Good Morning and Wish You a Happy Trading Session ….
From last
couple of days, I am writing about the hurdel10940. Yesterday Nifty Future made
high 10940 at the end of the session.
After
analyzing the wave patter it is quite clear that a correction of 350 to 360 points
is on card.
Yesterday Institutional Investors have bought
4353.14 Cr. and sold 4208.38 Cr. net trades were + 144.76 Cr.
And Domestic Institutional Investors have bought
2618.05 Cr. and sell of 2800.65 Cr. net trade values – 182.6 Cr,
India VIX made high 15.3125 and low 11.9825 on
yesterday.
Advance and decline ratio of the Nifty was 33:17
Strike price of most active Nifty CALL was 11000;
OI was added 44, 1502. And most active PUT was 10800; IO was 41, 12,925.
Key
Support-Resistance level of Nifty Future
If Nifty Future open or cross yesterday’s high
10940 then may face next hurdle at 10953.70-----10965.50.
Below 10905.48 Nifty Future will take next
support at 10871.19.below 10829 next vital support of the day is 10795.32.
Today’s
Overview:
If open below 10905 then
possibility of a sharp correction will be strong.
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