Nifty Future Buy Sell

Good Morning and Wish You a Happy Trading Session ….

After flat opening Nifty Future meltdown to 10492, the bottom of the day. From this level Nifty Future start to spark, and run up 1.51% of days low. And touch 10650.

Now question arise is Nifty Future going to cross 10779 today? If so then we may see new recent high (not lifetime) and a sharp correction both.

FII/FPI & DII trading activity on NSE, BSE and MSEI

Yesterday Foreign Institutional Investors have bought 4756.12 Cr. and sold 4693.38 Cr. net trades were +62.74 Cr.

And Domestic Institutional Investors have sold 4276.96 Cr. Against buy of 3925.18 Cr. net trade values +351.78 Cr,

India VIX Snapshot

India VIX made high 20.5275 and low 15.0175 yesterday.  

Advance and decline ratio of the Nifty is 34:16

OI at Option Trading

Strike price of most active Nifty CALL was 10700, open interest add 32, 54,700

But most active PUT was 10500, and Open Interest was 42, 33, 6000,

Key Support-Resistance level of Nifty Future

Above 10737 vital resistance of the day are 10810---10815…..

On the down side crucial support level of the day is 10568….if break 10511.95 then Nifty Future will melt down below 10454-10450 within hours.

Today’s Overview:

From days high a sharp correction is on card.