Nifty Future Tips

Nifty at Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty Future is going towards down with steady and zigzag move, although this down line have started from 11793, it seems Nifty Future has come to near of its bottom. (but don’t’ jump to buy now).

Oversold

Last trading day of September and 1^st trading day of October expiry, opening was with positive nod, after making day’s high 11099 Nifty Future failed to sustained at upside.  And melt down to 10892 at day’s low.

The main factors which decide the market moves:

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

India VIX Snapshot

OI at option Trading

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

At last Thursday FIIs have bought around 552.44 Cr. but on Friday they have sell a lot, and net trade volume was -1699.94 Cr.

On the other hand Domestic Institutional Investors bought huge. They have bought 3256.34 Cr. it seems DIIs are expecting reverse of falling market.

India VIX Snapshot

At Friday high of India VIX was 17.6925. Market fall is continue but VIX is not crossing its recent high 18.3100 (25.09.2018). That means is going into the circle is entering into oversold zone.

OI at Option Trading

Most active call on Friday was 11200, open interest add 24, 34,800 contracts.

And most active put was 10800, contracts add was 28, 29,375.

 

Group work

Key Support-Resistance level of Nifty Future

Above 10997 Nifty Future may run to touch 11017, tough resistance of the day is 11048.

If Nifty Future starts to melt below 10861 then wait for a sharp small timed correction. Closing below 10853—10840 Nifty Future may correct to 10751---10738.

Today’s Overview:

Overview is same as like last few 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.

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.

Nifty Live Price

Nifty at Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After continuous correction Nifty Future has given some oxygen to Bulls buy a part recovery, although total move was zigzag. After making intraday high 11149 Nifty Future correct intraday at 11001. From there Nifty Future start to move up.

live-price

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

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

Trading strategy of FIIs and DIIs is same from last three days. Foreign Institutional Investors were on sell side and, yesterday their net trade value was -809.95 Cr.

At opposite side Domestic Institutional Investors were on buy side. They have bought (net trade) was 1555.44 Cr.

VIX

India VIX Snapshot

India volatility index is now cool on the basis of its some day’s high movement. But any time it may be aggressive to be the provider of strength to fall the market.

Key Support-Resistance level of Nifty Future

Above 11177 Nifty Future will run to touch 11196/99 level within few minutes.  And 11213/11214/11215 zone will act as tough hurdle. May be we can see this level on October expiry.

Below 10888/10884 crucial support is 10861.

Prediction

Today’s Overview:

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.

Nifty Future Trade

Nifty Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty Future has continued its fall-fall season for couple of days; although yesterday after making low 10909 Nifty Future has taken a bounce back to 11103.80.

Stock-Graph

After correcting 7.4959% from its life time high 11793 this bounce back is very hopeful but after showing its pattern not sure about the life of this bounce back. Nifty Future may corrected again towards 10861 if face tough hurdle today.

According to behavioral finance trader will jump to buy and will be trapped at higher level. Keep patience; wait at least today’s closing. 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

As like the day before yesterday, Foreign Institutional Investors were on sell side and Domestic Institutional Investors were on buy side.

Yesterday FII have trade maximum on sell side and the amount was -1231.7 Cr. and DII net traded on buy side of +2284.26 Cr.

It seems at a corrective move, the corrective patters are created by FIIs and recover pattern are being created by DIIs.

India VIX Snapshot

Yesterday I have written about the hurdle of India VIX 18.2900, at trading session it made high 18.3100 and start to fall to 16.2175. But till it running above 67% of 52 weeks high (24.0350).

Work of 25 Septm.

 Key Support-Resistance level of Nifty Future

Above 11132.49 Nifty Future may run to touch 11176.55. But this is not a long term buying scope. Closing above 11238 Nifty Future will confirm the buy opportunity. Wait till then.

Below 10888/10884 crucial support is 10861.

Today’s Overview:

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.

Work of 25 September:

Work-Pie Chart

There were four trades; out of this three has given profit. Profit was 136 points per lot.

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.