Nifty Trading – 3rd Sep’ 2020

 

Hi Friends,

 

Good Morning,

First crucial support is 11471/11470.50;

Very vital resistance of the day is 11647.35 OR 11658.55;

 

# From day’s high a sharp correction may pull Nifty Future around 178 points down.

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 Trading – 2nd Sep’ 2020

 

Hi Friends,

 

Good Morning,

Very vital resistance of the day is 11647.35 OR 11658.55;

(At opening vital support is 11422.60).

 

If fail to cross this level (mentioned resistance), Nifty Future may correct to 11481.60……11368.30

 

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 Tomorrow – 18th August’2020

 

Hi Friends,

 

Good Morning,

Today Nifty Future may face 1^st resistance around 11328;

If the index cross this level with volume,

Then we may witness a sharp spark to 11363.

Vital support of Nifty Future is 11212,

Single closing below 11026,

The index will take crucial support at 10649.95 within 20^th August.

 

 

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 – 5th August’ 20

·        Open “WhatsApp” at your cell phone.

·        Type “Market Is On” and send at: 9163743807

·        Your registration is complete.

 

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

 

·        It is Free.

 

Nifty Future Mantra – 29th July’ 20

·        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.

 

·        It is Free.

 

Nifty Future Mantra – 14th 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 – 9th 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 – 2nd 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 without any cost.

 

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

Nifty Future Mantra – 25th June’20

Yesterday written from 10578 or 10621 Nifty Future may correct around 347 point.

 

Today Nifty Future made high 10536 and starts to correct, already fall 262 points, 75% of 347 points.

 To know tomorrow’s view and exact turning level:

 

Mail me –“quarry” to    nima.finc@gmail.com

Or whatsApp me –“quarry” at: 9163743807.

 

Once you register with your name and contact you will get daily Market view around 08:15 am without any cost.

 

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

Nifty Future Mantra – 17th June’20

Vital resistance of Nifty Future is 9930 OR 9976.

Tough hurdle to cross is 10012.80

First support of the day is 9525

Crucial support of the week is 9088.95

Nifty Future Mantra – 5th June’20

Key Support-Resistance level of Nifty Future

Vital support of Nifty Future is 9959/9957;

First resistance of the day is 10083/10086.

 Above the mentioned hurdle Nifty Future may try to touch 10121----10184.

Nifty Future Mantra – 1st June’20

Key Support-Resistance level of Nifty Future

 

First resistance of Nifty Future is 9584 OR 9586;

 

Very tough hurdle to cross is 9631.85,

 

First support is 9334.

Nifty Future – Reverse from Day’s Low

Key Support-Resistance level of Nifty Future

 

 

§  Above 9680 vital resistance of Nifty Future is 9906 to 9915.

 

§  Vital support zone of the day is 9238 or 9233.50

Nifty Future – Flat or Gap-down opening?

Key Support-Resistance level of Nifty Future

 

 §  First support of Nifty Future is 8951.

§  From first support the index may rally 80+ points.

 

§  Below the first support next vital level where Nifty Future may holt for a while is 8796///8788.70

Nifty Trading Tomorrow

Good Evening and Wish You a Happy Trading Session Tomorrow….

Key Support-Resistance level of Nifty Future

·        Above recent high 11682.40 next vita resistance is 11886.95;

·        Short term tough hurdle is 11945.50;

·        Crucial support of this move is 11156;

·        Closing below the mention support Nifty Future may take support at 11148 or 11138.

Nifty Future Rally

Good Morning and Wish You a Happy Trading Session ….

After green opening, Nifty Future made two tops, first at 10847 and finally 10882.20. From both of the tops the Index take two intraday corrections.

After analyzing the wave patter it is quite clear that a correction of 400 to 410 points is on card.

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

Yesterday Institutional Investors have bought 4932.99 Cr. and sold 4257.85 Cr. net trades were +675.14 Cr.

And Domestic Institutional Investors have bought 3131.57 Cr. and sell of 3183.43 Cr. net trade values – 51.86 Cr,

India VIX Snapshot

India VIX made high 15.9050 and low 11.9125 on yesterday.

Advance, decline and unchanged ratio of the Nifty was 29:20:1

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was added 49, 42, 350. And most active PUT was 10700; IO was 30, 18,600.

Key Support-Resistance level of Nifty Future

Yesterday written about the first resistance 10881, Nifty
Future made high 10882.

Today vital resistance is 10935----10937.65---10940.

And major support of the day is 10760.48 below that 10733.

