Good Morning and Wish You a Happy Trading Session ….
On Friday discussed
about the range, but Nifty Future failed to break out the range. And from 10898
the index made low 10772.55 and reverse.
Any kind of
break out of the range may decide the next direction of Nifty Future.
On Friday
Foreign Institutional Investors have bought 3195.08 Cr. and sold 3882.28 Cr.
net trades were – 687.2 Cr.
And Domestic
Institutional Investors have bought 3810.21 Cr. and sell of 3687.04 Cr. net
trade values + 123.17 Cr,
On Friday
India VIX made high 15.8300 and low 14.3625.
Advance
and decline ratio of the Nifty was 16:34
Most
active CE was 11,000, and OI was 46, 92,150. And active PUT strike was 10700,
OI 33, 91,750
Key Support-Resistance level of Nifty Future
Vital
support of the day is 10782.65. if break 10772.55 then Nifty Future may melt
down and take next support at 10704.20….10700.85.
Vital resistance
of the day is 10908.
Today’s Overview:
If take support at first
mentioned level, then may run upward.