Nifty Tips Intraday

Nifty Future Past Trade

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday within few minutes of opening (09:38 am Nifty Future made day’s first low at 10232. From there take a bounce back of 185 points. But Nifty Future failed to stay at day’s first top 10417.

Relief rally

After that Nifty Future made day’s last bottom at 10212, and after that it a was relief rally (intraday) of 205 points and made final high of the day at 10417.95

After that two sharp rally (intraday) question arise, is Nifty Future bottomed for the time being or this is a part of relief for Bulls.

Or, Nifty Future is going to give chance to Bear for a good short level?

FII/FPI & DII trading activity on NSE, BSE and MSEI

Although sell value of Foreign Institutional Investors was greater then buy value by -1805.07 Cr. but FIIs have decreased their selling trade then last 3 trading days.

From 01 October FIIs have net sold -13027.45 Cr. this is an alarming issue.

As usual Domestic Institutional Investors have net bought +1973.97 Cr.

India VIX Snapshot

Yesterday India VIX jumped to 21.765, it is increasing continually. The index is at 90.55% of its 52 week high (24.0350). After two intraday pull back index is increasing.

 

Rally

Today if cross 22.97 then another round of correction is waiting. If fail to cross 18.50 and start to go down then rally may continue.

OI at Option Trading

Strike price of most active CALL was 10800, and contact added 28, 81,350. But most active PUT was 10000, and the open interest was 39, 36,600

Just look at the range, upper circuit is 10800 and the lower is 10000. This is too much abnormal or indicating very high range of volatility.

Key Support-Resistance level of Nifty Future

Above 10497 Nifty Future may face tough hurdle at 10514/10517.

Yesterday written about the vital support 10218, Nifty Future made low 10212 and reverse.

Today vital support of the day is 10340/10338. Single closing below 10212 Nifty Future may melt down to 10028.

 

Overview

Today’s Overview:

Below 11090 Nifty Future is overall week, single closing above 10517 may indicate fresh rally.

Nifty Trading Tips

Market Melting - Nifty Future Melting

                                                         

Good Morning and Wish You a Happy Trading Session ….

After a relief rally of (233 points) from 10857 to 11090 on 01 October Nifty Future started to meltdown sharply. On 05 October Nifty Future fall was very destructive.

Relief Rally 

The surprised move on rates of Monetary Policy Committee of Reserve Bank of India, consistence fall in INR was the provider of cause/strength of Friday’s down move.

Fall of 12.73% (1501 points fall) within 24 trading days clearly indicating Market already stepped into a BEAR phase.

If Nifty Future anyhow closes below 9960 then the correction will turn to the black picture of 2008 – the great recession.

FII/FPI & DII trading activity on NSE, BSE and MSEI

On 5^th October Foreign Institutional Investors have sold 8238.01 Cr. against buy of 4867.87 Cr. And net trade value was -3370.14 Cr. From 01 October FIIs have net sold -11222.38 Cr. this is an alarming issue.

Although net trade value of Domestic Institutional Investors is 1902.07 Cr. but this buy failed to resist the fall.

Meltdown

India VIX Snapshot

At Friday’s session India VIX jumped to 20.4825, it is increasing continually. The index is at 85.12% of its 52 week high (24.0350). It is clearly indicating a bear phase.

OI at Option Trading

Most active CE of 5^th October was 11000, the total contracts added 44, 98,275. This is indicating a relief rally may pull the market for the time being.

And most active PUT strike was 10500 and open interest add 36, 09,975.

Key Support-Resistance level of Nifty Future

Below 10270 next crucial supports are 10218. At this fall Nifty Future may melt down to 10028.

Before taking support at lower band a bounce back of 100 to 110 points not is ruled out. Vital resistance of the day is 10376.

 

O-V

Today’s Overview:

From any support level a small bounce back is on card. But don’t jump for long term view. Any bounce back of 100-110 points is good opportunity for going short.

Nifty Future Trading

Market Melting - Nifty Future Melting

                                                         

Good Morning and Wish You a Happy Trading Session ….

Every Index, equity is melting except India VIX. Nifty Future already melted 1200 points from life time high 11793. Fall of 10.18% within 23 trading sessions is the point where investors should be captious.

Melting

If Nifty Future anyhow closes below 10308 then the correction will turn to the black picture of 2008 – the great recession.

The main cause which motivate the market move:

FII/FPI & DII trading activity on NSE, BSE and MSEI

India VIX Snapshot

OI at Option Trading

FII/FPI & DII trading activity on NSE, BSE and MSEI

Yesterday Foreign Institutional Investors have sold 8148.12 Cr. and net trade value was -2760.63 Cr. From 01 October FIIs have net sold -7852.24 Cr. this is an alarming issue.

