Nifty Intraday Call

Good Morning and Wish You a Happy Trading Session ….

Just after opening Nifty Future made day’s low at 10460 yesterday. I have written about the support 10465. Through the session the Index only went up side with slow and steady move.

After making high at 10523.95 Nifty Future slipped to 10476, and reverse to making day’s high at 10632.

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 3408.13 Cr. and sold 3903.08 Cr. net trades was -494.95 Cr.

Domestic Institutional Investors have sold 2345.72 Cr. Against buy of 2681.5 Cr. net trade values -1037.84 Cr,

India VIX Snapshot

India VIX made high 19.6850 and low 17.1225 yesterday.

Advance and decline ratio of the Nifty is 41:09, Monday it was 09:41

OI at Option Trading

Strike price of most active Nifty CALL was 10600, open interest add 22, 68,075

But most active PUT was 10500, and turnover was 10, 44,685.46 lakes.

Key Support-Resistance level of Nifty Future

Above 10701/10703 Nifty Future will spark .Nifty Future will run to touch 10798 within couple of minutes.

Single closing above the mentioned level Nifty Future will run too face 10940---10963.95 as tough hurdle.

Vital support of the day is 10549, if breaks 10522.65 then Nifty Future may slip below 10460.

Crucial support may be 10403/10402.

Today’s Overview:

Yesterday written:

“Today from base a sharp bounce back is quite possible.”…….

Nifty Future made low 10460 and reverse to 10632, a sharp bounce back.

Today if fail to cross 10701 within first half then may start to melt down.

Nifty Intraday Tips

Nifty Future Rally

                                                         

Good Morning and Wish You a Happy Trading Session ….

On Friday after a gap up opening Nifty Future was able to make top above 10500 (top was 10508.90). But the index failed to sustain above the level, an intraday correction pull down Nifty Future to 10452.

Trading

                     

Further attempt to cross the day’s high failed, when Nifty Future after touch high 10504 melt to 10474.

Although within two session Nifty Future rallied around 354 points (from low 10155). But the panic feelings are active in the mind of investors. Only one question is circulating at every bite of second what retail investors should do now.

Diversify their investment to a secure pocket or hold and watch. After analyze the wave structure it seems this is the beginning, whole picture is remaining.

 

U-turn

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

As usual sell value of their trade was higher than by buy value by -1322.13 Cr.   Foreign Institutional Investors are continuously maintaining the selling pressure at market.

 From 01 October to till the last session of this month FIIs have net sold -19557.50 Cr.

 Domestic Institutional Investors have bought 4564.80 Cr. Against sell of 3277.51 Cr.

India VIX Snapshot

At Friday’s session Advance-decline ration of Nifty 50 was 46:4, despite this India VIX made high 20.5475, higher than previous day’s high ( high was 20.1450).

It is indicating another round of Panic may be on card.

OI at Option Trading

Strike price of most active Nifty CALL was 10600, OI was 24, 27,825. But most active PUT was 10000, and the open interest was 42, 08,250

Key Support-Resistance level of Nifty Future

 

resistance

First resistance of the day is 10527.40, cross or closing above 10546 Nifty Future may run to touch 10583/10586. This resistance may be the turning point of the rally which has started from 10155.

Vital support of the day is 10468/10460; below 10337 crucial support is 10321.

At opening if fail to open above Friday’s high 10508.90, then Nifty Future may meltdown to 10307.

 

support

Single closing below 10092 Nifty Future may melt down to 10028/9055.

Today’s Overview:

From any resistance levels (which I have predicted) a sharp correction may took place, at long positions maintain strict stop losses. Once Nifty Future break 10321, then another round of PANIC may melt down the index below 10155.

Nifty Future Tips

Nifty Trade yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

At the second day of expiry week Nifty Future continue the trend of making new high. After making high at 11761.70 Nifty Future sleep 11715. But at the end of the session sudden volume act as provider of strength to come back Nifty Future again at 11761.

Analysis of Market

Strike price of most active call was 11800, Open interest generate was 26, 53,575 and most active Put was 11700, OI was 34, 61,400. This data suggest a range bound move between11800 to 11700.

After making the base at 9.4300 and 9.5150 respectively at Tuesday India VIX jump to 12.6000 and the base was 10.3775. All of this indicating volatility going to be increases.

 Yesterday both institutions were on sell side.FII net trade value was -161.05 and so as DII -199.28. Both data suggest Nifty Future is near its Top,

Today’s Overview:

After analyzing the three key factors it is clear that a small correction is overdue. And this will be a healthy correction. Investors should start some profit booking. A correction around 150 points is quite possible. Today’s trade will be some stock specific.

Group Disc.

 Nifty Future is going to day

Very vital resistance of the day is 11766.77. If volume generates at large scale then Nifty future may touch 11784. Tough hurdle to cross is 11818.

Nifty future may test support level at 11722, if break the mentioned level then Nifty Future may melt down to 11692. Crucial support of the week (before expiry) is 11666---------11617/11615.

Holding Positions:

Our Clients are holding Nifty Future long position from 11682, (tips given at 01:39 pm, 27 August). Yesterday's high was 11761.

Intraday traders book profit at 11707 on Monday.

Nifty Future Trading Today

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

On Thursday among Nifty 50 stocks – Axisbank, ICICI Bank, Hindalco, SBIN and Vedanta Limited was the top gainer, and out of this f stock 3 stocks below from bank sector.

BSE  Sensex close above 38,000 for first time, up by 137 points at 38,024.

Predicting downfall

According National Stock Exchange today (10^th Augut’2018) following securities in ban for trade: 1.Adani Enterprises Limited. 2. Adani Power and 3. PNB.

Yesterday FII total activity- buy net value 370.68 corer and DII net trade -85.39 corers, that means DII just start to off load ? Let see today’s activity.

  

Intraday Trade of Nifty Future

Overall scenario shows that Market is in overbought condition, investors should be cautious, 

profit

Trading Tips Intraday Nifty Future

Yesterday written that Nifty Future is moving zig-zag, like the spike of a wood-cutter fro couple of days. Last trading session was not an exception.

At opening Nifty Future made high 11498 then melt down to 11467, from this level take a bounce back to 11504.70, we have predicted 11506.

predicted yesterday

Within the first half of the trading session Nifty Future may face vital resistance at 11532… if cross the level with volume then next tough hurdle may be 11553……

But be cautious at higher level, from day’s high around 65+points Intraday correction may take place.

First support of the day may be 10505.70 to 11500, below this vital support is 11481, crucial support is 11466.

Is today’s crucial support is going to be the turning point of next up move? Of will break it to melt down near 11376 (recent vital low)……Let see…

 To download the app of “A1 nifty tips” please click the app for the step guide

App