Nifty Future Trading

Good Morning and Wish You a Happy Trading Session ….

At last two sessions of the previous week Nifty Future run 137 points up ward. After three step of top, Nifty Future touched 10747.95 as day’s high.

Is this starting of rally or just part of a corrective wave? Today’s session will clear it. The pattern of the move which rallied from 10611 to 10747.95 was corrective type.

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

Friday Foreign Institutional Investors have bought 3651.38 Cr. and sold 4468.78 Cr. net trades were -817.04 Cr.

And Domestic Institutional Investors have bought 3045.72 Cr. and sell of 2803.16 Cr. net trade values +242.56 Cr,

India VIX Snapshot

India VIX made high 19.6275 and low 15.9825 on Friday.

Advance and decline ratio of the Nifty was 33:17;

OI at Option Trading

Strike price of most active Nifty CALL was 11000, OI was 37, 13,125. And most active PUT was 10500, OI was 35, 44,800.

Key Support-Resistance level of Nifty Future

Last hope for Bulls is 10665/10663…..below this???

Intraday support of Nifty Future is 10618, below this next support is 10564.65; closing below 10539 will increase the chance to take support at 10497.

Vital support of Nifty Future for the first part of week is 10497; below this crucial support are 10452.95.

Today’s Overview:

Open below 10665/10663 sharp correction is on card.

Nifty Tips Intraday

Good Morning and Wish You a Happy Trading Session ….

From Couple of days writing Nifty Future is near of its top for the time being, the rally was started from 10030, although my predicted level was 11002, before 28 points at 10974 Nifty Future made the TOP.

A rally of 944 points was very sharp and strong. But I have written earlier this was not a bull move, was a part of BEAR phase.

Now within four sessions Nifty Future meltdown 363 points, move was very slow but steady.

Where the downfall will go, let discus at Support-Resistance paragraph.

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

Yesterday Foreign Institutional Investors have bought 5529.92.16 Cr. and sold 5457.45 Cr. net trades were +72.47 Cr.

And Domestic Institutional Investors have bought 2893.21 Cr. and sell of 3282.99 Cr. net trade values -389.78 Cr,

From last couple of days DIIs are selling.

India VIX Snapshot

India VIX made high 19.5500 and low 15.9100 on yesterday.

Advance and decline ratio of the Nifty is 04:46, clear corrective move.

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 11, 10,820.62 lacks. And most active PUT was 10500, turnover was 7, 88,097.16 lacks.

Key Support-Resistance level of Nifty Future

Vital support of the day is 10594.30, crucial support of the day is 10490----10488---10482.

First resistance of the day may be 10652.65.

Today’s Overview:

From couple of days writing market is overbought. Look what happened. From crucial level a small bounce back is possible.

Nifty Tips Today

Good Morning and Wish You a Happy Trading Session ….

After made high 10868 Nifty Future start to meltdown through the session, end of the session the index made low 10786.75.

Open Interest is decreasing, but volume not supporting the fall, it may be a small corrective wave, near TOP this kind of behavior is quite possible.

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

Yesterday Foreign Institutional Investors have bought 5062.16 Cr. and sold 5419.98 Cr. net trades were -357.82 Cr.

And Domestic Institutional Investors have bought 2303.82 Cr. and sell of 3095.58 Cr. net trade values -791.59 Cr,

Both the institute was on sell side.

India VIX Snapshot

India VIX made high 18.8275 and low 16.6200 on yesterday.

Advance and decline ratio of the Nifty is 10:40

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 6, 36,229.58 lacks. And most active PUT was 10800, turnover was 4, 99,947.57 lacks.

Key Support-Resistance level of Nifty Future

Vital support is 10783.50---10773.65, if Nifty Future open below this levels then may slip to 10646.

Any bounce back above 10886 only.

Today’s Overview:

Yesterday written “A sharp correction is on card” from opening Nifty Future only corrected through the session.

Today from crucial support a bounce back is possible.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

After a negative opening Nifty Future made low at 10871(same as Monday) yesterday. And tried to move up with very slow motion and day’s high was 10929.95.

Don’t accumulate long position now (for mid-term); Nifty Future is near of its TOP.

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

Yesterday Foreign Institutional Investors have bought 5228.96 Cr. and sold 5284.85 Cr. net trades were -55.89 Cr.

And Domestic Institutional Investors have bought 2215.19 Cr. and sell of 2736.57 Cr. net trade values -521.38 Cr,

Both the institute was at sell side.

India VIX Snapshot

India VIX made high 19.6200 and low 16.9050 on yesterday.

