Friday, January 25, 2019

Nifty Future Bottom


resistance


Good Morning and Wish You a Happy Trading Session ….

Yesterday’s market was range bound. Through the session the index made high 10870----10873.95---10885 and made lows 10813---10811.

This type of move indicates the previous direction will be continued.




Yesterday Foreign Institutional Investors have bought 4121.29 Cr. and sold 4215.74 Cr. net trades were – 94.45 Cr.

And Domestic Institutional Investors have bought 2812.58 Cr. and sell of 2422.62 Cr. net trade values + 389.96 Cr,



 Yesterday INDIA VIX made high 18.3775 and low 14.5425

Advance and decline ratio of the Nifty was 27:23



Most active CE was 11,000, and OI was 43, 89,225 (increasing). And active PUT strike was 10800, OI 36, 08,025.

stock price calculating

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10910.95, If Nifty Future able to cross 10962 then cover all short positions…
If Nifty Future face hurdle at first mentioned level and start to melt down then may take support 10748.95.

Today’s Overview:

From days high a straight correction is quite possible.


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