Weekly Market Outlook -30042010

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8/8/2019 Weekly Market Outlook -30042010

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RESEARCH HEAD

M.R.LALITHA 

esearch Analysts:

.ShanmugapriyaMonika Bhandari

INDEX FUTURES (WoW)

IndicesPrice %Change

OI %Change

NIFTY  -0.2% -69.6%

BANKNIFTY  2.1% -65.2%

CNXIT -1.4% -52.4%

MINI NIFTY  -0.2% -62.1%rom 22 apr ’2010 to 29 apr 2010

NIFTY - OPTIONS INDICATORS

Implied VolatilityDate

PCRatio

(OI)

Call

Options

Put

Options23-apr 1.57 17.27 19.66

26-apr 1.58 17.48 18.68

27-apr 1.67 17.43 18.64

28-apr 1.35 20.77 21.38

29-apr 1.49 19.34 19.81rom 22 apr ’2010 to 29 apr 2010

TOP OPEN INTEREST GAINERS (WoW)

Company OI % Change

CUMMINSIND -1%

NAGARCONST -42%

SUNPHARMA -52%

BANKINDIA -53%

GTOFFSHORE -54%

TOP OPEN INTEREST LOSERS (WoW)

Company OI % Change

ABIRLANUVO -93%

ELINFRA -92%

AGARFERT -92%

MLL -92%

NRL -92%

GROWTH IN DERIVATIVES MARKET (WoW)

Product% Change in

 Volume% Change in

Turnover

INDEXFUTURES -35.15% -38.98%

STOCK FUTURES -21.92% -25.10%

INDEXOPTIONS -50.48% -50.57%

STOCK OPTIONS -33.31% -37.26%

From 23 apr ’2010 to 30 apr 2010

WEEKLY MARKET OUTLOOK 

30/04/20

In beginning of the week, market witnessed downside fall on account of neg

global cues. The rating downgrades on Greece and Portugal was the major refor all global stocks to trade on a weaker zone. Moreover the disappointedresult from Reliance industries weighed on the market. By end of the week m

ended in green taking support from global cues as Fed has kept the intunchanged. Also Finance minister announcement on service tax relie

construction, new hospitals and Air Travels industry lifted the market sentimFood price index rose 16.61% for week end 17 April 2010.

The inverted hammer with high volumes in Nifty Daily chart gives expectatio

positive move for the forthcoming session. Confirmation of positive trend wouseen only if NIFTY sustains above 5288 and 5310 levels, and it would test 53505390 levels in near term. On downside immediate support is seen at 5205 l

and break of it would test 5160 levels in near term. The momentum is seen supportive for the market and RSI also signals on positive zone.

PIVOT POINT LEVELS

NIFTY R2 R1 PIVOT POINTS S1 S2

Levels 5412 5341.9 5272.2 5202.1 5132.4  

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