Advance and decline ratio of the Nifty is 24:26

OI at Option Trading

Strike price of most active Nifty CALL was 11000, turnover was 4, 98,002.04 lacks. And most active PUT was 10800, turnover was 4, 20,361.96 lacks.

Key Support-Resistance level of Nifty Future

No Change of levels, (mentioned yesterday).

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).

Now first support of the day is 10868/10864.

Today’s Overview:

A sharp correction is on card.

Nifty Future Today

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.

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

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 Snapshot

India VIX made high 19.6050 and low 16.3100 on yesterday.

Advance and decline ratio of the Nifty is 30:20

OI at Option Trading

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.

Nifty Future Tips

Good Morning and Wish You a Happy Trading Session ….

On Friday after making day’s top at 10949.75 Nifty Future meltdown to 10855, although the index tried to recover end of the session.

Today’s session is very vital, it may clear that is Nifty Future is going to form TOP or the rally will be continued.

Don’t accumulate long position now (for mid-term), Nifty Future is near of its TOP.

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

On Friday Foreign Institutional Investors have bought 12172.21 Cr. and sold 12504.72 Cr. net trades were -332.62 Cr.

And Domestic Institutional Investors have bought 5015.36 Cr. and sell of 3525.71 Cr. net trade values +1489.65 Cr,

India VIX Snapshot

India VIX made high 19.9150 and low 16.8100 on Friday.

Advance and decline ratio of the Nifty is 24:25

OI at Option Trading

Strike price of most active Nifty CALL was 11000, open interest add 25, 43,925

But most active PUT was 10800.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11002.34----11011.52, 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).

Below 10877 next support is 10832.

Today’s Overview:

A sharp correction is on card.

Nifty Future Trend

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.

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

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 Snapshot

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

OI at Option Trading

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.

Nifty Stock Tips

Good Morning and Wish You a Happy Trading Session ….

Yesterday after open at green Nifty Future start to meltdown, and formed intraday bottom at 10702. From there has tried to recover. After touching 10743, once again go down and touched 10708.

Although movement is very slow nowadays. But gradually the Index is climbing towards up again. Now a question is moving in every traders mind, is this a recovery or start of a rally.

Buy don’t accumulate long now, Nifty Future is near of its TOP.

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

Yesterday Foreign Institutional Investors have bought 6286.83 Cr. and sold 5325.37 Cr. net trades were +962.26 Cr.

And Domestic Institutional Investors have sold 4023.05 Cr. Against buy of 3692.76 Cr. net trade values -330.29 Cr,

India VIX Snapshot

India VIX made high 19.3550 and low 16.6725 yesterday.  

Advance and decline ratio of the Nifty is 19:31

OI at Option Trading

Strike price of most active Nifty CALL was 10800, open interest add 28, 62,675

But most active PUT was 10500, and Open Interest was 34, 59, 750,

Key Support-Resistance level of Nifty Future

Above 10786/10787 next immediate resistance of the day are 10791/10796…..now vital question is what the top is or where the life line will end of this move.

Vital resistance may be 10810.75 or 10811------10837

On the down side, crucial support level of the day is 10588….if break 10642.85 then Nifty Future will melt down below 10588 within an hour.

Today’s Overview:

First half’s movement will be zigzag, a sharp correction is on card.

Nifty Future Reversal

Good Morning and Wish You a Happy Trading Session ….

Yesterday’s trade was like a puzzle, opening at 10610.90Nifty Future made high 10631 after that start to melt down to 10585, that was the bottom of the day. From this point Nifty Future starts to move up.

End of the session the index made high 10695. Where Nifty Future is going? Trying to cross 10779? If yes then why the move is zigzag? As regular up move why this is not going?

All answer will be clear today.

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

Yesterday Foreign Institutional Investors have bought 5654.3 Cr. and sold 4842.78 Cr. net trades were +811.52 Cr.

And Domestic Institutional Investors have sold 3338.93 Cr. Against buy of 337014 Cr. net trade values +31.21 Cr,

From last two days both the institutions are buying more than selling.

India VIX Snapshot

India VIX made high 20.4025 and low 16.6050 yesterday.  

Advance and decline ratio of the Nifty is 26:24

OI at Option Trading

Strike price of most active Nifty CALL was 10700, open interest add 26, 30,475

But most active PUT was 10500, and Open Interest was 38, 39, 250,

Key Support-Resistance level of Nifty Future

Above 10731 next resistance of the day are 10787…..now vital question is what the top is or where the life line will end of this move. Vital resistance may be 10810.75 or 10811

On the down side crucial support level of the day is 10568….if break 10511.95 then Nifty Future will melt down below 10454-10450 within hours.

Today’s Overview:

From days high a sharp correction is on card.