Nifty – Dead Cat Bounce is Possible?

Key Support-Resistance level of Nifty Future

§  First support of the Nifty Future is 9203.95;

§  First resistance is 9283, above 9371.75 Nifty Future may touch 9498.50.

§  Any kind of intraday bounce back is good opportunity to go short.

Nifty Future Tomorrow

Key Support-Resistance level of Nifty Future

·        Vital resistance zone is 12305 or 12308.

·        If Nifty Future crosses 12355 then short covering will pull the rally.

·        If Nifty Future fail to cross the mentioned hurdle then another round of panic may be start.

Nifty Yes Bank UPL

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

First resistance of the day is 11822.90. Above this tough hurdle are 11850.

Vital support is 11705.55;

If Nifty Future breaks 11624-11621 then crucial support is 11557.15.

YES Bank:

Those are holding this stock, do not average.

If this stock break 96 then, blood bath can melt down the stock price to 59---56.05.

UPL:

Vital support is 933, if break this level then stock price may meltdown to 806—781 within few sessions.

Nifty Trading Today

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11838.50; once Nifty Future cross recent high 11859 then may run to touch 11875/11878.

Single closing above 11899/11901 Nifty Future may touch 11986.25/11993 within Wednesday.

Below 11722 Nifty Future may test 11695.

Today’s Overview:

Possible up move, before vital hurdle small intraday correction of Nifty Future is possible.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

As expected today Nifty Future made new Life Time High 11822.75. Once it crossed the previous high then the upper motion may continue.

First resistance of the day is 11754, vital resistance of the day is 11768---11783. Above 11798/99  Nifty Future may run to touch 11845.75

Today first support zone is 11683—11671. Vital support of Nifty Future for the day is 11647.50. Crucial support is 11563.90.

Today’s Overview:

Once Nifty Future take bounce back from any mentioned support level, then don’t hold short position at Nifty or any Nifty Stocks.

Nifty Future Trend

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11418; crucial support of coming two day’s is 11367.

And vital resistance is 11503.

Today’s Overview:

Trend (intraday) is down, but move will be volatile.

Nifty Trade View

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

If Nifty Future breaks Wednesday’s low (11533.60) then may take next support at 11475.

If Nifty Future able to open above 11572, and cross the hurdle 11581, then next vital resistance may be 11603—11648.

Today’s Overview:

Don’t go for positional long. Traders should enter only intraday trade with strict stop loss.

Vital resistance of Reliance (cash) is 1397

Nifty Future Trade

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

·        If Nifty Future opens around 11481.85----11479---11472.75 then may go upwards, and in that case vital resistance may be 11545.75.

·        Above 11555 next vital resistance is 11593.80---11597.75.

·        If face hurdle at 11545.75 and fail to cross, and start to melt then wait for PANIC selling.

Today’s Overview:

Wait for clear indication, enter intraday with strict stop losses.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11314.75.  Below 11285.25 next supports may be 11270.50---11252.55

Vital resistance zone of the day is 11392---11398---11402.25

Today’s Overview:

Overbought condition is not good for fresh long term buy, but you may buy for intraday.

Nifty Future Analysis

Good Morning and Wish You a Happy Trading Session ….

From low of 10602 Nifty Future is moving upward continuously. On Friday the index made high 10833.

And a mild correction (intraday) correction Nifty Future has showed the trend of recover.

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

On Friday Institutional Investors have bought 10437.99 Cr. and sold 4126.98 Cr. net trades were + 6311.01 Cr. Massive buy after a long time.

And Domestic Institutional Investors have bought 3717.9 Cr. and sell of 2879.02 Cr. net trade values + 838.88 Cr,

India VIX Snapshot

 On Friday INDIA VIX made high 16.0525 and low 12.3150

Advance and decline ratio of the Nifty was 33:17

OI at Option Trading

Most active CE was 11,000, and OI was 41, 10,750 and most active PE was 10,700. And OI was 35, 78,625.

Key Support-Resistance level of Nifty Future

Above 10891.90 next resistance is 10924.90.Vital resistance of the day is 10953.55---10954.50.

