rupee weakened by INR 0.03 vis-a-vis USD.
Nifty Put Call Ratio is at 0.957

Call for May 05, 2011
Initiating a Short Trade with SL 5578
Optimal Short Level from 5557 till 5534 & Optimal Square Off Level 5507

S1 S2 S3 R1 R2 R3
5,501 5,464 5,425 5,576 5,615 5,652

 

[baludalal]

excellent analysis Sir. long live your service and hats off to you

 

[QuantNifty]

Thanks a ton

 

[msa5678]

Market Snapshot as on May 04, 2011

Nifty clocked intraday volatility of 1.38%, which is lower than the long term average. Immediate support level lies at 5501 and resistance level lies at 5576 respectively. FII's bought INR 2137.74 and sold INR 3129.88 crores, whereas DII's bought INR 1775.52 and sold INR 861.42 crores in the cash market respectively. Indian rupee weakened by INR 0.03 vis-a-vis USD.
Nifty Put Call Ratio is at 0.957

Call for May 05, 2011
Initiating a Short Trade with SL 5578
Optimal Short Level from 5557 till 5534 & Optimal Square Off Level 5507

S1 S2 S3 R1 R2 R3
5,501 5,464 5,425 5,576 5,615 5,652

Hi QuantNifty,

In the event of Nifty not
breaching the SL and
also not reaching the
TGT, Do u suggest a
carryover of the short
position to the next day.

 

[QuantNifty]

Hi MSA,

In that event I would strictly recomend to book what ever profit or losses during high volatile times as we are facing now.
During sober times we may consider to carry forward.

I guess today could be that kind of a day. I would like to book whatever I have got after 3.15 pm

I hope this clarifies

QuantNifty