Nifty Trading View

Nifty Trade Yesterday

                                                         

Good Morning and Wish You a Happy Trading Session ….

There was no sign of reversal, from opening Nifty future was correcting sharply. Once have tries to recover from 11456 to 11497 but fail to cross 11500 and start the round of fall again.

Nifty Trading View-Market correcting

The overall PANIC drag  Nifty Future to 11322, blood flow was continue till 2.798% fall from its recent high 11648.

Indian VIX is increasing continuously. Yesterday’s high was 15.4475, greater than previous day’s high 15.3150.

Just look what Foreign Institutional Investors have down yesterday. Their net 8015.47 Cr. against it they have sell 9469.83 Cr, net trade value -1454.63 Cr. whereas Domestic Institutional Investors was on opposite direction, they have bough greeter than sell, total value was 749.62 Cr.

Nifty Trading View: correction will continue ?

Key Support-Resistance level of Nifty future

Nifty future will try ti sustain above yesterday’s low 11322 at opening, if it possible then Nifty Future will face tough hurdle at 11358/59. If cross 11362---11368 level with volume then wait for a bounce back.

After Nifty Future sleep down below 11322 then next support is 11289.60.

Today’s Overview:

If fail to cross the resistance level mentioned above then try Future will start to melt down and may take support at 11289.60. Never try to catch a fallen knife.

Many small investors get trapped at reversal points. Always wait for a good reversal points. Our posts always try to predict the level correctly with the view of technical analysis.

Nifty Trading Tips

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After opening at gap-down Nifty Future continue its red journey to more deep red. Nifty Future made first low at 11486, lower by 1.39% from previous day’s high 11648.

stock-chart

Have tried a small recover but failed and made low. I have written several time continuous increase of volatility is a symbol of coming fall. Closing near new intraday low indicated more correction is pending.

WOW…..Indian VIX is 15.3150, increasing strongly. Means more low is due to be show. Index increased by 10.25% then yesterday’s high 13.8900.

Just look at Institutional Investor’s yesterday trade value. FII have bitten the market heavily, their net trade value was -841.68 CR, and DII have followed FII by selling by -289.66 Cr.

Sentiment of USA-China trade war and dramatic fall of rupee at 72.45 were the main cause of this fall. INR issue is more critical, no sign of recovery. Small investors don’t panic and wait at side line for a while, and wait for a good bottom to enter.

Strike 11400 PE made maximum Open Interest, contacts was 44, 29,575. Is very meaningful, Nifty future may break down below 11400 levels.

Key Support-Resistance level of Nifty future

At first couple of hours Nifty Future may take support at 11436. Below that vital support is 11416.Single closing below 11408 Nifty Future may meltdown to 11290.

analysis

Will try to take a reverse from any support level and in that case vital resistance is 11493/94. After crossing above 11533 Nifty Future will gain its strength.

Today’s Overview:

Intraday traders trade with strict stop losses, never average any losing trade with hope one day it will recover. If you do this mistake, then definitely one day market will recover, but you will be not capable to trade then.

Nifty Future Tips

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After opening in red Nifty Future continued the journey to red on Friday. And Nifty Future made intraday low at 11512. After a sharp bounce back touched day’s high at 11648.

Stock Chart

Although total journey from 11437 to 11648 was a zig-zag move, it will try once to take a reversal from day’s low to cross recent high.

At last trading day most active call was 11600 and open interest was 29, 12,400 contracts. The most active put was 11500, OI was 47, 64,075 followed by 11400 and open interest is 47, 42,025.it clearly suggest that Nifty Future may try to 11400 within coming sessions.

On Friday FII and DII activity was at same side, although there was huge difference of net traded value. FII balance there both side trade and net value was 37.56 Cr. On the other hand DII have trade maximum on buy side and net value was 942.45

On Friday I have written “IndianVIX made high 14.2000 greater than previous day. Increasing of Market and VIXsimultaneously is very confusing”

Look just what happened, there was two type of move, at first part Nifty Future fall down to 11512 and reverse from the low with a sharp move to 11648.and last trading session Indian VIX made high 14.1425, running at high from 1-day/1 week and also 1 month’s high.

That suggest more volatility and more correction may drag Nifty Future near 11334 levels.

Key Support-Resistance level of Nifty future

If Nifty Future open below 11614 then it will be a gap-down opening, in that case vital supports of the day will be 11567-------11559/11558.70. Single closing below 11512 Nifty Future may drag down to 11413—11334.

Any kind of reverse from day’s support level and cross Friday’s high 11648 then may top at 11670/11672. Closing above 11688 then tough hurdles to cross is 11702.50.

last 3 day's profit 326 points

Today’s Overview:

If open at gap-down then it may be a volatile session and from 2^nd support level Nifty Future may take a bounce back.

