nifty short trading

Nifty Melting Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty Future continued its fall-fall season at fifth consecutive days, yesterday’s fall was not as too sharp as Friday’s. But it was quite painful for Bulls. .

Market - Correcting

After making high  11185 at opening Nifty Future made its first bottom at 11107. A small try of  pull back Nifty Future to 11147, but failed to stay and smoooooooooth fall to 11010 and after that 10969.

The main factors which drag Nifty Future below 11000:

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

Yesterday Foreign Institutional Investors executed buy of 7589.48 Cr. and sold 8113.42 Cr. net trade was -523.94 Cr. And Domestic Institutional investors have bought 5471 Cr. against sell 3943.33 Cr. net trade was +1527.67 Cr.

Then at which sell-out market has corrected? Of non-institutional or retails investors? Oh! Seleucus, what an amazing country is INDIA. 

India VIX Snapshot

Yesterday’s high was 17.8550. And was 74% of 52 week high (24.0350).  Above 18.29 it may be more powerful and would the provider of strength to drag Nifty Future below 10861.

Most active contracts

Most active CALL was 11200, and open interest was generate 29, 52,000 and most active PUT was 11000, contracts was added 34, 00,200.

support

Key Support-Resistance level of Nifty Future

Very vital resistance of the day is 11070//11073(11072.60). If Nifty Future crosses it then 11096 would be the relief point of Bulls.

Very vital support is 10890, after breaking it if Nifty Future takes support at 10861 then a possibility of reverse move is possible, but if break the level with volume then be ready for pitch black correction.

Closing below 10798 would be the cause of PANIC.

Today’s Overview:

Now the question arrives, what should be the reversal point, from where Bulls can take a fresh breath?

good trade

Yesterday’s Nifty Option trade:

Yesterday at 10:10 am updated our Clients to buy 10950 PUT (September expiry) @47 with 1^st target 85 to 94.

10:12 am option made low 46.42 and reverse. Intraday high was 86.55

nifty future price

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty Future continued its fall season at fourth consecutive days, and Friday’s fall was sudden and sharp. From intraday’s high 11385 Nifty Future fall 3.3377%, at last hour it recover 1.93% from day’s low 11005.

Reversal Point

From last four day writing don’t trapped at higher level.

Today’s Overview:

“First half’s move will towards upside. If volume support then may face hurdle around 11505. It may be a turning point”

                                                                     ---14/09/2018

Today’s Overview:

“From any resistance a sharp correction is possible. Don’t be trapped at higher level”                                                           ---17/09/2018

Today’s Overview:

“Any pull back is good opportunity to go short (intraday).Below 11458 markets is week only”                                              ----18/09/2018

Today’s Overview:

 “Becautious and wait at side line for fast half of session.”

                                                              ---21/09/2018

“At 12:34 pm Nifty Future made high 11385 and start to fall sharply,”

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

Look at the volume was created only by FIIs and DIIs, almost 3 times greater than average. FII bought at last trading session 15442.5 Cr. against sell 14681.8 Cr. And Domestic Institutional Investors have bought 6336.8 Cr. against sell 5839.05 Cr. both Institutions were on buy side.

India VIX

India VIX Snapshot

Opened at 14.0050 and made high 16.9200, and close at 15.5315. Indicating more fall. I have written several times that increase of India VIX is signal of correction in Market.

Key Support-Resistance level of Nifty Future

Above 11234 very vital resistance is 11259(11258.72), if touch this level and fail to break then Bulls be cautious. A sharp fall may take place. If cross the mentioned resistance level and close above the level the may touch 11322 within two sessions.

Below 11155 may fall to 11058 without any support. Single closings below 11026/11024 just wait for 10861.

Overview

Today’s Overview:

From any resistance (out of two) a sharp fall is quite possible. If cross 11259 then huge short covering will pull back market steadily.

nifty future live

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

From 14^th September’s day high 11559 Nifty Future is correcting continuously. At three consecutive days downfall Nifty Future already lost 2.725% from last Friday’s high.

