Tuesday, January 08, 2019

Nifty Trading Tips


predicting the stock market

Good Morning and Wish You a Happy Trading Session ….


Yesterday after making high 10895.05, Nifty Future starts to melt down, and make intraday low at 10778.



Yesterday Foreign Institutional Investors have bought 4252.17 Cr. and sold 3515.99 Cr. net trades were + 736.18 Cr.

And Domestic Institutional Investors have bought 2492.8 Cr. and sell of 2684.77 Cr. net trade values – 141.97 Cr,



Yesterday India VIX made high 16.4550 and low 15.3025.

Advance and decline ratio of the Nifty was 31:19


Most active CE was 11,000, and OI was 40, 02,075.

bear

Key Support-Resistance level of Nifty Future


First support of the day is 10739.60; below this 10668.95 will act as vital support.

If Nifty Future break 10678 (as 2nd support is 10668.95) and close below this level, then panic of short selling can drag the market towards below.

Above 10811.80 next vital resistance of the day are 10864.90. Once Nifty Future able to close above 10902 then may run to higher of 11793 (lifetime time high).

Today’s Overview:

Below 10668.95 Nifty Future will become week.

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