CUES AS ON 14TH JULY

CUES--

--Nifty July future discount decreased to 8 points so cost of carry increased.
--Nifty open interest decreased by 2 lacs suggests short covering. (Total OI now at 2.35cr)
--Nifty calls added 8 lacs and puts shed 3 lacs in open interest.
--Nifty open interest put-call ratio is at 0.81.
--3800 puts had open interest of 48 lacs and 4100 calls had open interest of 28 lacs, so 3800 and 4100 will be important levels to watch for.
--India VIX closed at 36.58 increased by 2% suggests instability.

-- dollar at 48.76 and crude at 60.24. Thats a space that need to be monitored. If we go back to 47 in dollar, then sentiments can change towards equity....