: FO INDICATORS :

INCREASE IN OI WITH THE PRICE RISE IN ALL FUTURES:

Piramel health price wise increase by 25.28% and OI wise increased by 100%, Titan price wise increase by 6.47% & OI up by 46%, IBR. price wise up by 0.57% while OI wise up by 37%, Hero honda price wise increase by 0.94% and OI wise increase by 29.16%,
Yes bank price wise increase by 0.88% and OI wise increase by 26.08%.

INCREASE IN OI WITH THE PRICE RISE IN ALL OPTION STOCK:

R power 110 put OI increase by 818.75% and price wise increased by 34.15%, Rel infra 560 call OI wise increase by 542% and price wise increase by 18.29%, RCOM 230 call OI increase by 500% and price wise increase by 87.11%, Sesagoa 70 put OI wise increase by 400% and price wise increase by 2.50% .

INCREASE IN OI WITH THE PRICE RISE IN ALL OPTION INDEX:

Mini Nifty 3100 put price wise increase by 51.67% and OI wise increase by 400% ,Nifty 3100 put price wise increase by 42.02% and OI wise increase by 85.05%, Nifty 3250 put price wise increase by 33.67% and OI wise increase by 32.80%. Nifty 3150 put increased by 39.51% & OI wise up by 17.15%. Nifty 3200 put up by 42.83% and OI wise up by 5.93%.

TOP OI LOOSERS:

Corporation Bank down by the 39.13%, Amtek Auto down by 18%, Laxmi machine down by 18.05% 8, Dabur OI wise down by 17.79%, and ICSA down by 16.56%.

FII ACTIVITY:

The most active contracts in FII counter are Indian Hotel 70 call up by 340%, Idea 60 put up by 300% Bank 600 put up by 300%, DLF 440 call up by 300% ,PNB 530 call up by 275% . Total NET BUY / SELL VALUE in the FII's counter is following - In Index future it is 1207 CR, In Index Option it is 5.25 CR, in Stock future it is 538 CR, & lastly in Stock option is -3.75 CR.

NIFTY PCR STRATEGY:

PCR-OI has Decreased from 0.76 levels to 0.73 levels while Nifty 3250 call & Nifty 3100 call shows a call writing and heavy buying was seen in Nifty 3100 put and Nifty 3250 put, as market correction was seen at bottom level. Option volatilty has been increased. Other high PCR was seen in Bank Nifty 4.01 level, UTV SOFT 1.83 level, Jswsteel 1.00 level, Axis Bank 0.94 level and Reliance Infra 0.87 level. While lower PCR was seen in L&T 0.35, Chambal 0.35, Voltas 0.35 level and Hindalco 0.41 level.

:CONCLUSION:

Though RBI has further cut the CRR the Nifty begins with red shed as the weak global cues. But later on market shows the corrective rally and covers more then 650 points from day's low. Short covering and profit booking was seen in afternoon trends. The day was so volatile and it makes a confused sentiments among the small investors. Higher level shows the short selling of the index stock like BHEL, TATA MOTORS and L&T while significant call writing was seen in Reliance 1500 call, ONGC 860 call, ICICI 360 call and NTPC 165 call gives us an indication that bearish trend may continue and bounce back was just a correction of short covering.

: BANK NIFTY :

Decline to best buy.

NIFTY : 
Monthly trend decider  4065.Weekly Resistance 3404, down side support 3078, 2877. Today support 3232, higher level crossover 3333 target 3350, thereafter more upside.

BSE : 
Down side first target 11773.    Monthly trend decider  13373.   It will face resistance 10900, crossover it will touch 11231, down side support exit 10200.

CNX IT :    Higher level major resistance 2800. Hold yesterday low 2363, time being up move continue

BANK NIFTY :
    Panic buy and sell on rally.

DLF:   Monthly trend decider 410  
Weekly resistance 298, down side target 264, 245 High volatile counter. Watch the level of 304-300, hold up move continue and decline to buy this stock.

JP ASSOCIATES:      Monthly trend decider 130 . Weekly resistance 87, down sidetarget 59, 44. Corrective rally expected. Higher level it will face resistance 78-80.

RCOM:      Our target are 183 + in coming days.  Monthly trend decider 353 Weekly resistance 265, down side target 200, 165. Keep a stop loss 245 and buy this stock.

BALRAMPUR CHINI: Monthly trend decider 84  Weekly resistance 60.50, down side target 42, 31. Strong move from our weekly support level 42 and closed at 56. Today support 52.

BAJAJ HINDUSTAN : Crossover 63, likely target 71.

BANK OF INDIA:     Monthly trend decider 282 Weekly resistance 266, down side target 246, 230. Above 305 sharp move expected.

AXIS BANK: . Weekly resistance 618, down side target 462, 381. Looks good and today buy this stock on panic as hold 600 mark bull move continue.

CHAMBAL FERT. It will face resistance 51, if sustained with volume target 60 mark in few session.