Good Morning and Wish You a Happy Trading Session ….
Yesterday
after making high 10844, Nifty Future starts to melt down, and make intraday
low at 10758. And reverse sharply. Near end of the session the index made high
10872.75.
Yesterday
Foreign Institutional Investors have bought 3437.43 Cr. and sold 3991.21 Cr.
net trades were – 553.78 Cr.
And Domestic
Institutional Investors have bought 3343.63 Cr. and sell of 2645.66 Cr. net
trade values + 698.17 Cr,
Yesterday
India VIX made high 16.5725 and low 14.7350.
Advance
and decline ratio of the Nifty was 24:26
Most
active CE was 11,000, and OI was 38, 61,150.
Key Support-Resistance level of Nifty Future
Below
10682.75 Nifty Future will start to melt to 10662.50. If NF stays below this
level then another round of Panic selling may start.
Above
10897.85 next vital resistance of the day are 10915.60. Once Nifty Future able
to close above 10955 then may run to higher of 11793 (lifetime time high).
Today’s Overview:
Below 10662 Nifty Future
will become week.