5 key points of Nifty Future Trend Reversal

Nifty Future Trade

                                                         

Good Morning and Wish You a Happy Trading Session ….

On Tuesday within 2 minutes of its’ opening Nifty future made a new high 11590 but fail to stay at Green, and continued as Red till 11558,   and almost end of the session made new life-time high 11592.

 

key points trade reversal

5 key points you should know before opening for profitable intraday trade:

1^st is Resistance of Nifty future

From last couple of days writing every day about new life time high, most probably today will not be an exception. First we have to look on 11598, may be Nifty Future open above 11611/11618. If happened then will touch 11642 within an hour.

Very vital resistances are 11728.54/11731.

2^nd is Support of Nifty future

Vital support of the day is 11609/11606, if Nifty Future touch one of this levels and able to stay above then it quite possible of sharp bounces back.

3^rd is Indian VIX

Write at every post how Indian VIX help to conclude the changing reversal. Told earlier increase of volatility means conflict between decision-between bulls and bears.

Monday’s high was 13.5500 and from there made low 11.3450, and of next session was 13.6350 to low 9.9275, decreasing lower band. That’s means low of volatility. And high chances to from a new high, BUT after that?

4^th is FII and DII Trade

Foreign Institutional Investors’ net trade (Buy value – Sell value) value was +254.25 Crores. And Domestic Institutional Investor’s net trade value 197.87 Crose on Tuesday’s session.

After a long time it is being to watch both the institution’s trade was at same direction. That is a good sign for Bulls.

 

mobile trading

5^th is Call – Put Option Open Interest

At last trading session maximum Call Option open interest was general on strike price 11600, and it was 34, 14000 contracts.

And maximum Put Option open interest was generated on 11400, and the contracts were 43, 50525.that data clearly meaning of a trading range 11600 to 11400 range.

Conclusion:

All above data is showing market is in a stable condition. And in favor of Bulls, but when everything is going good then there is something is to be wrong. Apart from all of this it is showing market is little overbought condition.

From the experiences of writing 1849 Blog post it is quite common to predict that from any resistance correction of 130+ points not be rules out.

Nifty Future Trading Tips

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty Future AGAIN touched a new life-time high today. the rally was led by several clauses, and was led by Metal-Banking-Financial sectors, Global Strong cues and some recovery of INR.

Ups n down

From last few posts writing about the Indian VIX, whenever VIX will increase that means volatility will be increased and correction at market will be stronger.

Just look on Friday VIX was 13.160, yesterday’s high was 13.5500 and from that level it made low 11.3450, what was the effect of it ? Nifty Future jump 11585 from 11510.

Intraday Trade of Nifty Future

Although maximum market motivated reasons in favors of BULLs, but Foreign Institutional Investors was one side seller, there net trade value is -483.04 Crores now question arise then why the effect was not seen?

The reason is Domestic Institutional Investors, they have bought 593.22 Crores.

The present rally of Nifty Future was started from 10556.95, yesterday’s high was 11585, a jump of 9.738%, at that point it seems slightly overbought, and some small correction can’t be ruled out.

 

mixed move

But as I written yesterday, before forming its’ TOP Nifty future will take more 2 corrections of 130+ points.

What to be today?

Now Nifty Future is running to break the previous and to make new high, this is the very crucial point where maximum retail investors get trapped. Don’t jump and buy at any level.

Just wait for a good bottom to buy. Today Nifty future may touch 11620, if cross the level with volume then may touch 11662.77, but very tough(!) hurdle is 11705 today.

Nifty Future Intraday Trading

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….


Behind of Friday’s sharp bounce back of Nifty Future there is several reasons, one of them is HDFC Bank Ltd increased by 1.29% from previous day’s low and Reliance Industries Ltd. Increased by 1.66% from previous days’ low, as this two stocks are the most WEIGHTAGE holder of Nifty 50 (9.43% and 9.34% respectively).

Up moving

Intraday Trade of Nifty Future

On 9^th August’2018 Nifty Future made high 11504.20, after two days correction it made low 11354, from there start a recover move, on Friday made high 11507.45, a new lifetime high.

 Buy value of Foreign Institutional Investors was greater then Sell value by 147.31 Crore, you can  treat it as a sign of up move.

Because for last four days FIIs was at only sell side, and the total sell value was 2686.44 Crore in this days, same as Domestic Institutional Investors. Buy value was > then Sell value by 151.89 Crore.

What to be today?

Nifty Future may open with a positive note, and may face resistance around 11518 or 11528, from any point may take a 20 to 25 points of correction, don’t’ panic overall,

Team work

After that vital resistances are 11548 and 11560, (not 11548 to 11560), From day’s high correction of average 130+ points not be overruled. This is completely intraday scenario.

To form overall TOP for the time beings Nifty Future will take total 2 more corrections of about 130+ points. This is not the time to go for positional short. Wait for exact top.

