Nifty Future Today

Good Morning and Wish You a Happy Trading Session ….

Nifty Future was under selling pressure yesterday, but has tried to recover twice. From day’s low 10575 Nifty Future rallied to 10848.5.

Today at opening if the indexes able to cross 10907 then fresh buy may accumulate the graph higher.

But below this another round of panic may drag Nifty Future to 10650 levels.

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

Yesterday Foreign Institutional Investors have bought 2573.57 Cr. and sold 3194.63 Cr. net trades were -621.06 Cr.

And Domestic Institutional Investors have bought 3075.06 Cr. and sell of 3301.24 Cr. net trade values – 226.18 Cr,

India VIX Snapshot

Yesterday India VIX made high 16.9475 and low 14.8375.

Advance and decline ratio of the Nifty was 09:41

OI at Option Trading

Most active CE was 11,000, and OI was 27, 28,425.

Key Support-Resistance level of Nifty Future

Below 10707.45 vital supports of the day are 10666.95---10662.50. Crucial support of Nifty Future is 10650.52.

First resistance of the day is 10907.

Today’s Overview:

From day’s low chance of a bounce back is quite possible.