Nifty Future – Coming resistance 9197

Key Support-Resistance level of Nifty Future

 

Possible resistance of Nifty Future is 9192//9197.

 

Before this inner resistances are 8990 and 9078///9084.

 

And inner supports are 8926/8924 and 8958.

If fails to cross 1st resistance (mentioned) and break 8811 (recent low) then the index may start to fall to touch 8562.

Nifty Intraday Tips

Above today’s high first resistance is 9395;

Tough hurdle is 9431.35

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Below 8799.35 crucial supports is 8652.

Recover Your Losses

Nifty Future’s possible activity

·        First support of Nifty Future is 8383.

·        Vital resistance is 8780.40.

·        Above 8817.50 vital resistance is 9165.60;

Nifty Profitable Trade

Good evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  First support of the day is  11192.85;

§  Below 11136.70 OR 11122.90 crucial support is 11108.

§  Above 11448.90 Next resistance of Nifty Future is 11620.20.

07:37  pm, 4^th March, 2020

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance zone of the day is 11129.95---11134.75;

If Nifty Future fails to cross this level and start to melt down, then 10894/10888 is the crucial support zone.

If Nifty Future break 10806.90 and single close below this level then be ready to see Nifty Future at 4 digit values.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11698.90, fresh up move above 11750 only.

Crucial support of the day is 11590---11583.

Today’s Overview:

Nifty Future is trading near of its expected bottom.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Below 11399.65 vital support of the day are 11361.65, once Nifty Future break 11334 then crucial support is 11286.

Today’s Overview:

From day’s low bounce back is possible.

Nifty Future Trade

Good Morning and Wish You a Happy Trading Session ….

At 4^th January 2019 Nifty Future made low 10678. For last 11 sessions Nifty Future has been trading between ranges.

Below 10678 or above 10984.80 the index will give a clear direction.

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

On Friday Foreign Institutional Investors have bought 3458.07 Cr. and sold 3582.98 Cr. net trades were - 124.91 Cr.

And Domestic Institutional Investors have bought 3281.77 Cr. and sell of 3282.74 Cr. net trade values – 0.97 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 16.9050 and low 12.3075.

Advance and decline ratio of the Nifty was 16:34

OI at Option Trading

Most active CE was 11,000, and OI was 35, 98,050. And active PUT strike was 10700, OI 37, 45,575.

Key Support-Resistance level of Nifty Future

Vital support is 10862.30, if Nifty Future breaks and close below 10855 then may take next support at 10768.

Bull move will be confirmed above 11021 only.

Today’s Overview:

Break-out of range will decide the next move.

Nifty Trading View

Good Morning and Wish You a Happy Trading Session ….

 Yesterday after opening at positive note, Nifty Future maintains the up motion. Despite of two very small corrections Nifty Future gained 148 points through the session.

From days high some profit booking is quite possible.

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

Yesterday Foreign Institutional Investors have bought 4248.73 Cr. and sold 4089.13 Cr. net trades were +159.6 Cr.

And Domestic Institutional Investors have bought 3712.9 Cr. and sell of 3295.46 Cr. net trade values + 417.44 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 16.1575 and low 12.9925.

Advance and decline ratio of the Nifty was 46:4

OI at Option Trading

Most active CE was 11,000, and OI was 40, 54,650. (Decreasing) And active PUT strike was 10700, OI 40, 40,850 (increasing).

Key Support-Resistance level of Nifty Future

Above 10944—10951 zone next resistance is 10970.65---10975.25

Vital support of the day is 10913.

Today’s Overview:

From days high an intraday correction is possible.

Nifty Future today

Nifty at Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty Future move to down slowly and steadily. Two attempt towards up was just part of corrective move.

predicting the market

At yesterday’s post I have written:

“From 25 September’s low 10909 to yesterday’s high 11149 the moving pattern is not too much hopeful for Investors. Quite possible of furthercorrection may take place to drag Nifty Future below 10909.”

And what happened? After making high at 11088 slowly Nifty Future has melt down to 10944.

Writing again:

According to behavioral finance trader will jump to buy and will be trapped at higher level. Till yesterday’s closing there is no sign of bounce back. Don’t mixed with bounce back and recover.

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

Yesterday buy value of  Foreign Institutional Investors was 8870.72 Cr and sell value was 8318.25 Cr, they have bought around 552.44 Cr, opposite of their last three trading day’s strategy.

On the other hand Domestic Institutional Investors bought 6559.62 Cr. and sell 6746.31 Cr...They were on sell side.

don't rush to invest 

Key Support-Resistance level of Nifty Future

Above 11025 nifty Future may run to touch 11050, tough resistance of the day is 11089.

If Nifty Future starts to melt below 10911/10906 then wait for 10886/10881….

Crucial support is 10861.

Today’s Overview:

Overview is same as like as  last two days. After a long term correcting when it seems that market is oversold then a conflict, an irritation does work in the mind of investors. It is natural, the fear, fear of losses change act strongly.

3 Days 326 Points

3 days profit

 Work analysis 07 September 2018

Trade 1. Book profit yesterday’s short position (holding short from 11562) at 11522. Profit 11562 – 11522 = + 40 points.

Trade 2. Sell Nifty Future @11597 SL 11599 (just 2 points) Target 11565. Profit 11597 – 11565 = +32 points

Time Factor: SMS sent at 10:29 am, at 10:53 am NF made high 11598 and came down to 11563.

Clients got 24 minutes to active the call.

Price Factor: Short Level was 11597 NF made high 11598 and meltdown.

Risk::Reward = 2::32 = 1::16

Trade 3. Buy NF @ 11581 SL 11579 Targets 11670 (Booked at 11631). Profit 11631 – 11581 = +50 points.

Time Factor: Call sent at 01:36 pm. NF touched 11581 at 01:52 pm.

Got 16 minutes to initiate the call.

Price Factor: Buy level was 11581, after 16 minutes NF touched 11581 and reverse.

Risk::Reward = 2::50 = 1::25

Total effect = +40 +32 + 50= +122 points/lot.

Work analysis 06 September 2018

Trade 1: Book losses of positional short (holding short from 11527)@11548. Losses 11548 – 11527 = -21 points

Trade 2: Buy NF @11539 SL 11536.60. SL triggered. Losses 11539 – 11536.60 = -2.4 points.

Trade 3:  Sell NF @11504 Target 11470, after initiating the call NF made low 11470(was day’s low). Profit 11504 – 11470 = +34 points

Trade 4: Buy NF @11474 SL 11469.95 Booked 11582. Profit 11582 – 11474 = +108 points.

Trade 5: Sell NF @11562 (positional) …..

Total effect = -21 -2.4 +34+ 108 = 118.6 points/lot.

Work analysis 05 September 2018

Trade 1: Buy NF @11540 SL 11538.50Targetg 11577. SL triggered, losses 11540 – 11538.50 = -1.5 points.

Trade 2: Buy NF @ 11488 SL 11486.45 Targets 11526. SL triggered, losses 11488 – 11486.45 = -1.55 points.

Trade 3: Buy NF @ 11451 SL 11448.80 Targets 11489. Target achieved. Profit 11489 – 11451 = +38 points.

Trade 4: Buy NF @11477 SL 11474 Target 11527. Target achieved. Profit 11527 – 11477 = +50 points.

Trade 5: Sell NF @11527 SL 11533 (revised)…..

Total effect = -1.5 – 1.55  +38  +50=  85 points/lot.

05 September, 2018 à +85 points

06 September, 2018 à +118.6 points

07 September, 2018 à +122 points

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TOTAL à  326 POINTS

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