Weekly New Letter

Hello Pirates

On the Weekly note if we see we have slipped from the opening level to closing level, we had opened at 5145 on 20th & on 23rd we have closed at 4997 levels.

For the week we have seen an increase in volumes also if we compare it with the past, on the last day of the week, we saw the King loosing the war and slipped from its weekly highs.

Many results were popped up on screen, but the good numbers were not affecting the market in a positive note, inflation has also increased as compared to previous rates.

For the period 18-10-2009 to 25-10-2009
	Date Open High Low Close Shares Traded Turnover (Rs. Cr) 20-Oct-2009 5145.60 5181.95 5102.65 5114.45 199616623 8313.74 21-Oct-2009 5114.85 5117.45 5051.65 5063.60 206631723 8374.00 22-Oct-2009 5063.35 5064.25 4968.45 4988.60 219560144 8830.32 23-Oct-2009 4986.55 5054.95 4983.25 4997.05 223335499 9106.05

Below is the activity done by FII's & DII's on the last trading session for the week, this shows that they are booking profit at higher levels.

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 23-Oct-2009.

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
FII	23-Oct-2009	2731.87	3210.67	-478.8

The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance and MFs on 23-Oct-2009.

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category	Date	Buy Value	Sell Value	Net Value
DII	23-Oct-2009	1352.82	1179.83	172.99

If we look at the forex section, dollar has been getting strong as compared to rupee, below is the information for the week : -

20-Oct		46.11516
21-Oct		46.46002
22-Oct		46.74
23-Oct		46.50999

If we look at the movements in dollar, it got stronger & stronger as compared to previous close.

We finally closed our session at 4997, above 4980 levels the fight between the bulls and bears would continue & nifty is strong above 5050 levels and has support at 4920 levels, on below 4900 the markets can tank big.

Regards

Captain