Nifty Future Live

 

Hi Friends,

 

Good Evening,

Last eight session’s average turnover of Nifty Future was 1396794, whereas today’s turnover was 24% less than the average.

Therefore the momentum was very slow.

Let’s talk about tomorrow’s view.

Vital support of Nifty Future is 11205.40 or 11203.05 or 11202.05 (any of them).

Reverse of 105 to 117 points from day’s low, will be an indication further up-move.

Very very vital and tough hurdle is 11###.80 or 11@@@.50 {(one of this two hurdle,) will update just before one hour of forming the TOP}.

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

Nifty Future Mantra – 8th July’ 20

Why you should Join WhatsApp Group –“Market Is On” at: 9163743807 ?

 

You will get very accurate reverse level of Nifty Future (intraday and short term).

 

Once you register with your name and contact number, you will get daily Market view around 09:10 am

 

NB: Existing Clients have no necessity to re-register.

Nifty Future Mantra – 7th July’ 20

Why you should Join WhatsApp Group –“Market Is On” at: 9163743807 ?

 

    Not Chargeable

 

You will get very accurate reverse level of Nifty Future (intraday and short term).

Once you register with your name and contact number, you will get daily Market view around 09:10 am

NB: Existing Clients have no necessity to re-register.

Nifty Future – Near short term bottom.

Key Support-Resistance level of Nifty Future

 

First support of Nifty Future is 9092.25/9089.50.

 

Below 8963/8959 the index may take next support at 8891/8884.

 

Crucial support is 8839.95

 

If cross 9557 (recent high) without breaking 9125 then may face tough hurdle at 9619/9647

85+119 = 204 Points

Last two day’s profit 85+119 = 204 points Single Lot

119 points profit

85 points profit

Share Market Tips

Nifty Trade yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

At the first day of expiry week Nifty Future continue the trend of making new high. Yesterday’s high was significant because after making fresh high 11712.90 it close at fresh high price 11705.35.start from the base 9960 Nifty future already run 17.57% to 11712.90.

stock-market-banner.jpg

Indian VIX

On Friday low of India VIX was 9.4300, from Friday’s low 11541 Nifty Future jump higher 1.48947% to 11712.90 but VIX low was 9.5150, upper range from Friday’s low.

This is indicating Nifty is near of a Top of a mild correction is over-due.

FII and DII activities on NSE

 Yesterday Foreign Institutional Investor’s net trade value was 252.52 Cr. And Domestic Institutional Investor’s net trade was 1117.24 Cr. And at last two trading session DII’s net bought 2021.99 Cr. This is a key factor of increase of Nifty 1.4894% jump from Friday’s low to Monday’s high.

Most active Call and Puts.

At last trading session on Call side maximum open interest was generate was at the strike 11700 (28, 05,450). On the other hand most contract created on 11500 price (38, 54,750).

Today’s Overview:

After analyzing the three key factors it is clear that a mild correction is overdue. And this will be a healthy correction. Investors should start some profit booking a correction around 150 points is quite possible.

 

group work

Nifty Future is going to day

Very vital resistance of the day is 11766.77. above this Nifty Future may face tough hurdle at 11786-11789.and NF should make it’s high with in first hour of the session.

Nifty future may test support level at 11731/11727, below this 11706 it a vital support. Crucial support of the week (before expiry) is 11617/11615.

Yesterday’s Trade:

Yesterday at 01:39 pm we delivered the Call “Buy NF @11682 SL 11679 (just 3 points) Intraday target 11707 Positional Target #####”

Nifty Future Graph

Time Factor: 01:39 pm to 02:03 pm, 22 minutes to got the initiate the call.

Price Factor: Told to Buy @11682, NF made low 11681.68 and reverse.

Risk::Reward: SL was 3 points intraday Target was 25 points. 3::25=1::8.333

5 key points of Nifty Future Trend Reversal

Nifty Future Trade

                                                         

Good Morning and Wish You a Happy Trading Session ….

On Tuesday within 2 minutes of its’ opening Nifty future made a new high 11590 but fail to stay at Green, and continued as Red till 11558,   and almost end of the session made new life-time high 11592.

 

key points trade reversal

5 key points you should know before opening for profitable intraday trade:

1^st is Resistance of Nifty future

From last couple of days writing every day about new life time high, most probably today will not be an exception. First we have to look on 11598, may be Nifty Future open above 11611/11618. If happened then will touch 11642 within an hour.

Very vital resistances are 11728.54/11731.

2^nd is Support of Nifty future

Vital support of the day is 11609/11606, if Nifty Future touch one of this levels and able to stay above then it quite possible of sharp bounces back.

3^rd is Indian VIX

Write at every post how Indian VIX help to conclude the changing reversal. Told earlier increase of volatility means conflict between decision-between bulls and bears.

Monday’s high was 13.5500 and from there made low 11.3450, and of next session was 13.6350 to low 9.9275, decreasing lower band. That’s means low of volatility. And high chances to from a new high, BUT after that?

4^th is FII and DII Trade

Foreign Institutional Investors’ net trade (Buy value – Sell value) value was +254.25 Crores. And Domestic Institutional Investor’s net trade value 197.87 Crose on Tuesday’s session.

After a long time it is being to watch both the institution’s trade was at same direction. That is a good sign for Bulls.

 

mobile trading

5^th is Call – Put Option Open Interest

At last trading session maximum Call Option open interest was general on strike price 11600, and it was 34, 14000 contracts.

And maximum Put Option open interest was generated on 11400, and the contracts were 43, 50525.that data clearly meaning of a trading range 11600 to 11400 range.

Conclusion:

All above data is showing market is in a stable condition. And in favor of Bulls, but when everything is going good then there is something is to be wrong. Apart from all of this it is showing market is little overbought condition.

From the experiences of writing 1849 Blog post it is quite common to predict that from any resistance correction of 130+ points not be rules out.