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    Genie's View - 1 Apr 2009

    Nifty future trading with a decreased premium to 6

    Nifty open interest increased by 16 lacs
    Nifty call option added 8 lacs
    Nifty put option added 16 lacs.
    Put-Call Ratio decreased to 1.44.
    3000 puts had open interest of 43 lacs,

    which indicates...................." short addition. "


    US markets closed in green.
    Asian markets trading positive.
    Sgx nifty trading at 3040. (up 23)

    Flat opening expected............

    Genie suggests........

    short if closes below 2995).

    Trading Range for the day..

    2946.85 2983.85 3019.10 3056.10 3091.35