- FII’s sold 26.9 K contract of Index Future worth 530 cores,19.8 K Long contract were squared off by FII’s and 7.1 K short contracts were added by FII’s. Net Open Interest decreased by 12.6 K contract.Why FII’s are worried about Minimum Alternative Tax (MAT)
- Nifty again formed a lower low @8273 which was near to last swing low of 8269 and also near its 200 DMA. Biggest Problem with our market is World Markets are trading at life highs but Indian market are trading at 1 Month low suggesting their is some intrinsic problem with Indian market showing so much under performance. Also we have taken 3 times support near the Murry Math Line so if 4 time 8269 gets broken which can see move towards 8124 odd levels. Gunner also suggests we are entering the next quadrant so another 150/200 point possible if 200 DMA gets broken. Monday Price action is very crucial as this will be expiry week so need to be cautious.
- Nifty April Future Open Interest Volume is at 1.95 core with liquidation of 8.2 lakhs with increase in cost of carry suggesting short position got closed.
- Total Future & Option trading volume was at 3.31 core with total contract traded at 5.2 lakh. PCR @0.81.
- 8500 CE OI at 51.1 lakh , wall of resistance @ 8500 .8200/8400 CE saw addition of 18.6 lakhs ,so bears who added aggressively in and added 132 lakh in past 7 trading session, so bears are still adding on to positions. FII bought 27.9 K CE longs and 1.8 K CE were shorted by them.
- 8300 PE OI@ 50.4 lakhs so strong base @ 8300. 8400/8600 PE liquidated 16.8 lakh so bulls are stuck with panic still no addition seen in PE . FII bought 2.6 K PE longs were squared off and 17.1 K PE were shorted by them.
- FII’s sold 276 cores in Equity and DII’s bought 559 cores in cash segment.INR closed at 63.3 lowest level in 2015.
- Nifty Futures Trend Deciding level is 8341 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 8406 and BNF Trend Deciding Level 18062 (For Intraday Traders) BNF Trend Changer Level (Positional Traders) 18210 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .
Buy above 8331 Tgt 8360,8388 and 8413 (Nifty Spot Levels)
Sell below 8273 Tgt 8247,8190 and 8108(Nifty Spot Levels)
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What should be sl for intra trades given by you? 15 points?
20
,Brahmeshji, Has the PC open ineterst /ITM anything to with levels of nifty and bank nifty, I am thinking the recent correction was due to that there are lot of longs in the market, prior the correction from 8880 and obviously writers cannot end in huge loss. And it the current juncture too the ITM of Puts outweigh the ITM of Calls. So we are finding the same levels and dangling around DMA 200.
If so, can we expect bullishenss after this expiry.
yes thats one of the possible scenario
Sir,as per Ichimoku if the price is below the cloud then how to get the support ?
Thanks a lot Sir for allowing right click and also for the session of ‘ STOP LOSS ‘. Lots of thanks again.
Bramesh Ji,
As we all know very well that Stock Mkt is very sensitive to calamity either it is natural or man made. So do you think the current earthquake will shake the NSE & BSE also badly on monday?
Please shed some light.
Why earthquake will impact stock market ?
Sir,whats ur view on bhel,canara Bank,as last week u were giving indicators for these stocks(till this settlement). Thanks
Any body can not catch bottom nd top like you as you catch many time top in stocks nd nifty in stoks top century bharat foerg auropharma etc nifty also topped out your label 8850 now
Thanks a lot !!
Brmesh ji in my 8year experianc your weekly prediction the best in my view many blue chenl analisest can not cach mood of the markt you pick mkt moode one week before 95% your label will creckt any small investor whch fallow your bloge can not make loss thanks your analises is best I saute you
THE “WILL” TO SUCCEED IS IMPORTANT,
BUT WHAT,S MORE IMPORTANT IS THE
“WILL” TO PREPARE AND STAY DISCIPLINED.
This is what bramesh sir teaches
PLAN YOURS TRADE
TRADE YOURS PLAN…….
THANKS BRAMESH A LOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
yes, kudos for brameshji for his contributions
Gunner failed. Now it’s the turn of Murray to fail, right
Dear Prasant,
If you are not disciplined every tool will fail. Its human nature to look for excuses to hide their weakness.
Rgds,
Bramesh
tools are used to improve our actions,
Brameshji, which is the best technical indicator as per ur experience to predict direction
Follow the Price .
Rgds,
Bramesh
hi bramesh yesterday nf trend changer level 8616 and monday nf trend chang level 8406. so diffrence between 210 point.so any correction
As that level is very far we have change the TC level.
Bramesh SIR. I salute u………
Thanks a lot Sir !! We all Salute the market.
Rgds,
Bramesh