Nifty Future Analysis

Good Morning and Wish You a Happy Trading Session ….

After open at green Nifty Future made high 10745 and fail so sustain above the level and fall down to 10693.70, written yesterday from first hour’s top a small intraday correction is quite possible.

Making bottom at 10693.70 Nifty Future run towards high and made intraday new high 10779.

From its up journey from 10030 Nifty Future already rallied 7.47%. Now the question arise is Nifty Future near of the TOP, if so then a sharp bear move is waiting. Coming BEAR move may melt down Nifty Future near 9900 level.

After analysis the wave structure it can be predict this is not time for fresh short position. Keep in touch with our post.

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

Yesterday Foreign Institutional Investors have bought 4750.06 Cr. and sold 3646.70 Cr. net trades were +1103.36 Cr.

Domestic Institutional Investors have sold 3204.85 Cr. Against buy of 2894.59 Cr. net trade values -310.26 Cr,

India VIX Snapshot

India VIX made high 19.6500 and low 13.5150 yesterday.  Low bend of the index supporting the less movement at market.

Advance and decline ratio of the Nifty is 37:13,

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 34, 05,150

But most active PUT was 10500, and Open Interest was 33, 32,925, from couple of day’s lower band of active put 10500, and the open interest is increasing.

Key Support-Resistance level of Nifty Future

Yesterday written about the resistance 10771.95, Nifty future made high 10779. Now above 10782 Nifty future may run to touch 10837.78---10845.

First support of the day is 10716.70---10709.59

Today’s Overview:

Those are holding long be cautious, a sharp correction is on card.

Nifty Future Trade

Good Morning and Wish You a Happy Trading Session ….

After a flat opening Nifty Future made day’s high 10709 at Friday.  After that the index starts to melt down slowly and touch 10636 as bottom of the day. End of session Nifty Future climbed to 10907 again.

From last few sessions volume is decreasing and Open Interest is increasing gradually. As a result Nifty Future is moving zigzag, that is a confused market participant.  

From 14^th November Nifty Future pattern is like a saw cutter; very close tops and bottoms, although this type of market is not suitable for intraday trade.

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

At Friday Foreign Institutional Investors have bought 5637.94 Cr. and sold 4793.12 Cr. net trades were +844.82 Cr. and Thursday’s net trade were + 2043.06 Cr., huge buy after a long time.

Domestic Institutional Investors have sold 4238.31 Cr. Against buy of 3866.07 Cr. net trade values -372.24 Cr,

India VIX Snapshot

India VIX made high 18.8675 and low 16.8975 yesterday.

Advance and decline ratio of the Nifty is 31:19, upmove trade tendency.

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 34, 07,625

But most active PUT was 10500, and Open Interest was 28, 05,975

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10733/10734/10735. Above this level next resistance is   10768.45---10771.95.

First support of the day is 10670.

Next Top may be 10940.25---10963.95…

Today’s Overview:

Movement will be zigzag. From first hour’s high a small intraday correction is possible.

Nifty Future Today

Good Morning and Wish You a Happy Trading Session ….

After a flat opening Nifty Future very slowly touch 10632 and slipped  to 10586, after that made day’s high at 10680 and again fail to sustain above. Melt won to 10616.

From couple weeks movement of Nifty Future is very slow, at 31^st October Nifty Future made low 10111 and reverse to 10419, to total intraday rally of 308 points.

1^st November Nifty Future open at 10440 made low 10346 and reverse to 10447. Total journey was of 195 points. But from couple of days this is very slow. And volume less session never attracts day traders.   

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

Yesterday Foreign Institutional Investors have bought 6077.91 Cr. and sold 4034.85 Cr. net trades was + 2043.06 Cr., huge buy after a long time.

Domestic Institutional Investors have sold 3449.92 Cr. Against buy of 3284.61 Cr. net trade values -165.31 Cr,

India VIX Snapshot

India VIX made high 18.9150 and low 15.4975 yesterday.

Advance and decline ratio of the Nifty is 29:21, average trade tendency.

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 30, 59,775

But most active PUT was 10600, and Open Interest was 18, 07,800

Key Support-Resistance level of Nifty Future

Above yesterday’s high (10680) Nifty Future will run to touch 10771.95.

Below 10608.85 next vital support of the day is 10546.65.

