Nifty Current Update

Nifty Update

Today early morning have written about the vital resistance of 11740. Written till Nifty Future is below this level then there will be Bear control.

Just look after crossing 11740, Nifty Future jumped 47 point to 11787.75.

Now What?

Now vital support is 11740, if take bounce back from this level then may touch 11816----11838.

Nifty Future Trading

Nifty n Stocks Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty future has break it’s rhythm to create new highs, Monday (11712.90) – Tuesday (11761.70) – Wednesday (11763.85). and from Wednesday’s day’s high already down by 122 points. From couple of days writing about the correction of 150 points.

 

mobile trading

On last derivative expiry Nifty Future’s fall was one sided. After flat opening Market remain week through the whole session. And that derivative closed on a flat node with negative bias.

Although Foreign Institutional Investors was on buy side, their net trade value was +958.01 Cr. But the Domestic Institutional investors were on sale side, the net traded value was -1598.67 Cr.

Yesterday Indian VIX high was 12.6250 higher than Wednesday’s high (12.4350) and very close of weekly average 12.9025.

 

group work

 Today’s Overview:

At present scenario it is clear that selling pressure will be continue, visa-vis the trend of negative bias will be continue. Today at first half a bounce back is quite possible on the basis of yesterday’s low (11642), but bear will be active at the higher level. Traders should be cautious at buy side. 

Nifty Future is going to day

Now the question arises what about today?

Till Nifty Future is below 11740 then overall picture is week. Today it is quite possible Nifty Future will open above 11691, (September Expiry closing was 11733.15,).

This is the reason of 1^st half’s recoveries. Therefore after crossing 11721 Nifty future will face 11731 as a tough hurdle.

On the down side below 11593 vital support will be 11582, yesterday written about the support of 11642. Nifty Future exactly made low 11642 and reverse to 11685…..

 

exact support

Nifty Future 11642

11642

Today at early morning updated about the support OR last hope of BULL is 11642.

 End of the session Nifty future made low 11642 and reverse.

Only We Can Do

 At 09:35 am: updated our Clients to

“Buy NF @11660 SL 11658.95 Target ####”

At 10:02 am Nifty Future made low 11660…..

And reverse…..

Now made high 11690.97

This is the accuracy.

Time Factor: 10:02 am to 09:35 am  = 27 minutes

Price factor: Told to Buy @11660, NF made low 11660 and reverse.

Risk just 1.05

This is open posting, every one is watching, if you want to see the sms Screen shoot please mails me at : nima.finc@gmail.com

Nifty Trading Today

Nifty n Stocks Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday also Nifty has performed its’ duty to make new fresh high at 11763.85.After flat opening at 11751 NF made low 11732 and suddenly bounce back to form a new high 11763.85 and start to correct. At last trade of the session Nifty Future correct to (3:17 pm) 11693.

Analyst

As Open Interest was decreasing continuously, first day of the week was 29527350 contracts, and on yesterday it was 16203375, although this is very common just before the derivative expiry.

Yesterday Foreign Institutional investors were at sell side, their total sell value is -1415.87 Cr. And Domestic Institutional Investors have tried to balance the position by huge buying. The buy value was 1114.36 Cr.

Low of India VIX was 9.4300 and 9.5150 on Friday and Monday respectively. On Wednesday it increased to 10.7250, you have noticed how volatility was increased and a intraday correction was took place.  

 

at Office

Today’s Overview:

After analyzing the present situation it can be predicted that from a certain level Market can re-bounce towards new high. But a correction of approx. 150 points can’t be ruled out.

Nifty Future is going to day

First resistance of the day is 11748.40--11749.50, if Nifty Future able to trading today 11756.65 then sudden buy volume will be the provider of acceleration to cross 11766.77. Single closing above the level Nifty Future will run to touch 11913 at next week.

Crucial support zone is 11684.25---11683.40, Nifty Future may halt there, if so happen then a bounce back is quite possible. Last hope for Bull is 11642.

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On 28^th August written 1^st resistance is 11766.77, Nifty Future made high 11761.70 and melt to 11715, and also written on 29^th August about the same resistance. Nifty Future made high 11763.85 and break 71 points sharply.

