Good Morning and Wish You a Happy Trading Session ….
Nifty Future
open at Green and made day’s high 10974.after that at very slow move the index
made day’s low at 10871.
Don’t accumulate
long position now (for mid-term); Nifty Future is near of its TOP.
Yesterday Foreign Institutional Investors have bought
5273.53 Cr. and sold 4980.41 Cr. net trades were +293.12 Cr.
And Domestic Institutional Investors have bought
3487.98 Cr. and sell of 4294.43 Cr. net trade values -806.45 Cr,
India VIX made high 19.6050 and low 16.3100 on
yesterday.
Advance and decline ratio of the Nifty is 30:20
Strike price of most active Nifty CALL was 11000,
open interest add 27, 00,900 and most active put was 10800.
Key
Support-Resistance level of Nifty Future
Vital resistance of the day is 11002/11005----11010/10011.52,
this hurdle is very vital; those are holding long book profit of a major part.
This level may be a turning point (this is not
any recommendation).
Yesterday written about the support 10877, Nifty
Future made day’s low at 10871.
Now first support of the day is 10868/10864.
Today’s
Overview:
A sharp correction is on
card.