Ups-Downs

At Wednesday’s session all possible bounce back was a trap, from last three day writing don’t trapped at higher level.

Today’s Overview:

“First half’s move will towards upside. If volume supportthen may face hurdle around 11505. It may be a turning point”

                                                                     ---14/09/2018

Today’s Overview:

“From any resistance a sharp correction is possible. Don’t be trapped at higher level”                             ---17/09/2018

Today’s Overview:

“Any pull back is good opportunity to go short (intraday).Below 11458 markets is week only”                   ----18/09/2018

Picture is clear to you, what is happening from last three days;

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

OWO! Only FII have sold 6450 Cr. against buy 4265.45 Cr. total sell amount /net trade value was -2184.55 Cr. at opposite DII have tried to resists the fall by buying of 1201.3 Cr.

India VIX Snapshot

Opened at 14.4150 and made low at 11.7450 when Nifty Future was reversing to 11373.90(day’s high). After that it jumps to above open price at 14.4775, when Nifty Future was melting down to 11244 slowly and steadily.  We have to look at 10.7500, if break then wait for more correction.

What to do now

 Key Support-Resistance level of Nifty Future

Opening above 11336 and smooth cross 11365 level then next hurdle for Nifty Future is 11390, hard but not impossible resistance is 11417/418.

If Nifty Future fail to cross 11365 and start to melt down and break 11289.57 then crucial support of the day is Wednesday’s low 11244. Below this very strong support is 11204.

Today’s Overview:

If Nifty Future crosses 11365 within 1^st hour of opening then a bounce back possibility will generate. Be cautious and wait at side line for fast half of session.

Nifty Trading Tips

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After a flat opening Nifty Future has continued its corrective move for last two consecutive days. Through the session never tried to bounce back, two small re-bounce (11379 up 11438 and 11357 up 11428) were regular corrective move.

Market Correcting

Main strength provider of yesterday’s correction was Foreign Institutional Investors; they have Sell 5848.17 Cr. against buy of 4704.44 Cr. net trade value was -1143.73 Cr. where DIIs act as opposite; their net trade value was +264.66 Cr.

Most active Call strike 11500, and Open Interest was 42,99,450 and most active Put 11200, contacts was add 37,20,525, that investors are expecting a range of 11500 to 11200.

The day before yesterday high low of India VIX was 14.6350-11.7300, yesterday Nifty Future fall 140 points from its day high but high-low of India VIX 14.6200-11.8725, quite similar of yesterday, what is this index indicating, any bounce back? Let see…

Key Support-Resistance level of Nifty Future

First resistance of first half is 11343, above this 11352 will act as tough hurdle to cross.

Crucial support zone of the day is 11285—11282, if break it then Nifty Future will take next support at 11204.

Group Work

Today’s Overview:

Like as last three sessions I am writing about the correction, at overview column writing to go short, yesterday also written “any pull back is good opportunity to go short (intraday)”. Today’s picture may vary (if volume support), from days low a bounce back is quite possible.

Tomorrow is holiday at NSE equity segment, therefore don’t carry any position.

Nifty Trade Today

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After Wednesday’s last hour move and Friday’s steady up move Nifty Future able to recover 2.319% from 11297 to 11559. I have written at last two days ---“this up move may be a turning points” --: “from any resistance level a sharp correction is possible, don’t trapped at higher level”

Bear play

Just look what happened, just look what happened, and within one trading day Nifty Future melts down from 11559 to 11392.yesterday Nifty Future never tried to take a bounce back, always move was ready to sleep below.

Yesterday Foreign Institutional Investors’ (FII) net trade value was -106.54 Cr. and Domestic Institutional Investor’s (DII) net trade value was -180.36 Cr. both intuitions were on sell side.

India VIX jump from 11.7300 to 14.6350, and was the strength provider to correct the market. Today above 14.7800 and stay above then correction may be steadier.

Key Support-Resistance level of Nifty Future

Below yesterday’s low 11372 Nifty Future may take next support at 11342, Single closing below 11325 may drag Nifty Future to 11224.

