Wednesday, January 23, 2019

Nifty Reversal Point


Netaji Subhash Cahndra Bose


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.

question mark

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.

Tuesday, January 22, 2019

Nifty Trade View


stock analysis


Good Morning and Wish You a Happy Trading Session ….

The benchmark Index Nifty and Sensex rallied a significant move at the first session of the week. The rally was encouraged by Reliance Industries yesterday.

From last few days writing about the break out. Yesterday Nifty Future has come to close of the upper zone 11006 (which was made at 19.12.2018).



Yesterday Foreign Institutional Investors have bought 3646.69 Cr. and sold 3946.48 Cr. net trades were – 299.79 Cr.

And Domestic Institutional Investors have bought 3316.66 Cr. and sell of 2795.86 Cr. net trade values + 520.8 Cr,



 Yesterday INDIA VIX made high 18.3400 and low 14.3600

Advance and decline ratio of the Nifty was 17:33


Most active CE was 11,000, and OI was 32, 62,650. And active PUT strike was 10700, OI 36, 34,575.

hurdle

Key Support-Resistance level of Nifty Future

Crucial support range of the day is 10948----10944.85----10941.55, below 10902.85 the possibility of up-movement may become week.
Above 11006.80 Nifty Future will face next resistance at 11050.



Today’s Overview:

From day’s high mild intraday correction is possible.

Monday, January 21, 2019

Nifty Future Trade


range bound market


Good Morning and Wish You a Happy Trading Session ….

At 4th January 2019 Nifty Future made low 10678. For last 11 sessions Nifty Future has been trading between ranges.

Below 10678 or above 10984.80 the index will give a clear direction.



On Friday Foreign Institutional Investors have bought 3458.07 Cr. and sold 3582.98 Cr. net trades were - 124.91 Cr.

And Domestic Institutional Investors have bought 3281.77 Cr. and sell of 3282.74 Cr. net trade values – 0.97 Cr,


analysis the market move


 Yesterday INDIA VIX made high 16.9050 and low 12.3075.

Advance and decline ratio of the Nifty was 16:34


Most active CE was 11,000, and OI was 35, 98,050. And active PUT strike was 10700, OI 37, 45,575.

Key Support-Resistance level of Nifty Future

Vital support is 10862.30, if Nifty Future breaks and close below 10855 then may take next support at 10768.
Bull move will be confirmed above 11021 only.



Today’s Overview:

Break-out of range will decide the next move.

Friday, January 18, 2019

Nifty Trading Today


Bulls and Bears


Good Morning and Wish You a Happy Trading Session ….

Yesterday at overview column I have written from day’s low a bounce back is possible. Nifty Future made low 10855 and from this point reverse straight.

And the index made jump 103 points and made days high at 10958.



Yesterday Foreign Institutional Investors have bought 4295.51 Cr. and sold 3453.38 Cr. net trades were + 842.13 Cr.

And Domestic Institutional Investors have bought 2510.11 Cr. and sell of 3237.57 Cr. net trade values – 727.46 Cr,



 Yesterday INDIA VIX made high 16.4275 and low 12.9925.

Advance and decline ratio of the Nifty was 23:27

up move


Most active CE was 11,000, and OI was 37, 90,275. And active PUT strike was 10800, OI 34, 07,625.

Key Support-Resistance level of Nifty Future

First resistance of the day is 10958.65; If Nifty Future cross 10970.85 then will fly to touch 11006.
If Nifty Future open around 10912 and start to melt down then below yesterdays low (10855) crucial support is 10843.



Today’s Overview:

From day’s low bounce back is possible.

Thursday, January 17, 2019

Nifty Intraday Tips


nifty trade


Good Morning and Wish You a Happy Trading Session ….

Yesterday written from day’s high an intraday correction is quite possible. Nifty Future made high 10963 and starts to correct – made low 10907.



Yesterday Foreign Institutional Investors have bought 3864.31 Cr. and sold 3954.41 Cr. net trades were -90.1 Cr.

And Domestic Institutional Investors have bought 3034.98 Cr. and sell of 2730.71 Cr. net trade values + 304.27 Cr,



 Yesterday INDIA VIX made high 16.3075 and low 12.8000.

Advance and decline ratio of the Nifty was 22:28

group work


Most active CE was 11,000, and OI was 36, 44,550. (Decreasing) And active PUT strike was 10800, OI 34, 93,800.

Key Support-Resistance level of Nifty Future

Crucial support of the day is 10901---10900.70

If Nifty Future close below 10895.80, then correction may continue to 10767.50---10765.60
         
     Vital resistance of the day is 10940.65. Above 10952 the index will run upward.