Although net trade value of Domestic Institutional Investors is 1823.59 Cr. but this buy failed to resist the fall.

India VIX Snapshot

Yesterday written: “Once this index crosses 19.1000 levels then Nifty Future will correct dramatically”

Yesterday India VIX made high 19.68 and markets melt like a piece of Ice under the sun.

OI at Option Trading

Most active PUT strike was 10500. And the contact added 44, 45,175.

Key Support-Resistance level of Nifty Future

Today below 10585 Nifty Future may take support at 10472—10460. From any support level Nifty future make a bounce back, but it will be a part of correction.

Nifty Future may face first resistance at 10699, above 10789 tough huddle is 10818---10875.

 

Overview

Today’s Overview:

At any reverse don’t jump to buy at long term view.

Nifty Tips Today

Nifty Future at past Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After opening yesterday total move was down side. A small reverse from 10931 to 11025 was just a part of a corrective move. From 11090 Nifty Future corrected 1.89% to 10880 yesterday.

searching levels

Present pattern showing that it is quite possible Nifty Future may break recent low 10857. If it happened then more bloody correction is waiting for investors.

The main cause which motivate the market move:

FII/FPI & DII trading activity on NSE, BSE and MSEI

India VIX Snapshot

OI at Option Trading

FII/FPI & DII trading activity on NSE, BSE and MSEI

Yesterday Foreign Institutional Investors have taken the role of seller. Net trade value was -1550.04 Cr. although on Monday they have also sold -1841.63 Cr.

On the other hand buy value of Domestic Institutional investor was 4785.31 Cr higher then sell value by +1402.47 Cr.

India VIX Snapshot

Yesterday’s high of volatility index was 18.64, near of Monday’s high 18.8625. Once this index crosses 19.1000 levels then Nifty Future will correct dramatically.

Any correction of India VIX below 15.1100 will indicated the change of up move.

OI at Option Trading

Most active call on Monday was 11200, open interest add 28, 30,200 contracts. From Friday to Wednesday strike price 10200 (CE0 is most active.

And most active put was 10800.

 

Bear Contral

Key Support-Resistance level of Nifty Future

Yesterday written about the support 10884, Nifty Future made low 10880. Today if Nifty Future breaks the strong support 10861 then will touch 10844 within couple of minutes.

Below 10834.65---10825 just wait to watch 10754/10751.

Vital resistance of the day is 10927.65----10931---10937.

 

Overview

Today’s Overview:

Below 10853 PANIC may meltdown Nifty Future sharply to lower level. If Nifty Future   takes support above 10861 and reverse then short covering will pull the Market above 11090.

Nifty Future Today

Nifty Future at past Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Monday written: “although this down linehas started from 11793, it seems Nifty Future has come to near of its bottom.(but don’t’ jump to buy now).”

Just look what happened, Nifty Future made low 10857 (writing about 10861 from last few days’) and reverse 233 points, and make day’s high 11090.

Today it is going to be clear whether it was a bounce back or part of the correction move (!). if it was a starting of bounce back then after a intraday correction Nifty Future will form day’s high up then previous high (11090).

Or if it was a part of correction, then we Nifty Future will break recent low to form new lower support level.

10861

FII/FPI & DII trading activity on NSE, BSE and MSEI

On Monday buy value of Foreign Institutional Investors was 5687.74 Cr. lower then sell value by -1841.63 Cr. It seems FII were at the sell side. Although the advance-decline ratio of Nifty 50 was 34:16.

On the other hand buy value of Domestic Institutional investor was 4948.82 Cr higher then sell value by +1804.94 Cr.

India VIX

India VIX Snapshot

At past trading session after making a border line high 18.8625 India VIX made day’s low at 16.27. Today if volatility index make low around 15.1100 or break it then a sharp bounce back is quite possible.

Above 18.8625 it may run to form new low.

OI at Option Trading

Most active call on Monday was 11200, open interest add 22, 52,625 contracts. At last Friday this strike was most active, and Nifty Future made high 11090.

And most active put was 10800, contracts add was 31, 92,900.

Key Support-Resistance level of Nifty Future

Today below 11037/11034 Nifty Future will start to melt down, if stay below this level minimum fifteen minutes then may melt to 10946.35.

Below 10911 will take a small bit of time to touch 10884.closing below 10853-10840 Nifty Future may correct to 10751—10738.

Above Monday’s high (11090) next vital resistance is 11206.

 

Overview

Today’s Overview:

Nifty Future may take an intraday correction at beginning of the session. If take a strong support at any of mention support level and start to take a bounce back then may cross 11090.