Nifty Future Intraday Buy Sell 17th August

Nifty Yesterday’s activity

Yesterday Nifty Future tried to recover after negative opening; it made high 11460 and fails to sustain the move. And after that Nifty Future melt down 83 points sharply.

 

Nifty Future

On Thursday Indian VIX is increased significantly, writing from last couple of days that increased at VIX is making strong the possibilities of down fall. Look at the chart below how VIX is increasing. 

Indian VIX

FII’s net trade is -825.08 Crores, where DII have bought 133.78 Cr. Foreign Intuitional Investors are selling continuously, last four days total sell is 2686.44 Crores. Is this a clear signal of PANIC sell?

Vital Support Resistance on Friday’s Trade

Discussed earlier how VIX is increasing; there is possibility of down move, from 13^th Augusts’ low 11372 to 14^th Augusts’ high 11478 to yesterday’s low 11377 showing that a small bounce back is quite possible,

And the bounce back may be above 11478, yesterday written about the support level 11372, told last hope for Bulls’ Nifty Future made low 11377. Now what?

 

Group Works

Day’s vital resistance is 11439/43 above this Nifty Future may face next hurdle at 11479, if face hurdle at 1^st resistance then may come down to form day’s support at 11391/11388.

Tough hurdle of the day is 11497, although this is very near of Nifty Future’s life time high 11504.but may start down journey from that point.

If Nifty Future break 11372 then may take next support at 11320/11318, below this 11268 may act strong support?

Nifty Future Intraday trading

Nifty Stocks done on Tuesday

                                                         

On Tuesday Nifty open with a positive node, visa-vise Nifty Future do same, after opening it run to touch 11436, but fail to stay -  after few points correction come down to 11408, and sharply bounce back to form days’ high 11478.

bulls-bears

Tuesday written about India VIX, elaborated how market fall is related with this Index. Friday’s average was 12.6775, Monday it increased to 13.3750 and down fall in the market go stronger, at last trading session high was 13.4200.

On last trading session FII net trade value -378.84 Cr., on Monday it was -971.86 Cr. And DII net trade value +391.47 Cr. At last three trading sessions FII off loaded 1861.36 Cr.

Indian Rupee hit 70 to the USD first time on Tuesday, experts says the main reason of tension at Turkish Lira after the United States imposed tariffs on import duty on Steel and Aluminum.                    

currency chart

Is this the only reason? Look at the chart below, from 2014 to 2015 decreased the value at ratio 1.051%, 2015 to 2016 at the ratio 1.0476199% and 2017 to 2018 Aug by 1.0752348%.

      

last five years exchange rate

This is clearly indicating the continuous decreasing tendency, one sudden incident never take the whole responsibility.

 Trading Tips Intraday Nifty Future

Now what is going today?

From two days continue correction (10.08.208 to 13.08.2018) market bounce back on Tuesday. It gives some relief to the traders who are in long side. But already written about the 11490, below this level Nifty Future is overall week.

Today will keep eye on 11414/11413, if Nifty Future break it then huge volume will be generate to the down side. Last hope for bull is 11372.

Below 11318 next crucial support is 11268.75….

On the other hand if able to stay above 11414/11413 and cross 11478 (Tuesday’s high) then may face next resistance 11509.

 To download the app of “A1 nifty tips” please click the app for the step guide

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History of Indian Independence and Stock Market

72^nd Independence Day and 143 Years of Stock Market History

INDIA has walked 71 years of its Independence from 69450 days (Approx. 190.27 years, from 23^rd June Thursday 1757 to 15^th August Friday 1947) British rule.

Today’s story is not based on Shining India; we have to go 143 years back. Yes, 1875 AD, native India already past 118 years of British rule.

banyan tree trading

BSE – Seed of Indian Stock Market Journey

The then Viceroy of India was The Lord Northbrook. Then price of Silver was 56 ¾ pence per troy ounce and Rupee exchange rate was 21 ¾ (in pence). Indian population was 256 million.

One native Indian out of 256 million, Premchand Roychand thought some exceptional. He is the founder of BSE (formally known as Bombay Stock Exchange Ltd).

He was the most influential businessman of 19^th century Bombay. The man was known as Cotton-King or Big Bull. Now BSE is oldest stock exchange of Asia and ranks 10^th position globally with a market capitalization of over 1.6 trillion.

BSE

On 31^st August 1957, the BSE become the FIRST stock exchange recognize by Government of India under the security and contract regulation act. In 1980, the exchange was move to Jeejeeybhoy Tower, Dalal Street.

The benchmark Index SENSEX was first complied in 1986. Since 1^st September 2003, the 30 share barometer is being calculated on a free float market capitalization methodology.

NSE – The Main Root of Indian Stock Market

The National Stock Exchange (NSE) is the leading stock exchange in India. And the fourth largest in the world by equity trading volume in 2015, according to the World Federation Of Exchange (WFE). It began operation in 1994.