Nifty Future Tips

Nifty Trade yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

At the second day of expiry week Nifty Future continue the trend of making new high. After making high at 11761.70 Nifty Future sleep 11715. But at the end of the session sudden volume act as provider of strength to come back Nifty Future again at 11761.

Analysis of Market

Strike price of most active call was 11800, Open interest generate was 26, 53,575 and most active Put was 11700, OI was 34, 61,400. This data suggest a range bound move between11800 to 11700.

After making the base at 9.4300 and 9.5150 respectively at Tuesday India VIX jump to 12.6000 and the base was 10.3775. All of this indicating volatility going to be increases.

 Yesterday both institutions were on sell side.FII net trade value was -161.05 and so as DII -199.28. Both data suggest Nifty Future is near its Top,

Today’s Overview:

After analyzing the three key factors it is clear that a small correction is overdue. And this will be a healthy correction. Investors should start some profit booking. A correction around 150 points is quite possible. Today’s trade will be some stock specific.

Group Disc.

 Nifty Future is going to day

Very vital resistance of the day is 11766.77. If volume generates at large scale then Nifty future may touch 11784. Tough hurdle to cross is 11818.

Nifty future may test support level at 11722, if break the mentioned level then Nifty Future may melt down to 11692. Crucial support of the week (before expiry) is 11666---------11617/11615.

Holding Positions:

Our Clients are holding Nifty Future long position from 11682, (tips given at 01:39 pm, 27 August). Yesterday's high was 11761.

Intraday traders book profit at 11707 on Monday.

Share Market Tips

Nifty Trade yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

At the first day of expiry week Nifty Future continue the trend of making new high. Yesterday’s high was significant because after making fresh high 11712.90 it close at fresh high price 11705.35.start from the base 9960 Nifty future already run 17.57% to 11712.90.

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Indian VIX

On Friday low of India VIX was 9.4300, from Friday’s low 11541 Nifty Future jump higher 1.48947% to 11712.90 but VIX low was 9.5150, upper range from Friday’s low.

This is indicating Nifty is near of a Top of a mild correction is over-due.

FII and DII activities on NSE

 Yesterday Foreign Institutional Investor’s net trade value was 252.52 Cr. And Domestic Institutional Investor’s net trade was 1117.24 Cr. And at last two trading session DII’s net bought 2021.99 Cr. This is a key factor of increase of Nifty 1.4894% jump from Friday’s low to Monday’s high.

Most active Call and Puts.

At last trading session on Call side maximum open interest was generate was at the strike 11700 (28, 05,450). On the other hand most contract created on 11500 price (38, 54,750).

Today’s Overview:

After analyzing the three key factors it is clear that a mild correction is overdue. And this will be a healthy correction. Investors should start some profit booking a correction around 150 points is quite possible.

 

group work

Nifty Future is going to day

Very vital resistance of the day is 11766.77. above this Nifty Future may face tough hurdle at 11786-11789.and NF should make it’s high with in first hour of the session.

Nifty future may test support level at 11731/11727, below this 11706 it a vital support. Crucial support of the week (before expiry) is 11617/11615.

Yesterday’s Trade:

Yesterday at 01:39 pm we delivered the Call “Buy NF @11682 SL 11679 (just 3 points) Intraday target 11707 Positional Target #####”

Nifty Future Graph

Time Factor: 01:39 pm to 02:03 pm, 22 minutes to got the initiate the call.

Price Factor: Told to Buy @11682, NF made low 11681.68 and reverse.

Risk::Reward: SL was 3 points intraday Target was 25 points. 3::25=1::8.333

Nifty Trading Tips

Nifty Trade yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty future (Market also) continuing to form new highs from last few weeks. Maximum credit of previous week’s rally goes to two big player Reliance Industries and L&T.

predicting

Reliance increased 5.98% from 1207.65 to 1279.95 and L&T hike 10.75% from 1231.45 to 1363.90.

On Friday low of India VIX was 9.4300, far low from previous week’s average 13.2825. it is suggesting a strong up move, this week is of derivative expiry week, and naturally volatility will increase repeatedly. Let see what happen.