A bounce back from any support level may pull Nifty Future to 11392/11396, above this 11422/11427.

Today’s Overview:

Any pull back is good opportunity to go short (intraday).Below 11458 markets is week only.

Trade 17 Sep'2018

Trade of 17^th September’2018:

Positional traders (Clients) are holding Nifty Future short positions from 11445.60 with SL their entry.

Risk n Reward ratio

Nifty Future Today

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

On Friday after a gap-up opening Nifty Future able to sustain above the previous day’s high (11430) through the session. Day’s low was 11466; Wednesday’s high was 11430.

Trading rules

Through the session Nifty Future made three tops, after first top 11504.95 Nifty Future take a small intraday correct to 11466, after that from 2^nd top 11530 to 11505. Final top was 11559. And Nifty Future closed at 11547.30, far above psychological level 11500.

Both the Institutional Investors have participated at the up-move. Most active was FIIs, their net trade value was +1090.56 Cr. followed by DIIs, their net trade value was +115.14 Cr.

At previous post I have written that “a steady decries of VIX high to low indicating low volatility at market. And clear the chance of bounceback from a corrective move”

Just look what happened, Nifty Future made a sharp bounce back with gap-up opening and closing above 11500. At previous trading session India VIX show a sharp decline from day’s high 14.2500 to 12.3225.

Most active call was 11600, Open Interest was 32, 45,250 and most active put was 11400, the contracts was added was 40, 55,625.

bears are taking rest

Key Support-Resistance level of Nifty Future

At first half of session vital resistance is 11580, if cross it smoothly then vital resistance is 11597. At this level a profit booking not be ruled out. If able to cross 11605 then may touch 11625---11634.

Weekly closing below 11339 Nifty Future may drag to 11261—11230 level.

Today’s Overview:

From any resistance a sharp correction is possible. Don’t be trapped at higher level.

Nifty Future Tip

Nifty Trade Yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

After breaking previous day’s low (11322) Nifty Future tried to recover from 1^st low 11300 to 11365, but failed and sleep down to 11297, and finally sharply and made day’s high 11430.

Nifty Future Move

After two days continue correction this bounce back was a relief for Bulls for the time being. But you should take it carefully; it may be a relief or may be a trap for bulls.

Indian VIX open-high was 15.3300(also previous day close), from the top it made low 12.9800(-7.05%). A steady decries of VIX high to low indicating low volatility at market. And clear the chance of bounce back from a corrective move.

As like Tuesday’s session (-1454.63 Cr.) also at Wednesday Foreign Institutional Investors have net sold -1086.39 Cr. But as usual Domestic Institutional Investors was at buy mood. They have bough net +541.44 Cr.

Key Support-Resistance level of Nifty future

At first half of trade Nifty Future may take support at 11375.60. If sleep it (!) then may take next crucial support at 11330.

 

Predicting Market

Vital resistance of the day is 11483.85 above this level tough hurdle is 11505. Be cautious at this level. Nifty Future may reverse to down around this level.

Today’s Overview:

First half’s move will towards upside. If volume support then may face hurdle around 11505. It may be a turning point.

Nifty Trading View

Nifty Trade Yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

There was no sign of reversal, from opening Nifty future was correcting sharply. Once have tries to recover from 11456 to 11497 but fail to cross 11500 and start the round of fall again.

Nifty Trading View-Market correcting

The overall PANIC drag  Nifty Future to 11322, blood flow was continue till 2.798% fall from its recent high 11648.

Indian VIX is increasing continuously. Yesterday’s high was 15.4475, greater than previous day’s high 15.3150.

Just look what Foreign Institutional Investors have down yesterday. Their net 8015.47 Cr. against it they have sell 9469.83 Cr, net trade value -1454.63 Cr. whereas Domestic Institutional Investors was on opposite direction, they have bough greeter than sell, total value was 749.62 Cr.

Nifty Trading View: correction will continue ?

