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 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 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 – 28th July’ 20

Nifty Future possible levels:

 

Support 1: 11028.90

 

Support 2: 11015

 

Resistance 1: 11155

 

Resistance 2: 11170

 

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

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 – 23rd June’20

Key Support-Resistance level of Nifty Future

First support of the day is 10195,

If Nifty Future slips this level then wait for 10164.

Vital resistance is 10426.

Single closing above 10384.70 Nifty Future may touch 10676.

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 – 11th June’20

Nifty Future’s possible activity

 

Vital resistance of Nifty Future is 10180.

If the index fail to cross 10183 and start to fall then we may witness another round of PANIC selling.

In that scenario below 9992, Nifty Future may take support at 9896 (possible reversal point).

Single closing above 10319 Nifty Future will run to touch 10707.45

Nifty Future Mantra – 8th June’20

There is a myth that if price increasing – OI decreasing - Volume decreasing then it is “Weak trend/Short covering Rally”

But a short covering rally never be an Impulsive wave.

 

Key Support-Resistance level of Nifty Future

 

First resistance of Nifty Future is 10242,

 Next resistance is 10346 (SGX Nifty already made high 10349).

 Vital resistance is 10454.05

 First support of the day is 10248.05.

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 – Strong support 8562.65

Key Support-Resistance level of Nifty Future

 

First resistance of Nifty Future is 9011.

 

Above this vital resistance is 9104.

 

Below yesterday’s low Nifty Future may take strong support at 8562.65.

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 Future – Another round of PANIC soon

Key Support-Resistance level of Nifty Future

 

 

§  First resistance of the day is 9396.95 or 9401.95.

 

§  If Nifty Future able to cross the mentioned level then may go maximum to 9459;

 

§  First support of Nifty Future is 9213.

 

§  Closing below 9125 Nifty Future will touch 8691.15 within the week.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Yesterday's movement of Nifty Future was clear of direct and good for intraday trading.

From 7^th of February Nifty Future has started to correct. From 11142.85 the index already melts down to 10602.

This is not the end. Nifty Future may continue the melting procedure at coming days.

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

Yesterday Institutional Investors have bought 3435.8 Cr. and sold 4249.56 Cr. net trades were – 813.76 Cr.

And Domestic Institutional Investors have bought 2901.97 Cr. and sell of 1738.12 Cr. net trade values + 1163.85 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 18.6050 and low 15.2575

Advance and decline ratio of the Nifty was 25:24

OI at Option Trading

Most active CE was 10,800, and OI was 19, 45,875 and most active PE was 10,600. And OI was 8, 16,525.

Key Support-Resistance level of Nifty Future

Above 10686 vital resistance of the day is 10699.30-----10702.65.

Yesterday written about the first support 10602.80,Nifty Future made bottom at 10602.

Below 10501.30 Nifty Future will take next vital support at 10477.35----10476.45.

Today’s Overview:

Above 10602 Nifty Future may rally around 100 points, but overall trend is down.

Nifty Trading View

Good Morning and Wish You a Happy Trading Session ….

Yesterday after negative opening, Nifty Future made low 10891.30 and takes a reverse move. At first the index touched 10974 and after that 10991.

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

Yesterday Institutional Investors have bought 3955.48 Cr. and sold 4341.92 Cr. net trades were – 386.44 Cr.

And Domestic Institutional Investors have bought 2905.17 Cr. and sell of 2817.21 Cr. net trade values + 87.96 Cr,

India VIX Snapshot

India VIX made high 14.9175 and low 13.7200 on yesterday.

Advance and decline ratio of the Nifty was 24:26

OI at Option Trading

Strike price of most active Nifty CALL was 11100; OI was added 26, 30,550. And most active PUT was 10800; IO was 38, 39,175.

Key Support-Resistance level of Nifty Future

If today Nifty Future open below 10991 then may take support at 10935, below that 10929.75---10924 ranges will be crucial for the day.

Vital resistance of the day is 11118.20.