At last trading day of previous week most active Call option was 11600 and OI (open interest) generate was 39, 24,425 contracts. And most active Put was 11500 strike, OI was 40, 16,850 contracts.

Difference between OI of the two contracts was approx nil. And range is of 100 points. that means market participants are confuse. This is the chance of increase volatility.

Third and fourth session of last week FII and DII were on buy side. But at last trading session Foreign Institutional Investors was on sale side, net trade value was -75.78 Cr. And Domestic Institutional Investors bought huge, the amount was 904.75 Cr.

Investors

Nifty Future is going to day

Vital resistance of the day is 11602, If Nifty future open above this and cross 11622 then next resistance will be 11642. Single closing above 11684 quite chance to show 11830//11832 within this week.

If Nifty Future open around 11602 and fail to cross the level then next vital support is 11533---11531.85. Will Nifty Future reverse from this level?

Or will try to break 11512? In that case 11498 and 11469 will be the crucial supports of the week.

Nifty Future Today

Nifty Trade yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty Future’s open was gap-up with forming a new life time high 116622. But fail to stay at green, it melt down to 11553 and reverse to 11604.90 again.

correction

Tuesday range of India VIX was 13.6350 – 9.9275, yesterday’s band was 13.1175 - 9.5300. No change of bands, just look at the two days’ Nifty Future move also, almost same.

Tuesday Nifty Future starts to melt down from 11590 to 11558 and reverse to 11592 again. Yesterday move was same as “V”, made high 11622 down to 11553 and reverse to 11604.90.

Yesterday Foreign Institutional Investors’ net trade (Buy value – Sell value) value was +433.21 Crores. And Domestic Institutional Investor’s net trade value 142 Crose. Both institutions are buying from last two days.

On last trading session most active Call strike price was same as Tuesday 11600, and Open Interest built was 35, 32,125 contracts, and Put strike was 11500. Open Interest was 45, 85,650 contracts, was followed by strike 11400, OI was 41, 99,775 contracts.

That’s clearly indicating market participants’ view is range bound between 11600 to 11400.

The term “Accuracy”

Mid day update

Yesterday updated about the resistance 11603 to 11605.90 at all social media……look what was the result…..”Nothing to Hide”

Nifty Future is going to day

Already written yesterday Nifty Future is looking slight overbought. And a correction of 130+ points is overdue. After hitting high of 11622 it melts down to 11553.

Now what?

Vital resistance of the day is 11615, If Nifty future open above this and cross 11622 then next resistance will be 11642.

But it is quite possible to trade below 11615 or below 11604.90. Then vital support is 11502, and crucial support is 11481. Then what?

There is any possibility to bounce back from any support level? Let see…

Logo

Stock Pick of the Month

Try to collect your memory, on 7 August, 2018 written about the Reliance Industries. Also written this is one of my favorite stocks. On 6^th August Reliance made high 1196, and I have updated to accumulate it.

Look what happened. Yesterday Reliance made fresh 52 week high of 1274 on NSE. On BSE it made high 1273.55. Free Float Market Capitalization (Crs.) 4, 46,087.36 and 4, 26,486...44 on NSE and BSE respectively.

As all of you know Reliance Industries Ltd. Is the 2^nd largest           WEIGHTAGE holder (9.34%) of Nifty 50, this is the one of the reasons Nifty Future turned green from red at the end of the session.

Nothing To Hide

Yes, Nothing To Hide,

 

nothing to hide

At 10:37 am updated our Clients vital support is 11551.

At 10:45 am Nifty Future made low 11553 and reverse….

AND….

Updated next vital resistance is 11603…..11605.93…..

And also updated at all our Social media handle….

Facebook, G+, Twitter, Linkedin….Etc….

And you have also see the banner at 12:22 pm…..

correctly predicted

What happened at 02:35 pm?

Nifty Future made high 11604.90 and sharply down to 11582.11…

Again reverse upto 11604.48 and melt down to 11589……

Just Think!....no don’t’ think about our work…..just think about the accuracy…..

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.