Good Morning and Wish You a Happy Trading Session ….
After made
high 10868 Nifty Future start to meltdown through the session, end of the
session the index made low 10786.75.
Open Interest
is decreasing, but volume not supporting the fall, it may be a small corrective
wave, near TOP this kind of behavior is quite possible.
Yesterday Foreign Institutional Investors have bought
5062.16 Cr. and sold 5419.98 Cr. net trades were -357.82 Cr.
And Domestic Institutional Investors have bought
2303.82 Cr. and sell of 3095.58 Cr. net trade values -791.59 Cr,
Both the institute was on sell side.
India VIX made high 18.8275 and low 16.6200 on
yesterday.
Advance and decline ratio of the Nifty is 10:40
Strike price of most active Nifty CALL was 11000,
turnover was 6, 36,229.58 lacks. And most active PUT was 10800, turnover was 4,
99,947.57 lacks.
Key
Support-Resistance level of Nifty Future
Vital support is 10783.50---10773.65, if Nifty
Future open below this levels then may slip to 10646.
Any bounce back above 10886 only.
Today’s
Overview:
Yesterday written “A sharp correction is on card” from opening Nifty Future only corrected through the
session.
Today from crucial support a
bounce back is possible.
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