Good Morning and Wish You a Happy Trading Session ….
After four days
correction Nifty Future have reverse 115 points from its recent bottom 10678.
If we treat it’s
a sign of rally, then we have wait for today’s session.
On Friday Foreign Institutional Investors have bought
3130.06 Cr. and sold 3288.32 Cr. net trades were -157.72 Cr.
And Domestic Institutional Investors have bought 2843.61
Cr. and sell of 2603.01 Cr. net trade values + 240.6 Cr,
Yesterday India VIX made high 16.9725 and low
15.4850.
Advance and decline ratio of the Nifty was 33:17
Most active CE was 11,000, and OI was 38, 90,025.
And most active PUT 10500 and open interest was 40, 51,050
Key
Support-Resistance level of Nifty Future
On Friday written about the first support 10674.90,
Nifty Future made low 10678 and reverse up to 10793.
Today above 10819 next resistances is 10847.60. Once
Nifty Future cross 10867.60---10902 then may run to 11174.
Before 11174 there is no correction, but small
intraday correction/profit booking is usual.
Today’s
Overview:
Till Nifty Future is above
10678 stay at long side.