Nifty Future Tips

Nifty at Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Nifty Future is going towards down with steady and zigzag move, although this down line have started from 11793, it seems Nifty Future has come to near of its bottom. (but don’t’ jump to buy now).

Oversold

Last trading day of September and 1^st trading day of October expiry, opening was with positive nod, after making day’s high 11099 Nifty Future failed to sustained at upside.  And melt down to 10892 at day’s low.

The main factors which decide the market moves:

FII/FPI & DII trading activity on NSE, BSE and MSEI

India VIX Snapshot

OI at option Trading

FII/FPI & DII trading activity on NSE, BSE and MSEI

At last Thursday FIIs have bought around 552.44 Cr. but on Friday they have sell a lot, and net trade volume was -1699.94 Cr.

On the other hand Domestic Institutional Investors bought huge. They have bought 3256.34 Cr. it seems DIIs are expecting reverse of falling market.

India VIX Snapshot

At Friday high of India VIX was 17.6925. Market fall is continue but VIX is not crossing its recent high 18.3100 (25.09.2018). That means is going into the circle is entering into oversold zone.

OI at Option Trading

Most active call on Friday was 11200, open interest add 24, 34,800 contracts.

And most active put was 10800, contracts add was 28, 29,375.

 

Group work

Key Support-Resistance level of Nifty Future

Above 10997 Nifty Future may run to touch 11017, tough resistance of the day is 11048.

If Nifty Future starts to melt below 10861 then wait for a sharp small timed correction. Closing below 10853—10840 Nifty Future may correct to 10751---10738.

Today’s Overview:

Overview is same as like last few days. After a long term correcting when it seems that market is oversold then a conflict, an irritation does work in the mind of investors. It is natural, the fear, fear of losses change act strongly.

Nifty Future today

Nifty at Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday Nifty Future move to down slowly and steadily. Two attempt towards up was just part of corrective move.

predicting the market

At yesterday’s post I have written:

“From 25 September’s low 10909 to yesterday’s high 11149 the moving pattern is not too much hopeful for Investors. Quite possible of furthercorrection may take place to drag Nifty Future below 10909.”

And what happened? After making high at 11088 slowly Nifty Future has melt down to 10944.

Writing again:

According to behavioral finance trader will jump to buy and will be trapped at higher level. Till yesterday’s closing there is no sign of bounce back. Don’t mixed with bounce back and recover.

FII/FPI & DII trading activity on NSE, BSE and MSEI

Yesterday buy value of  Foreign Institutional Investors was 8870.72 Cr and sell value was 8318.25 Cr, they have bought around 552.44 Cr, opposite of their last three trading day’s strategy.

On the other hand Domestic Institutional Investors bought 6559.62 Cr. and sell 6746.31 Cr...They were on sell side.

don't rush to invest 

Key Support-Resistance level of Nifty Future

Above 11025 nifty Future may run to touch 11050, tough resistance of the day is 11089.

If Nifty Future starts to melt below 10911/10906 then wait for 10886/10881….

Crucial support is 10861.

Today’s Overview:

Overview is same as like as  last two days. After a long term correcting when it seems that market is oversold then a conflict, an irritation does work in the mind of investors. It is natural, the fear, fear of losses change act strongly.

Nifty Live Price

Nifty at Yesterday’s Session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After continuous correction Nifty Future has given some oxygen to Bulls buy a part recovery, although total move was zigzag. After making intraday high 11149 Nifty Future correct intraday at 11001. From there Nifty Future start to move up.

live-price

From 25 September’s low 10909 to yesterday’s high 11149 the moving pattern is not too much hopeful for Investors. Quite possible of further correction may take place to drag Nifty Future below 10909.

According to behavioral finance trader will jump to buy and will be trapped at higher level. Till yesterday’s closing there is no sign of bounce back. Don’t mixed with bounce back and recover.

FII/FPI & DII trading activity on NSE, BSE and MSEI

Trading strategy of FIIs and DIIs is same from last three days. Foreign Institutional Investors were on sell side and, yesterday their net trade value was -809.95 Cr.

At opposite side Domestic Institutional Investors were on buy side. They have bought (net trade) was 1555.44 Cr.

VIX

India VIX Snapshot

India volatility index is now cool on the basis of its some day’s high movement. But any time it may be aggressive to be the provider of strength to fall the market.

Key Support-Resistance level of Nifty Future

Above 11177 Nifty Future will run to touch 11196/99 level within few minutes.  And 11213/11214/11215 zone will act as tough hurdle. May be we can see this level on October expiry.

Below 10888/10884 crucial support is 10861.

Prediction

Today’s Overview:

After a long term correcting when it seems that market is oversold then a conflict, an irritation does work in the mind of investors. It is natural, the fear, fear of losses change act strongly.