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Nifty Option Trading Tips Nifty Bank Nifty trading Tips

Nifty continues to trade within a 300-400 points trading range for the third consecutive week.

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Nifty Option Trading Tips Nifty Bank Nifty trading Tips

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  1. ; Weekly Equity Report By Senior Researcher – Miss Namrata Otwani 17-6-2019 support@starindiaresearch.com8817002233 Nifty View Nifty continues to trade within a 300-400 points trading range for the third consecutive week. The index may have managed to defend the 11800 zone. However, the market breadth clearly seems to be tilting towards the bears. Nifty is forming multiple Doji patterns near its all-time highs on the weekly chart. This clearly indicates that the momentum is fading and only a handful stocks are holding the benchmarks. Going forward, 12000-12030 is the crucial resistance area. While a breach past the 11800 zone would drag the Nifty towards 11600-11650 levels. Weekly Chart

  2. ; Weekly Newsletters Page 2 Open interest for the week G Monday Tuesday Wednesday Thursday Friday 18479175 19148250 18483450 18370125 18467400 8 Most Active Nifty option Scrip Nifty Nifty Nifty Strike price 12000 12100 11800 Option type CE CE PE Open Interest 2110575 1519425 1478100

  3. Weekly Newsletters ; Page 3 Bank Nifty View www.starindiaresearch.com Bank Nifty, on the other hand, has already broken down from a Symmetrical Triangle pattern on the daily chart. The index has also closed below its short term 20-DEMA for the first time since mid-week of May 2019. This clearly indicates weakness. Going forward, 30000 mark is the crucial support, while resistance is seen around 30850 zone. Weekly Chart Open interest for the week Monday Tuesday Wednesday Thursday Friday 2020040 1996900 1959020 1754380 1826660

  4. Weekly Newsletters Page 4 ; Most Active Bank Nifty option Scrip Bank Nifty Bank Nifty Bank Nifty Strike price 30000 30500 30500 Option type PE PE CE Open Interest 586780 503480 273760 Weekly FII DII FII RS CRORE NET DATE GROSS PURCHASE GROSS SALE PURCHASE/SALE -238.64 172.35 -1,050.43 95.79 216.2 14-Jun-19 13-Jun-19 12-Jun-19 11-Jun-19 10-Jun-19 5,163.62 5,023.52 3,545.92 4,317.71 3,738.65 5,402.26 4,851.17 4,596.35 4,221.92 3,522.45 DII RS CRORE NET DATE GROSS PURCHASE GROSS SALE PURCHASE/SALE 376.47 -444.87 271.15 -151.01 170.62 14-Jun-19 13-Jun-19 12-Jun-19 11-Jun-19 10-Jun-19 2,169.48 2,241.17 2,216.85 2,224.14 2,245.43 1,793.01 2,686.04 1,945.70 2,375.15 2,074.81 www.starindiaresearch.com

  5. Weekly Newsletters Page 5 ; SECTOR SCAN Sector Automotive % Chg -1.03% -0.93% -1.29% -0.84% -0.28% -0.36% -1.40% -0.16% -1.03% -0.22% -0.47% -2.21% -0.56% -0.68% -0.53% -0.74% -0.39% -0.69% -1.86% -0.90% -0.79% Sectoral Indices: Advance 9 52 23 27 8 4 4 38 17 28 57 10 17 48 5 22 16 19 5 2 6 Decline 67 136 61 78 21 6 26 90 58 70 133 29 59 126 16 59 31 64 20 3 18 Banking & Financial Services Cement & Construction Chemicals Conglomerates Consumer Durables Consumer Non-durables Engineering & Capital Goods Food & Beverages Information Technology Manufacturing Media & Entertainment Metals & Mining Miscellaneous Oil & Gas Pharmaceuticals Retail & Real Estate Services Telecommunication Tobacco Utilities Name NIFTY BANK NIFTY AUTO NIFTY FIN SERVICE NIFTY FMCG NIFTY IT NIFTY MEDIA NIFTY METAL NIFTY PHARMA NIFTY PSU BANK NIFTY PVT BANK NIFTY REALTY %change -1.17 -1.05 -0.84 -1.28 -0.3 -2.24 -0.37 -0.8 -0.35 -1.36 -2.1 www.starindiaresearch.com

  6. Weekly Newsletters Page 6 ; NEWS CORNER 1.Reliance Capital and Reliance Home Finance will be in focus as Price Waterhouse & Co resigned as the statutory auditor. 2.Eros International Media will be in focus as Moody's Investors Service downgraded corporate family rating for Eros International Plc to B2 from B1, outlook changes to negative from stable. 3.Yes Bank’s Mukesh Sabharwal resigned from the post of non-executive director w.e.f from June 10, citing pursuits in academia. 4.Reliance Industries and BP sanctioned the third phase of integrated KG-D6 development. 5.LIC reduced stake in Larsen & Toubro by 2.83cr shares or 2% from 18.3% to 16.3%, from July 2017 till June 2019. 6.Gujarat Pipavav Port to suspend operations from midnight of June 11 till June 13, for a period of 48 hours based on directions by the state’s port regulatory authority, due to a cyclonic storm which will be crossing the coast of Gujarat. 7.Adani Green Energy's promoter group under name of Gautam S Adani plans to sell cumulatively 5.98 percent stake in the company at a floor price of Rs 43 per share. 8.Religare Enterprises' Milind Narendra Patel resigned from the post of Group CEO with effect from June 10. 9.Abbott said it has launched sensor enabled HD grid mapping catheter after receiving approval from USFDA. www.starindiaresearch.com

  7. Weekly Newsletters Page 7 ; STOCK OUTLOOK NCC FUT :- Stock heading towards its immediate resistance which can be seen in below charts breakouts can be seen in coming session. Stock performance VWAP 99.47 3631 28894.05 8000 101.15 93.10 Traded Volume (Contracts) Traded Value (lacs) Market Lot Weekly High Weekly Low Rating Matrix by Researcher Rating R1/R2 S1/S2 LEVEL BUY 110/120 90/80 102 Stock in ban period IDBI, PCJEWELLER, RELCAPITAL, RELINFRA. www.starindiaresearch.com

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