Key Support-Resistance level of Nifty future

Nifty future will try ti sustain above yesterday’s low 11322 at opening, if it possible then Nifty Future will face tough hurdle at 11358/59. If cross 11362---11368 level with volume then wait for a bounce back.

After Nifty Future sleep down below 11322 then next support is 11289.60.

Today’s Overview:

If fail to cross the resistance level mentioned above then try Future will start to melt down and may take support at 11289.60. Never try to catch a fallen knife.

Many small investors get trapped at reversal points. Always wait for a good reversal points. Our posts always try to predict the level correctly with the view of technical analysis.

Nifty Trading Tips

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After opening at gap-down Nifty Future continue its red journey to more deep red. Nifty Future made first low at 11486, lower by 1.39% from previous day’s high 11648.

stock-chart

Have tried a small recover but failed and made low. I have written several time continuous increase of volatility is a symbol of coming fall. Closing near new intraday low indicated more correction is pending.

WOW…..Indian VIX is 15.3150, increasing strongly. Means more low is due to be show. Index increased by 10.25% then yesterday’s high 13.8900.

Just look at Institutional Investor’s yesterday trade value. FII have bitten the market heavily, their net trade value was -841.68 CR, and DII have followed FII by selling by -289.66 Cr.

Sentiment of USA-China trade war and dramatic fall of rupee at 72.45 were the main cause of this fall. INR issue is more critical, no sign of recovery. Small investors don’t panic and wait at side line for a while, and wait for a good bottom to enter.

Strike 11400 PE made maximum Open Interest, contacts was 44, 29,575. Is very meaningful, Nifty future may break down below 11400 levels.

Key Support-Resistance level of Nifty future

At first couple of hours Nifty Future may take support at 11436. Below that vital support is 11416.Single closing below 11408 Nifty Future may meltdown to 11290.

analysis

Will try to take a reverse from any support level and in that case vital resistance is 11493/94. After crossing above 11533 Nifty Future will gain its strength.

Today’s Overview:

Intraday traders trade with strict stop losses, never average any losing trade with hope one day it will recover. If you do this mistake, then definitely one day market will recover, but you will be not capable to trade then.

Nifty Future Tips

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After opening in red Nifty Future continued the journey to red on Friday. And Nifty Future made intraday low at 11512. After a sharp bounce back touched day’s high at 11648.

Stock Chart

Although total journey from 11437 to 11648 was a zig-zag move, it will try once to take a reversal from day’s low to cross recent high.

At last trading day most active call was 11600 and open interest was 29, 12,400 contracts. The most active put was 11500, OI was 47, 64,075 followed by 11400 and open interest is 47, 42,025.it clearly suggest that Nifty Future may try to 11400 within coming sessions.

On Friday FII and DII activity was at same side, although there was huge difference of net traded value. FII balance there both side trade and net value was 37.56 Cr. On the other hand DII have trade maximum on buy side and net value was 942.45

On Friday I have written “IndianVIX made high 14.2000 greater than previous day. Increasing of Market and VIXsimultaneously is very confusing”

Look just what happened, there was two type of move, at first part Nifty Future fall down to 11512 and reverse from the low with a sharp move to 11648.and last trading session Indian VIX made high 14.1425, running at high from 1-day/1 week and also 1 month’s high.

That suggest more volatility and more correction may drag Nifty Future near 11334 levels.

Key Support-Resistance level of Nifty future

If Nifty Future open below 11614 then it will be a gap-down opening, in that case vital supports of the day will be 11567-------11559/11558.70. Single closing below 11512 Nifty Future may drag down to 11413—11334.

Any kind of reverse from day’s support level and cross Friday’s high 11648 then may top at 11670/11672. Closing above 11688 then tough hurdles to cross is 11702.50.

last 3 day's profit 326 points

Today’s Overview:

If open at gap-down then it may be a volatile session and from 2^nd support level Nifty Future may take a bounce back.

Work analysis of last three days (05 September to 07 September):

Last Three day’s total profit was 326 points /Lot. Please READ MORE