Good Morning and Wish You a Happy Trading Session ….
After flat
opening Nifty Future meltdown to 10492, the bottom of the day. From this level
Nifty Future start to spark, and run up 1.51% of days low. And touch 10650.
Now question arise
is Nifty Future going to cross 10779 today? If so then we may see new recent high
(not lifetime) and a sharp correction both.
Yesterday Foreign Institutional Investors have bought
4756.12 Cr. and sold 4693.38 Cr. net trades were +62.74 Cr.
And Domestic Institutional Investors have sold
4276.96 Cr. Against buy of 3925.18 Cr. net trade values +351.78 Cr,
India VIX made high 20.5275 and low 15.0175
yesterday.
Advance and decline ratio of the Nifty is 34:16
Strike price of most active Nifty CALL was 10700,
open interest add 32, 54,700
But most active PUT was 10500, and Open Interest
was 42, 33, 6000,
Key
Support-Resistance level of Nifty Future
Above 10737 vital resistance of the day are
10810---10815…..
On the down side crucial support level of the day
is 10568….if break 10511.95 then Nifty Future will melt down below 10454-10450
within hours.
Today’s
Overview:
From days high a sharp
correction is on card.