Today’s Overview:

If open above 10616 and cross 10680 without break the low, then a sharp intraday rally is on card.

Nifty Intraday Tips

Good Morning and Wish You a Happy Trading Session ….

The day before yesterday I have written about the resistance 10680, yesterday Nifty Future made day’s high 10680, and yesterday written about the fist support 10549, Nifty Future made day’s low at 10551.

After open at green Nifty Future failed to hold the strength, and start to fall. Although the fall was zigzag, but was slow and steady.

After making low at 10030 Nifty Future is moving up very fast, but from last week the speed decreased. This indicate a confusion among the investors.

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

Yesterday Foreign Institutional Investors have bought 5516.81 Cr. and sold 5439.43 Cr. net trades was + 277.38 Cr., almost average trade.

Domestic Institutional Investors have sold 5067.42 Cr. Against buy of 4795.18 Cr. net trade values -272.24 Cr, sum of last three trading sessions sold amount is -1647.36 Cr.

India VIX Snapshot

India VIX made high 19.5075 and low 14.7700 yesterday.

Advance and decline ratio of the Nifty is 23:27, average trade tendency.

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 29, 29,725

But most active PUT was 10500, and Open Interest was 25, 30,650

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10652; if Nifty Future fails to cross the hurdle then a sharp correct is on card.

If so happen then the correction may pull the Index around 10429. And after that a zigzag move is quite possible.

Today’s Overview:

Fail to cross 10652 then be ready for a sharp intraday correction.

Nifty Intraday Call

Good Morning and Wish You a Happy Trading Session ….

Just after opening Nifty Future made day’s low at 10460 yesterday. I have written about the support 10465. Through the session the Index only went up side with slow and steady move.

After making high at 10523.95 Nifty Future slipped to 10476, and reverse to making day’s high at 10632.

After predict the wave pattern it is clear that the move will continue its journey more. And we can see Nifty Future is touching 11179 very soon.

But one factor is 10716. It closes about it then the mentioned top is possible.

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

Yesterday Foreign Institutional Investors have bought 3408.13 Cr. and sold 3903.08 Cr. net trades was -494.95 Cr.

Domestic Institutional Investors have sold 2345.72 Cr. Against buy of 2681.5 Cr. net trade values -1037.84 Cr,

India VIX Snapshot

India VIX made high 19.6850 and low 17.1225 yesterday.

Advance and decline ratio of the Nifty is 41:09, Monday it was 09:41

OI at Option Trading

Strike price of most active Nifty CALL was 10600, open interest add 22, 68,075

But most active PUT was 10500, and turnover was 10, 44,685.46 lakes.

Key Support-Resistance level of Nifty Future

Above 10701/10703 Nifty Future will spark .Nifty Future will run to touch 10798 within couple of minutes.

Single closing above the mentioned level Nifty Future will run too face 10940---10963.95 as tough hurdle.

Vital support of the day is 10549, if breaks 10522.65 then Nifty Future may slip below 10460.

Crucial support may be 10403/10402.

Today’s Overview:

Yesterday written:

“Today from base a sharp bounce back is quite possible.”…….

Nifty Future made low 10460 and reverse to 10632, a sharp bounce back.

Today if fail to cross 10701 within first half then may start to melt down.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session ….

From 1st November’2018 writing about that next TOP is going to be 10665, and from this hurdle 2-3 days correction is on card. Look what happened, yesterday Nifty Future made high 10664.60 and melt down 175 points.

After a flat opening Nifty Future hit 10664.60 and start to fall straight, after making base at 10585 it tried recover some, but it was part of a move.

At the end of the day Nifty Future made low 10490.

After predict the wave pattern it is clear that the move will continue its journey more. And we can see Nifty Future is touching 11179 very soon.

But one factor is 10716. It closes about it then the mentioned top is possible.

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

Yesterday Foreign Institutional Investors have bought 4499.38 Cr. and sold 3667.23 Cr. net trade was + 832.15, at last two trading sessions FII total bought +1446.29 Cr.

Domestic Institutional Investors have sold 3128.32 Cr. Against buy of 2054.38 Cr. net trade values -1037.84 Cr, sum of last two trading sessions sold amount is -1375.12 Cr.

