Good Morning and Wish You a Happy Trading Session ….
Yesterday
after a green opening Nifty Future made high 10810.15 (I have written yesterday
at early morning first resistance is 10810.75). After that sky was the limit,
Nifty Future straight increased till 10882.90
Buy don’t
accumulate long now (for mid-term), Nifty Future is near of its TOP.
Yesterday Foreign Institutional Investors have bought
8878.36 Cr. and sold 8054.89 Cr. net trades were +823.47 Cr.
And Domestic Institutional Investors have bought
7649.48 Cr. and sell of 6676.17 Cr. net trade values +973.39 Cr,
Both the institutions were largely on buy side.
India VIX made high 18.8500 and low 14.9300
yesterday. Both the zone is decreasing.
Advance and decline ratio of the Nifty is 39:11
Strike price of most active Nifty CALL was 10900,
open interest add 43, 75,425
But most active PUT was 10700, and Open Interest
was 38, 03, 325,
Key
Support-Resistance level of Nifty Future
Above 10891 next vital resistance of the day are
10961…..now vital question is what the top is or where the life line will end
of this move.
Today’s
Overview:
First half’s movement will be
straight; a sharp correction is on card.