Nifty Trading Today

Good Morning and Wish You a Happy Trading Session ….

After an average opening from day’s low 10771.30 Nifty Future bounce back to 10837 on Friday.

After analyzing the wave patter it is quite clear that a correction of 400 to 410 points is on card.

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

On Friday Institutional Investors have bought 3722.25 Cr. and sold 2860.31 Cr. net trades were + 861.94 Cr.

And Domestic Institutional Investors have bought 2778.14 Cr. and sell of 3080.66 Cr. net trade values – 302.52 Cr,

India VIX Snapshot

India VIX made high 15.5975 and low 12.6725 on Friday.

Advance and decline  ratio of the Nifty was 29:21

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was added 50, 40, 750. And most active PUT was 10700; IO was 34, 69,050.

Key Support-Resistance level of Nifty Future

No change at Friday’s level. On Friday Nifty Future move was range bound.

Today vital resistance is 10935----10937.65---10940.59

And major support of the day is 10760.48 below that 10733.

Today’s Overview:

Today from days high a sharp correction is quite possible.

Nifty Future Rally

Good Morning and Wish You a Happy Trading Session ….

After green opening, Nifty Future made two tops, first at 10847 and finally 10882.20. From both of the tops the Index take two intraday corrections.

After analyzing the wave patter it is quite clear that a correction of 400 to 410 points is on card.

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

Yesterday Institutional Investors have bought 4932.99 Cr. and sold 4257.85 Cr. net trades were +675.14 Cr.

And Domestic Institutional Investors have bought 3131.57 Cr. and sell of 3183.43 Cr. net trade values – 51.86 Cr,

India VIX Snapshot

India VIX made high 15.9050 and low 11.9125 on yesterday.

Advance, decline and unchanged ratio of the Nifty was 29:20:1

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was added 49, 42, 350. And most active PUT was 10700; IO was 30, 18,600.

Key Support-Resistance level of Nifty Future

Yesterday written about the first resistance 10881, Nifty
Future made high 10882.

Today vital resistance is 10935----10937.65---10940.

And major support of the day is 10760.48 below that 10733.

Today’s Overview:

Yesterday written “At opening may be some weakness can drag Nifty Future in to a small correction. But overall it will go up. ”

What happened?  Nifty Future made high 10847 and melt down to 10801, after that made high 10882.20 and melt down to 10777.30 but reverse every time. At the end of the session Nifty Future again reverse up to 10842.

Today from days high a sharp correction is quite possible.

Nifty Future Trend

Good Morning and Wish You a Happy Trading Session ….

After an average flat opening, Nifty Future runs to 10798.90 very steadily.

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

Yesterday Institutional Investors have bought 4177.05 Cr. and sold 5476.48 Cr. net trades were – 1299.43 Cr.

And Domestic Institutional Investors have bought 4215.09 Cr. and sell of 3093.8 Cr. net trade values + 1121.29 Cr,

India VIX Snapshot

India VIX made high 17.9450 and low 15.4175 on yesterday.

Advance and decline ratio of the Nifty was 46:4

OI at Option Trading

Strike price of most active Nifty CALL was 10800, OI was added 29, 65,575. And most active PUT was 10500, turnover was 13, 31,773.29 lacks.

Key Support-Resistance level of Nifty Future

Above 10881 Nifty Future will face tough hurdle at 10935.

Today’s Overview:

At opening may be some weakness can drag Nifty Future in to a small correction. But overall it will go up.

Nifty Stock Tips

Good Morning and Wish You a Happy Trading Session ….

After open at deep red, Nifty Future reverses sharply yesterday. Making days low at 10352.10 the index rallied 255 points through the session. And make high 10607.

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

Yesterday Institutional Investors have bought 3763.76 Cr. and sold 6184.82 Cr. net trades were - 2421.06 Cr.

And Domestic Institutional Investors have bought 5183.38 Cr. and sell of 2927.6 Cr. net trade values + 2255.68 Cr,

India VIX Snapshot

India VIX made high 20.4375 and low 17.2025 on yesterday.

Advance and decline ratio of the Nifty was 38:12

OI at Option Trading

Strike price of most active Nifty CALL was 10800, turnover was 26, 06,902.03 lacks. And most active PUT was 10000, turnover was 22, 36,692.14 lacks.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10612. If Nifty Future open above this then may run around 10747.

If Nifty Future open below 10607 then first support of the day is 10463.25 below this 10402 will act as vital support. If Nifty Future breaks 10323.35 then just wait for 10056.95.

Today’s Overview:

If open below 10607 then may correct heavily.

Nifty Intraday Tips

Good Morning and Wish You a Happy Trading Session ….

At last hour of session (02:48 pm) we recommended our clients to go short Nifty Future @10747 on Friday. Yesterday Nifty Future opens below 166 points of our entry.

Through the session Nifty Future continue breaking the supports, and end of the session made low 10500.

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

Yesterday Institutional Investors have bought 4041.44 Cr. and sold 3925.22 Cr. net trades were +116.22 Cr.

And Domestic Institutional Investors have bought 3585.42 Cr. and sell of 3731.22 Cr. net trade values -145.8 Cr,

India VIX Snapshot

India VIX made high 20.6450 and low 16.8900 on yesterday.

Advance and decline and unchanged ratio of the Nifty was 05:44:1

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was 47, 65,425. And most active PUT was 10000, OI was 45, 42,525.

