Good Morning and Wish You a Happy Trading Session ….
After several
attempt to stay above previous day’s low, Nifty Future break down and made new
low 10850.
Wave pattern
showing, Nifty Future may go deeper to form bottom.
Today Institutional Investors have bought 4020.15 Cr. and sold 4486.93 Cr. net trades
were – 466.78 Cr.
And Domestic
Institutional Investors have bought 2441.11 Cr. and sell of 2563.75 Cr. net
trade values – 122.64 Cr,
Today INDIA VIX made high 15.9750 and low
13.2300
Advance
and decline ratio of the Nifty was 20:30
Most
active CE was 10,900, and OI was 13, 59,075 and most active PE was 10,800. And
OI was 7, 44,525.
Key Support-Resistance level of Nifty Future
Tomorrow vital
support of Nifty Future is 10788, if Nifty Future break the level then may melt
down to 10739.55 as crucial support.
Vital
resistance of the day is 10906.30. Single closing above this level Nifty Future
may run to touch 10986 within in next sessions.
Today’s Overview:
From day’s low bounce
back is possible.