Today’s Overview:

If open in red then from day low a sharp bounce back is quite possible.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

After an average opening, Nifty Future made high 10924. From couple of days the Index moving very small, and looking over bought.

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 3220.76 Cr. and sold 3281.71 Cr. net trades were -60.95 Cr.

And Domestic Institutional Investors have bought 2421.03 Cr. and sell of 2497.87 Cr. net trade values – 76.84 Cr,

India VIX Snapshot

India VIX made high 15.9125 and low 13.8675 on yesterday.

Advance and decline ratio of the Nifty was 34:14

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was added 44, 42, 175. And most active PUT was 10800; IO was 41, 18,475.

Key Support-Resistance level of Nifty Future

Today vital resistance is 10935(10934.55) ----10937.65---10940.59

And major support of the day is 10805.75 below that 10792.65.

Today’s Overview:

If open below yesterday’s high (10924) and fail to cross the hurdle within one hour of opening then a sharp correction quite possible.

If open around the hurdle and cross the level then may run small to touch mention resistance.

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session ….

After made high 10868 Nifty Future start to meltdown through the session, end of the session the index made low 10786.75.

Open Interest is decreasing, but volume not supporting the fall, it may be a small corrective wave, near TOP this kind of behavior is quite possible.

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

Yesterday Foreign Institutional Investors have bought 5062.16 Cr. and sold 5419.98 Cr. net trades were -357.82 Cr.

And Domestic Institutional Investors have bought 2303.82 Cr. and sell of 3095.58 Cr. net trade values -791.59 Cr,

Both the institute was on sell side.

India VIX Snapshot

India VIX made high 18.8275 and low 16.6200 on yesterday.

Advance and decline ratio of the Nifty is 10:40

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 6, 36,229.58 lacks. And most active PUT was 10800, turnover was 4, 99,947.57 lacks.

Key Support-Resistance level of Nifty Future

Vital support is 10783.50---10773.65, if Nifty Future open below this levels then may slip to 10646.

Any bounce back above 10886 only.

Today’s Overview:

Yesterday written “A sharp correction is on card” from opening Nifty Future only corrected through the session.

Today from crucial support a bounce back is possible.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session ….

From 1st November’2018 writing about that next TOP is going to be 10665, and from this hurdle 2-3 days correction is on card. Look what happened, yesterday Nifty Future made high 10664.60 and melt down 175 points.

After a flat opening Nifty Future hit 10664.60 and start to fall straight, after making base at 10585 it tried recover some, but it was part of a move.

At the end of the day Nifty Future made low 10490.

After predict the wave pattern it is clear that the move will continue its journey more. And we can see Nifty Future is touching 11179 very soon.

But one factor is 10716. It closes about it then the mentioned top is possible.

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

Yesterday Foreign Institutional Investors have bought 4499.38 Cr. and sold 3667.23 Cr. net trade was + 832.15, at last two trading sessions FII total bought +1446.29 Cr.

Domestic Institutional Investors have sold 3128.32 Cr. Against buy of 2054.38 Cr. net trade values -1037.84 Cr, sum of last two trading sessions sold amount is -1375.12 Cr.

India VIX Snapshot

India VIX made high 19.4625 and low 16.4750 yesterday.

Advance and decline ratio of the Nifty is 09:41

OI at Option Trading

Strike price of most active Nifty CALL was 10700, open interest add 31, 09,050

But most active PUT was 10500, and Open Interest was 21, 60,675

Open position of Nifty Future is increasing from last nine days, but volume or market participation is decreasing.

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Key Support-Resistance level of Nifty Future

Above 10535 very vital resistances are 10568. Once Nifty Future crosses 10680 then will jump to hit 10716 with in the session.

Below yesterday’s low (10490) vital support is 10465, Crucial support of the day is 10442.

Today’s Overview:

Yesterday written:

“From any of days high a small term (2-3 days) correction is quite possible.”

Look what happened, after making top at 10665 it starts to melt down and made base 10490.

Today from base a sharp bounce back is quite possible.