Work analysis of last three days (05 September to 07 September):

Last Three day’s total profit was 326 points /Lot. Please READ MORE

3 Days 326 Points

3 days profit

 Work analysis 07 September 2018

Trade 1. Book profit yesterday’s short position (holding short from 11562) at 11522. Profit 11562 – 11522 = + 40 points.

Trade 2. Sell Nifty Future @11597 SL 11599 (just 2 points) Target 11565. Profit 11597 – 11565 = +32 points

Time Factor: SMS sent at 10:29 am, at 10:53 am NF made high 11598 and came down to 11563.

Clients got 24 minutes to active the call.

Price Factor: Short Level was 11597 NF made high 11598 and meltdown.

Risk::Reward = 2::32 = 1::16

Trade 3. Buy NF @ 11581 SL 11579 Targets 11670 (Booked at 11631). Profit 11631 – 11581 = +50 points.

Time Factor: Call sent at 01:36 pm. NF touched 11581 at 01:52 pm.

Got 16 minutes to initiate the call.

Price Factor: Buy level was 11581, after 16 minutes NF touched 11581 and reverse.

Risk::Reward = 2::50 = 1::25

Total effect = +40 +32 + 50= +122 points/lot.

Work analysis 06 September 2018

Trade 1: Book losses of positional short (holding short from 11527)@11548. Losses 11548 – 11527 = -21 points

Trade 2: Buy NF @11539 SL 11536.60. SL triggered. Losses 11539 – 11536.60 = -2.4 points.

Trade 3:  Sell NF @11504 Target 11470, after initiating the call NF made low 11470(was day’s low). Profit 11504 – 11470 = +34 points

Trade 4: Buy NF @11474 SL 11469.95 Booked 11582. Profit 11582 – 11474 = +108 points.

Trade 5: Sell NF @11562 (positional) …..

Total effect = -21 -2.4 +34+ 108 = 118.6 points/lot.

Work analysis 05 September 2018

Trade 1: Buy NF @11540 SL 11538.50Targetg 11577. SL triggered, losses 11540 – 11538.50 = -1.5 points.

Trade 2: Buy NF @ 11488 SL 11486.45 Targets 11526. SL triggered, losses 11488 – 11486.45 = -1.55 points.

Trade 3: Buy NF @ 11451 SL 11448.80 Targets 11489. Target achieved. Profit 11489 – 11451 = +38 points.

Trade 4: Buy NF @11477 SL 11474 Target 11527. Target achieved. Profit 11527 – 11477 = +50 points.

Trade 5: Sell NF @11527 SL 11533 (revised)…..

Total effect = -1.5 – 1.55  +38  +50=  85 points/lot.

05 September, 2018 à +85 points

06 September, 2018 à +118.6 points

07 September, 2018 à +122 points

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TOTAL à  326 POINTS

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Nifty Future Trade

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After three consecutive corrections yesterday was some relief for bulls. Nifty Future at opening made high 11547.86 (written yesterday about the 1^st resistance 11548), after make low 11505 it bounce back to 11570, but fail to sustain and melt down sharply to 11470.and at last session there was huge short covering.

Ups n Down

The main cause of sudden fall was fall of Indian rupee. It crosses 72 first time, and market went to red zone.

Although behavioral sentiment was active on 11400 put, it generates 44, 61,675 contracts, at the opposite sentiment on 11600/11700 were almost same. And very low then PUT’s open interest.

Indian VIX made high 14.2000 greater than previous day. Increasing of Market and VIX simultaneously is very confusing. That indicate a corrective move it will be.

As usual Foreign Institutional Investors were one sell side; the net trade value was -455 Cr. And DII have bought(net trade value) 611.98 Cr.

Key Support-Resistance level of Nifty future

If Nifty Future able to sustain above 11547.74 and cross 11603 (yesterday’s high0 then vital resistance is 11646/48, once Nifty Future cross 11667/79 then will face resistance at 11690.

From any high/resistance level Nifty future take intraday correction, vital support of the day is 11544.once Nifty Future break recent low 11470 (yesterday low) then be ready for 11344/340, but chances is very remote.

Today’s Overview:

Move of Nifty Future/market will be zig-zag, a volatile session will define the next direction today.

Work analysis of 06 September:

Yesterday provided total 4 calls. At first call book losses of -2.4 point, 2^nd and 3^rd gave +34 and +108 points profit respectively. 4th  is holding.

85+119 = 204 Points

Last two day’s profit 85+119 = 204 points Single Lot

119 points profit

85 points profit

Nifty Trading Today

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After four days straight correction Nifty Future made low 11437 yesterday. From life-time high 11793 already corrected 3.0187%. After opening Nifty Future have tried to move upside, touched 11563 and 11579 as days’ high.

Stock Exchange

But rupee hit life time low 71.96. this is the main reason of yesterday’s downfall. Although after hitting 11437 Nifty Future have tried to recover and mage to touch 11530.85 at end of the session.

Indian VIX is increasing continuously, yesterday made high 14.1525, bad sign for Bulls. Increasing of volatility is synonymous of market fall. The day before yesterday its high was 13.8800.