Today’s Overview:

From day’s low bounce back is possible.

Wednesday, January 16, 2019

Nifty Trading View


hurdles

Good Morning and Wish You a Happy Trading Session ….

 Yesterday after opening at positive note, Nifty Future maintains the up motion. Despite of two very small corrections Nifty Future gained 148 points through the session.

From days high some profit booking is quite possible.



Yesterday Foreign Institutional Investors have bought 4248.73 Cr. and sold 4089.13 Cr. net trades were +159.6 Cr.

And Domestic Institutional Investors have bought 3712.9 Cr. and sell of 3295.46 Cr. net trade values + 417.44 Cr,



 Yesterday INDIA VIX made high 16.1575 and low 12.9925.

Advance and decline ratio of the Nifty was 46:4

support


Most active CE was 11,000, and OI was 40, 54,650. (Decreasing) And active PUT strike was 10700, OI 40, 40,850 (increasing).

Key Support-Resistance level of Nifty Future

Above 10944—10951 zone next resistance is 10970.65---10975.25

Vital support of the day is 10913.


Today’s Overview:

From days high an intraday correction is possible.

Tuesday, January 15, 2019

Nifty Future Live


Nifty Future Mantra


Good Morning and Wish You a Happy Trading Session ….


The main indexes opened with bearish note at first day of the week. Nifty Future opened at 10812.95, after making high 10820 started to melt down.

From day’s high 10820, Nifty Future melts downed by 100 point.  



Yesterday Foreign Institutional Investors have bought 3222.69 Cr. and sold 3955.15 Cr. net trades were – 732.46 Cr.

And Domestic Institutional Investors have bought 3297.15 Cr. and sell of 2769.66 Cr. net trade values + 527.49 Cr,



 Yesterday INDIA VIX made high 16.5525 and low 15.3525.

Advance and decline ratio of the Nifty was 12:38


market is correcting

Most active CE was 11,000, and OI was 49, 22,625. And active PUT strike was 10700, OI 34, 55,400

Key Support-Resistance level of Nifty Future


*     If Nifty Future opens below 10776, then vital support is 10663.

*     If Nifty Future open around 10776 and try to cross it, then first resistance may be 10790.

*     Crucial support of this move is 10602.25



Today’s Overview:

Today’s trend may be down ward.

Monday, January 14, 2019

Nifty Stock Tips


Range bound market

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,

analysis the market



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.

Friday, January 11, 2019

Nifty Future Trend


Range Bound Market

Good Morning and Wish You a Happy Trading Session ….


On 4th January Nifty Future made low 10678, hence Nifty Future trading within a range. Tops are respectively 10898—10904—10898, and bottoms are 10758—10764.95.

Break-out of the range will decide the next move.



Yesterday Foreign Institutional Investors have bought 4018.48 Cr. and sold 4363.06 Cr. net trades were – 344.58 Cr.

And Domestic Institutional Investors have bought 3390.9 Cr. and sell of 3379.92 Cr. net trade values + 10.98 Cr,



Yesterday India VIX made high 15.6075 and low 14.1475.

Advance and decline ratio of the Nifty was 20:30

Analysis


Most active CE was 11,000, and OI was 40, 91,175. And active PUT strike was 10800, OI 26, 18,175

Key Support-Resistance level of Nifty Future


If Nifty Future able to cross 10984.80 (recent high) then will face first resistance at 11024.25.

Above the mentioned hurdle the index will face next resistance at 11144.35.

Vital support of the day is 10766.45—10764.95. If Nifty Future break 10678 then another round of Panic will drag the index below recent low 10536.


Today’s Overview:

Break-out range will decide the next move.

Thursday, January 10, 2019

Nifty Intraday Call


up move


Good Morning and Wish You a Happy Trading Session ….


After making high 10904 at opening Nifty Future start to correct. From days bottom 10764.95 the index tried to reverse and rallied to 10886.



Yesterday Foreign Institutional Investors have bought 4410.43 Cr. and sold 4134.29 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 + 276.14 Cr,

Nifty Future bounce back



Yesterday India VIX made high 16.3225 and low 13.8950.

Advance and decline ratio of the Nifty was 24:26


Most active CE was 11,000, and OI was 38, 14,275.

Key Support-Resistance level of Nifty Future


If Nifty Future able to cross 10984.80 (recent high) then will face first resistance at 11024.25.

Above the mentioned hurdle the index will face next resistance at 11144.35.


Today’s Overview:

Above 11024 rallies will be extended.