From days high a correction of 60 to 64 points is possible.

Today’s Overview:

Overall trend is up ward.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

On Friday after making day’s high at 11023 Nifty Future melt down straight 188 points.

End of the session the index has tried to recover some, but it was a bounce back of a falling object.

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

On Friday Institutional Investors have bought 7118.42 Cr. and sold 5802.53 Cr. net trades were + 1315.89 Cr.

And Domestic Institutional Investors have bought 4024.98 Cr. and sell of 4030.05 Cr. net trade values – 5.07 Cr,

India VIX Snapshot

 On Friday INDIA VIX made high 17.1850 and low 15.5450

Advance and decline ratio of the Nifty was 34:16

OI at Option Trading

Most active CE was 11,000, and OI was 31, 56,525. And active PUT strike was 10700, OI 29, 69,700.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10935.50. If Nifty Future cross 10973.95 then may cross recent high 11023.

Vital support of the day is 10786.80. Below this next support are 10730.35. (This is not the end)

Today’s Overview:

Below 10973.95 overall trends is down.

Nifty Future Today

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty Future runs upward through the session. From intraday low of 10676 it jumps 1.57%. Total movement was straight and doubtless.

Before the Union Budget (interim) session market will be volatile today.

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

Yesterday Institutional Investors have bought 10962.01 Cr. and sold 7955.6 Cr. net trades were + 3006.41 Cr.

And Domestic Institutional Investors have bought 5751.35 Cr. and sell of 7385.67 Cr. net trade values – 1634.32 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 17.8500 and low 16.4450

Advance and decline ratio of the Nifty was 40:10

Key Support-Resistance level of Nifty Future

Above 10864.85---10866.10 Nifty Future may face next hurdle at 10918.60. Single closing above 10969.40 Nifty Future may run towards 11172.70---11173.55 within next week.

From any hurdle point (Nifty Future will face strongly) intraday correction of 110+ is quite possible.

Today’s Overview:

Today market will be very volatile, as Union (interim) Budget 2019 is going to be unveiling.

Past Performance

Past Performance February’2019:     Date    Script    Entry Trade Target     SL  Effect 31.01.2019 NF 10682 Buy 10761 10680 -2 NF 10733 Buy 10814 10731 +81 01.02.2019 NF 10918 Sell 10920 10877 +41 NF 10890 Buy 10969 10887 -3 04.02.2019 NF 10844 Buy 10877 10842 +33 05.02.2019 Call was not Initiated We adjust No call days 06.02.2019 NF 11056 Buy 11097 11054 +41 07.02.2019 NF 11067.5 Buy 11122 11065 -2.5 NF made Low 11060 And reverse To 11134 08.02.2019 NF 11052 Buy 11137 11047 -5 NF 11050 Buy 11135 11047 -3 11.02.2019 11150 CE 37 Buy Positional --------------- NF 10917 Buy 10952(booked at 10945) +28 12.02.2019 NF 10925 Buy 10988 10922 -3 NF 10914 Buy 10952 10912 -2 NF 10899 Buy 10934 (NF made high 10927) Exit at cost 00 13.02.2019 NF 10905 Sell 10830 10908 +75 14.02.2019 NF 10773 (Buy  NF @10773-10772, NF low was 10773) Buy 10806 NF made high 10803 and melt down 10770 -3 15.02.2019 NF 10707 Buy 10752 10705 -2 NF 10694 Sell 10645 10698 +49 18.02.2019 NF 10694 Buy 10744 10691 -3  NF  10657 Buy  10744 (exit at 10660)   10655  +3 19.02.2019 NF 10665 Buy 10712 ( call was not initiated) 10663 00  NF  10672  Buy  10712 (call was not initiated)  10720  00 NF 10700 Buy 10747 10697 +47 NF 10640 Sell 10603 (intraday) +37 Our Specialty: I.                    Deliver calls minimum 15 minutes before entry. II.                  No Current Market Price Entry or Exit. III.                SL is 2 points to max 07 points. IV.               Single Target, (If move is below 45 points.)           V.     We adjust the “No Call” days.