NSE launched electronic screen-based trading in 1994, derivative trading (in the form of FNO) and internet trading at 2000.

NSE

Some steps which NSE has taken to make it up-to-date and more competitive. NSE sings Post – Trade Technology and Strategic Partnership Agreement with NASDAQ.

Announces launch of Tri-Party Repo on Corporate Debt Securities. NSE become the first Indian exchange to be part 30 exempted by Commodity Future Trading Commission (CFTC), enable to access US clients.

Introduce of Cross Currency Derivative contracts on EURO-USD, GBP-USD and USD-JPY.

This year NSE celebrating 25 years of it’s’ journey.

FII – The Golden Path for Indian Stock Market

FII

In the year 1992, the Foreign Institutional Investors were allowed for the first time to invest in Indian equity market directly. Just after the historic economic liberalization, India seemed to be an attractive destination for the foreign investors. 
Since then, Indian stock market, to a large extent, have been fueled by the FII.

Harshad Mehta – Fist Black patch Indian Stock Market

In the early 1990s the men become the biggest stock market operator on the Dalal Street. The scam amount was nearly 5000 crore.

Mehta manipulated market by heavy buying with borrow money which was siphoned from Nationalized Banks. After the scam discovered BSE was close by one month.

SCAM

Byrraju Ramalinga Raju – Big Scammer

Raju resigned from the Satyam board after admitting to falsifying revenues, margings and over ₹ 5,000 crore of cash balance as the company.

The Indian affiliate of PricewaterhouseCoopers, the company’s auditors, appears to have certified the company had USD 1.1 Billion in cash when the real number was USD 78 million.

Double Upper Circuit – Nifty jumped 28% within 2 Sessions

JUMP

On 15^th May Friday’2009, Nifty Future low was 3625. on 18^th May Monday’2009 at 09:45 am Nifty Future opened at increased 10% within 60 second, after one hours of closing NSE open again, then Nifty Future jump by 5% within few second of opening.

According SEBI guideline market was shouting down for the day. On the next day Nifty Future made high 4620, total gain was 995 points in two trading sessions.

Present Day – Sensex, Nifty are making life time high

Life Time High

Sensex made life time high 38076.23, where Nifty 50 made life time high 11495.95 on 8^th August 2018. And Nifty Future made lifetime high at 11504.25 on 9^th August 2018.

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Source:

(i)                   B.E. Dadachanji. History of Indian Currency and Exchange, 3rd enlarged ed.

(ii)                 Bombay Stock Exchange

(iii)                National Stock Exchange

(iv)               The Hindu Achieve

(v)                 The Calcutta Gadget

A1 Nifty Tips: Nifty Stock Nifty Future today

Nifty Future Nifty Stocks

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday written about India VIX, elaborated how market fall is related with this Index. Friday’s average was 12.6775, Monday it increased to 13.3750 and down fall in the market go stronger, today it may touch 14.1445975,

melting

On Monday FII net trade value -971.86 Cr., on Friday it was -510.66 Cr. And DII net trade value +216.29 Cr. At last two trading sessions FII off loaded 1482.52 Cr.

Yesterday’s bad stroke:

Yesterday at 09:21 am we have delivered a text call to our Clients to Buy Nifty Future @11356 stop loses 11354.85 Target 11417.

Risk just 1.15 points and Target 61 points. Although 61 points was not a big target, but it was single target and against risk only 1.15 points.

At 09:47 am Nifty Future made low 11354.05 and reverse straight to 11427.

To see the screen shot of text server please click the picture ….

Failed

Trading Tips Intraday Nifty Future

Now what is going today?

This is clear that correction has been started, from couple of days writing about the correction, already written Market is at over bought condition.

Look at last 3 sessions Nifty Future CORRECT 1.304%, from 11504 to 11354. And it correct sharply, yesterday opening was gapping-down.

The down flow will be continuing now, at bounce back is a god opportunity for go fresh short, till Nifty Future is below 11491. But don’t jump and short, wait for a good resistance; keep in touch with our mentioned levels.

 

correcting

What is going to be with Nifty Future today?

Nifty Future may face 1^st hurdle at 11422, if open above 11372 and able to sustain above the level. If cross 11429 then will run to touch 11490 sharply.

Below 11318.50 vital support of the day is 11268.75, and keep in mind one thing that from any support level a bounce back of 60 points to 75 points is quite natural, don’t BUY at lower level, this tendency is very common among a large number of individual investors.

Any bounce back of 5% to 14% is quite natural when a heavy numerical figure is falling down, a ordinary rubber ball jump 4 to 6 feet when it is fall from 10 feet high, we are talking about Nifty Future, whose average volume is thousand Corer. Yesterday Nifty Future turnover was 8,83,567.30 (lacs).

 To download the app of “A1 nifty tips” please click the app for the step guide

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