The most active put was 11400, open interest was generated maximum, was 38, 80,800. And most active call was 11600, total contracts was 30, 75,375.

When this post was written SGX Nifty was trading at 11541, up by 0.33%.

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11548. One Nifty Future cross it and stay for an hour may spark to touch 11653.75.

Below yesterday’s low key support is 11372.

work-sheet

Today’s Overview:

Keep eye on 11548. This may be the turning point. Today Nifty Future/Market may change its’ direction.

Work analysis of 05 September:

Yesterday provided total 5 calls. First and second call got stop losses triggered. And the losses were 1.5 and 1.55 points respectively. Third and fourth points gave profit of 38 and 50 points. Fifth call is holding with strict stop losses.

Nifty Future Today

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday was the third consecutive day when Nifty Future / Market is melding continuously. All indexes were closed in red, as INR hit record low 71.57.

World Stock Market

At opening Nifty Future made high 11642 and melt down sharply to 11578, start to recover, but failed when making day’s high at 11649 and straight fall to 11550. From the beginning market was volatile.

Indian VIX made high 13.8800, higher then yesterday high 13.3925. and today also volatility will be continue, if cross 14.2600 then you may expect more sharp correction.

Although FII and DII were not responsible for the fall, the net traded amount of Foreign Institutional Investors was +32.64 Cr. And of Domestic Institutional Investors was -21.41 Cr.

From last 3 to 5 trading days we are writing about the correction of 150 points. Nifty Future already melt-down 173 points. Before yesterday’s low it may continue.

When uploading the post  SGX Nifty was trading at 11557 (-0.22%).

group work

Key Support-Resistance level of Nifty future

Vital support of the day is 11540.70, if Nifty Future start to trade  below 11519.65  then wait for 11494.

From any support level Nifty future may take bounce back to 11593, above 11611/11614 may jump to 11633.

 Today’s Overview:

At first half of the session there will be selling pressure, from days low at 2^nd half you may witness some recoveries.

Ganesh Festival

Nifty Trading Tips

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

Yesterday at 06:42 am uploaded the Post “Nifty Future Tips” and written about the vital and last-final resistance of the day 11775/11776. Nifty future made high 11775 and melt down 155 points.

 

analysis

From last 3 to 5 trading days we are writing about the correction of 150 points. Nifty Future already melt-down 173 points. Before yesterday’s low it may continue.

When uploading this post SGX Nifty is trading around 11635 (+0.04%).

At last day’s fall participation of Foreign Institutional Investors ware very ;little, their net trade value was -21.13 Cr.  But the Domestic Institutional investors net trade value was -542.12 Cr.

Yesterday high of Indian VIX low was 13.7175, far above last week high 12.4075 and last month’s high 12.4800. That means volatility and correction may continue. 

 

Perfect picture

Key Support-Resistance level of Nifty future

If Nifty Future sleeps below 11595 then vital support may be 11569. Any bounce back from day’s low or short covering at low level may provide Nifty Future a fresh energy to pull back.

Vital resistance is 11657, above this tough hurdle of the day is 11739/11745.

Today’s Overview:

At opening there may be more sell pressure. At day’s bottom fresh buy and short covering and fresh buying is quite possible.

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Nifty Future Tips

Nifty Future Traded

                                                         

Good Morning and Wish You a Happy Trading Session ….

After opening on a positive node and making a new life time high Nifty Future failed to sustain the bullish mood on the 1^st day of September expiry. After starting a bull move from 10556.95 on 28^th June’2018 Nifty future made a journey of 11.71% after making high 11793 on Friday.

 

Mobile Traeding

At post Nifty Future Tips (on 29 August) and at post NiftyTrading Today (on 30 August) have written about the correction of 150 points, on Friday’s session Nifty Future melt down 107 points fit’s day-high 11793.

On Friday Foreign Institutional Investors was on sell side, their net trade value was -212.81 Cr. But the Domestic Institutional investors were on buy side, the net traded value is +171.92 Cr. the effect was mixed that means contradictory and market fall sharply.

On 24^th August’2018 Indian VIX low was 9.4300 and on Friday it made high 12.7975, it is increasing, that means increase of volatility. It suggests increase the chance of correction.

at last trading session of the week most active call option strike was 11800, the contract was generated 27,43,050. And most active put option was 11600, open interest was generated 32, 42,175. That suggest of market range will be between 11800 to 11600 on Monday to Tuesday sessions.

Key Support-Resistance level of Nifty future

If Nifty Future able to sustain above the support level 11686 at opening then may run to touch 11751 and very vital resistance is 11775.90/11776. Once cross 11793 will volume then may run towards 11913 this week.

On the down side below 11663.80 key support levels is 11643.60-11642.

 

Analysis

Today’s Overview:

After analysis the vital key points it may be suggested that at opening there will be a up-move to near life time high. From there a sharp intraday correction not be ruled out. Till now there is no sign of long term bear move.