Friday, January 18, 2019

Nifty Trading Today


Bulls and Bears


Good Morning and Wish You a Happy Trading Session ….

Yesterday at overview column I have written from day’s low a bounce back is possible. Nifty Future made low 10855 and from this point reverse straight.

And the index made jump 103 points and made days high at 10958.



Yesterday Foreign Institutional Investors have bought 4295.51 Cr. and sold 3453.38 Cr. net trades were + 842.13 Cr.

And Domestic Institutional Investors have bought 2510.11 Cr. and sell of 3237.57 Cr. net trade values – 727.46 Cr,



 Yesterday INDIA VIX made high 16.4275 and low 12.9925.

Advance and decline ratio of the Nifty was 23:27

up move


Most active CE was 11,000, and OI was 37, 90,275. And active PUT strike was 10800, OI 34, 07,625.

Key Support-Resistance level of Nifty Future

First resistance of the day is 10958.65; If Nifty Future cross 10970.85 then will fly to touch 11006.
If Nifty Future open around 10912 and start to melt down then below yesterdays low (10855) crucial support is 10843.



Today’s Overview:

From day’s low bounce back is possible.

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