Key Support-Resistance level of Nifty Future

Below 10497 vital supports is 10481.Crucial support of the day is 10452.95. Closing below 10422 another round of Panic will be start.

From first half of session a bounce back of 60 to 68 points is possible. And from days low a small rally of 150 points is quite possible. But every up move is good opportunity to accumulate fresh short positions.

Today’s Overview:

Overall down, two intraday bounce back is possible,

Nifty Future Trading

Good Morning and Wish You a Happy Trading Session ….

At last two sessions of the previous week Nifty Future run 137 points up ward. After three step of top, Nifty Future touched 10747.95 as day’s high.

Is this starting of rally or just part of a corrective wave? Today’s session will clear it. The pattern of the move which rallied from 10611 to 10747.95 was corrective type.

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

Friday Foreign Institutional Investors have bought 3651.38 Cr. and sold 4468.78 Cr. net trades were -817.04 Cr.

And Domestic Institutional Investors have bought 3045.72 Cr. and sell of 2803.16 Cr. net trade values +242.56 Cr,

India VIX Snapshot

India VIX made high 19.6275 and low 15.9825 on Friday.

Advance and decline ratio of the Nifty was 33:17;

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was 37, 13,125. And most active PUT was 10500, OI was 35, 44,800.

Key Support-Resistance level of Nifty Future

Last hope for Bulls is 10665/10663…..below this???

Intraday support of Nifty Future is 10618, below this next support is 10564.65; closing below 10539 will increase the chance to take support at 10497.

Vital support of Nifty Future for the first part of week is 10497; below this crucial support are 10452.95.

Today’s Overview:

Open below 10665/10663 sharp correction is on card.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session ….

From Couple of days writing Nifty Future is near of its top for the time being, the rally was started from 10030, although my predicted level was 11002, before 28 points at 10974 Nifty Future made the TOP.

A rally of 944 points was very sharp and strong. But I have written earlier this was not a bull move, was a part of BEAR phase.

Now within four sessions Nifty Future meltdown 363 points, move was very slow but steady.

Where the downfall will go, let discus at Support-Resistance paragraph.

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

Yesterday Foreign Institutional Investors have bought 5529.92.16 Cr. and sold 5457.45 Cr. net trades were +72.47 Cr.

And Domestic Institutional Investors have bought 2893.21 Cr. and sell of 3282.99 Cr. net trade values -389.78 Cr,

From last couple of days DIIs are selling.

India VIX Snapshot

India VIX made high 19.5500 and low 15.9100 on yesterday.

Advance and decline ratio of the Nifty is 04:46, clear corrective move.

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 11, 10,820.62 lacks. And most active PUT was 10500, turnover was 7, 88,097.16 lacks.

Key Support-Resistance level of Nifty Future

Vital support of the day is 10594.30, crucial support of the day is 10490----10488---10482.

First resistance of the day may be 10652.65.

Today’s Overview:

From couple of days writing market is overbought. Look what happened. From crucial level a small bounce back is possible.

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session ….

After made high 10868 Nifty Future start to meltdown through the session, end of the session the index made low 10786.75.

Open Interest is decreasing, but volume not supporting the fall, it may be a small corrective wave, near TOP this kind of behavior is quite possible.

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

Yesterday Foreign Institutional Investors have bought 5062.16 Cr. and sold 5419.98 Cr. net trades were -357.82 Cr.

And Domestic Institutional Investors have bought 2303.82 Cr. and sell of 3095.58 Cr. net trade values -791.59 Cr,

Both the institute was on sell side.

India VIX Snapshot

India VIX made high 18.8275 and low 16.6200 on yesterday.

Advance and decline ratio of the Nifty is 10:40

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 6, 36,229.58 lacks. And most active PUT was 10800, turnover was 4, 99,947.57 lacks.

Key Support-Resistance level of Nifty Future

Vital support is 10783.50---10773.65, if Nifty Future open below this levels then may slip to 10646.

Any bounce back above 10886 only.

Today’s Overview:

Yesterday written “A sharp correction is on card” from opening Nifty Future only corrected through the session.

Today from crucial support a bounce back is possible.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

After a negative opening Nifty Future made low at 10871(same as Monday) yesterday. And tried to move up with very slow motion and day’s high was 10929.95.

Don’t accumulate long position now (for mid-term); Nifty Future is near of its TOP.

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

Yesterday Foreign Institutional Investors have bought 5228.96 Cr. and sold 5284.85 Cr. net trades were -55.89 Cr.

And Domestic Institutional Investors have bought 2215.19 Cr. and sell of 2736.57 Cr. net trade values -521.38 Cr,

Both the institute was at sell side.

India VIX Snapshot

India VIX made high 19.6200 and low 16.9050 on yesterday.

Advance and decline ratio of the Nifty is 24:26

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 4, 98,002.04 lacks. And most active PUT was 10800, turnover was 4, 20,361.96 lacks.

Key Support-Resistance level of Nifty Future

No Change of levels, (mentioned yesterday).

Vital resistance of the day is 11002/11005----11010/10011.52, this hurdle is very vital; those are holding long book profit of a major part.

This level may be a turning point (this is not any recommendation).

Now first support of the day is 10868/10864.

Today’s Overview:

A sharp correction is on card.