Today’s Overview:

Yesterday written “At opening may be some weakness can drag Nifty Future in to a small correction. But overall it will go up. ”

What happened?  Nifty Future made high 10847 and melt down to 10801, after that made high 10882.20 and melt down to 10777.30 but reverse every time. At the end of the session Nifty Future again reverse up to 10842.

Today from days high a sharp correction is quite possible.

Nifty Future Trading

Good Morning and Wish You a Happy Trading Session ….

After flat opening Nifty Future meltdown to 10577, the bottom of the day. After this, reverse with positive mood to 10630 then after 10659.

But wave structure is suggesting that this not a bounce back, may be the part of a corrective wave. Today’s first half’s trading /move will clear the scenario.

From its up journey from 10030 Nifty Future already rallied 7.47%. Now the question arise is Nifty Future near of the TOP, if so then a sharp bear move is waiting. Coming BEAR move may melt down Nifty Future near 9900 level.

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

Yesterday Foreign Institutional Investors have bought 3237.55 Cr. and sold 4889.59 Cr. net trades were -1652.04 Cr.

Domestic Institutional Investors have sold 3682.97 Cr. Against buy of 3076.94 Cr. net trade values +606.73 Cr,

India VIX Snapshot

India VIX made high 20.0975 and low 15.5400 yesterday.  

Advance and decline ratio of the Nifty is 24:26

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 33, 26,550

But most active PUT was 10600, and Open Interest was 28, 04,100,

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10680, above this Nifty Future may run to touch 10733.

On the down side below 10516.65 Nifty Future may take support at 10464.70.

Today’s Overview:

From days high a sharp correction is quite possible.

Nifty Future Analysis

Good Morning and Wish You a Happy Trading Session ….

After open at green Nifty Future made high 10745 and fail so sustain above the level and fall down to 10693.70, written yesterday from first hour’s top a small intraday correction is quite possible.

Making bottom at 10693.70 Nifty Future run towards high and made intraday new high 10779.

From its up journey from 10030 Nifty Future already rallied 7.47%. Now the question arise is Nifty Future near of the TOP, if so then a sharp bear move is waiting. Coming BEAR move may melt down Nifty Future near 9900 level.

After analysis the wave structure it can be predict this is not time for fresh short position. Keep in touch with our post.

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

Yesterday Foreign Institutional Investors have bought 4750.06 Cr. and sold 3646.70 Cr. net trades were +1103.36 Cr.

Domestic Institutional Investors have sold 3204.85 Cr. Against buy of 2894.59 Cr. net trade values -310.26 Cr,

India VIX Snapshot

India VIX made high 19.6500 and low 13.5150 yesterday.  Low bend of the index supporting the less movement at market.

Advance and decline ratio of the Nifty is 37:13,

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 34, 05,150

But most active PUT was 10500, and Open Interest was 33, 32,925, from couple of day’s lower band of active put 10500, and the open interest is increasing.

Key Support-Resistance level of Nifty Future

Yesterday written about the resistance 10771.95, Nifty future made high 10779. Now above 10782 Nifty future may run to touch 10837.78---10845.

First support of the day is 10716.70---10709.59

Today’s Overview:

Those are holding long be cautious, a sharp correction is on card.

Nifty Trading Today

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After four days straight correction Nifty Future made low 11437 yesterday. From life-time high 11793 already corrected 3.0187%. After opening Nifty Future have tried to move upside, touched 11563 and 11579 as days’ high.

Stock Exchange

But rupee hit life time low 71.96. this is the main reason of yesterday’s downfall. Although after hitting 11437 Nifty Future have tried to recover and mage to touch 11530.85 at end of the session.

Indian VIX is increasing continuously, yesterday made high 14.1525, bad sign for Bulls. Increasing of volatility is synonymous of market fall. The day before yesterday its high was 13.8800.

The most active put was 11400, open interest was generated maximum, was 38, 80,800. And most active call was 11600, total contracts was 30, 75,375.

When this post was written SGX Nifty was trading at 11541, up by 0.33%.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11548. One Nifty Future cross it and stay for an hour may spark to touch 11653.75.

Below yesterday’s low key support is 11372.

work-sheet

Today’s Overview:

Keep eye on 11548. This may be the turning point. Today Nifty Future/Market may change its’ direction.

Work analysis of 05 September:

Yesterday provided total 5 calls. First and second call got stop losses triggered. And the losses were 1.5 and 1.55 points respectively. Third and fourth points gave profit of 38 and 50 points. Fifth call is holding with strict stop losses.