Good Morning and Wish You a Happy Trading Session ….
Yesterday written
from day’s high a mild correction is possible. After making day’s high at 10954
Nifty Future correct to 10880.
Overall trend
was negative, but from day’s low 10880 the index rallied up to 10942.50.
Yesterday
Foreign Institutional Investors have bought 5308.21 Cr. and sold 5386.74 Cr.
net trades were – 78.53 Cr.
And Domestic
Institutional Investors have bought 3342.42 Cr. and sell of 3426.57 Cr. net
trade values – 84.15 Cr,
Yesterday INDIA VIX made high 18.4725 and low
15.5100
Advance
and decline ratio of the Nifty was 20:30
Most
active CE was 11,000, and OI was 33, 75,000. And active PUT strike was 10800,
OI 31, 85,025.
Key Support-Resistance level of Nifty Future
Vital support of the day is 10833. Below the
mentioned level Nifty Future may take crucial support at 10819.75----10815.85.
Deadline of Bull move is 10720.
Vital resistance of the day is10953.15
Today’s Overview:
If able to sustain above
the first support, then Nifty Future may take a bounce back.