India VIX Snapshot

India VIX made high 19.4625 and low 16.4750 yesterday.

Advance and decline ratio of the Nifty is 09:41

OI at Option Trading

Strike price of most active Nifty CALL was 10700, open interest add 31, 09,050

But most active PUT was 10500, and Open Interest was 21, 60,675

Open position of Nifty Future is increasing from last nine days, but volume or market participation is decreasing.

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Key Support-Resistance level of Nifty Future

Above 10535 very vital resistances are 10568. Once Nifty Future crosses 10680 then will jump to hit 10716 with in the session.

Below yesterday’s low (10490) vital support is 10465, Crucial support of the day is 10442.

Today’s Overview:

Yesterday written:

“From any of days high a small term (2-3 days) correction is quite possible.”

Look what happened, after making top at 10665 it starts to melt down and made base 10490.

Today from base a sharp bounce back is quite possible.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

At Friday Nifty Future opened with red and made days low at 10571. From this poin Nifty Future started to move up. After a small bounce back the index made high 10643.95.

Through the day move was slow and zigzag, live data showing mixed reaction before touching top for the time beings.

From couple of day writing about the rally, those are regular read of my posts have noticed it. From 10030 Nifty Future already made high 10648, net 618 points of rally.

But after predict the wave pattern it is clear that the move will continue its journey more. And we can see Nifty Future is touching 11179 very soon.

But one factor is 10716. It closes about it then the mentioned top is possible.

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

Last Friday Foreign Institutional Investors have bought 6394.98 Cr. and sold 5780.84 Cr. net trade was +614.14 Cr.

Domestic Institutional Investors have sold 3377.08 Cr. Against buy of 3039.98 Cr. net trade values -337.28

India VIX Snapshot

India VIX made high 18.7550 and low 16.7550 yesterday. Volatility is moving within a range from couple of days. It may happen for decreasing volume or mixed reaction of market precipitance.

Advance and decline ratio of the Nifty is 28:22 that means a mix reaction is flowing though the mind of investors.

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 26, 84,475

But most active PUT was 10500, and Open Interest was 22, 88,025

Open position of Nifty Future is increasing from last nine days, but volume or market participation is decreasing.

Key Support-Resistance level of Nifty Future

Above 10655 very vital resistances are 10665. Once Nifty Future crosses 10680 then will jump to hit 10716 with in the session.

Very vital support of the day is 10587.55. Once Nifty Future breaks 10571 then will melt down to 10539.

Today’s Overview:

From any of days high a small term (2-3 days) correction is quite possible.

Nifty Trading View

Good Morning and Wish You a Happy Trading Session ….

At Muhurat trading Nifty Future opened with positive node with gap-up and through the 60 minutes session it hold its up moving tendency.

From couple of day writing about the rally, those are regular read of my posts have noticed it. From 10030 Nifty Future already made high 10648, net 618 points of rally.

But after predict the wave pattern it is clear that the move will continue its journey more. And we can see Nifty Future is touching 11179 very soon.

But one factor is 10716. It closes about it then the mentioned top is possible.

Conflict after sudden direction change

When Market changes its direction suddenly then generally a conflict raised. After 14.96% of fall through 35 trading days, when Nifty Future reverse 6.16% within 9 trading days then generally a controversy took place.

Is the Index already made bottom? Or this is the beginning of a fresh Bull move. This is the point of conflict.

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

On Muhurat trading Foreign Institutional Investors have bought 66.5 Cr. and sold 53.38 Cr. net trade was +31.02 Cr.

Domestic Institutional Investors have sold 3.85 Cr. Against buy of 30.96 Cr.

India VIX Snapshot

India VIX made high 18.5050 and low 16.8100 yesterday. Volatility is not increasing in parallel with the Index.

Advance and decline ratio of the Nifty is 48:02 (almost one sided).

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 24, 28,275

But most active PUT was 10600, and turnover was 15, 00,600 from last two sessions the range of most active options is same.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 10665, above this Nifty Future will jump to touch 10716. Single closing above this Nifty Future will rally to 10940.25---10963.95

Below 10638.90---10632 Nifty Future may fall down to 10550---10501.

The move may continue more (will update timely)…..

Today’s Overview:

From any of mentioned resistance level (first two) Nifty Future may take one or two days correction. But to create new top the index will run more.