Nifty close above 7151,EOD Analysis

By | February 18, 2016 10:51 pm

FII

  • FII’s bought 8.4 K contract of Index Future worth 442 cores ,26.7 K Long contract were added by FII’s and 18.3 K short contracts were added by FII’s. Net Open Interest increased  by 45 K contract, so rise in market was used by FII’s to enter  long and  enter shorts in  Index futures. Ingredient to become great trader

Black Swan Harmonic Pattern

 

  • Nifty February Future Open Interest Volume is at 2.16 core with addition of  5.2 Lakh with decrease in cost of carry suggesting short position were added today, Nifty Future closed below the Rollover cost  @7419 and gave 500 points profits till now
  • 7400  CE  OI at 59.9 lakh , wall of resistance @ 7400 is shifting upwards, clue we might break 7234 .6900/7300 CE liquidated 15 lakh in OI major liquidation was seen in 7100/7300 CE .FII bought 25.8 K CE longs and 13.8 K CE were shorted by them .Retail sold 27.9  K CE contracts and 1.5 K shorted  CE were covered by them. FII going bullish and retailers bearish by buying PE.
  • 7000 PE OI@57.2 lakhs having the highest OI strong support at 6950/7000 . 6900/7300 PE  added 12  lakh so bulls added in 7000/7100.FII sold 25.9 K PE longs  and 1.3 K shorted  PE were covered by them .Retail bought 53.2 K PE contracts and 7.2  K  PE were shorted  by them.
  • FII’s sold 532 cores in Equity and DII’s bought 712 cores in cash segment.INR closed at 68.45

Buy above 7200 Tgt 7225,7240 and 7265 (Nifty Spot Levels)

Sell below 7170 Tgt 7141,7120 and 7090 (Nifty Spot Levels)

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Category: black swan harmonic pattern

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

8 thoughts on “Nifty close above 7151,EOD Analysis

    1. Bramesh Post author

      We cannot control market.. We need to respond as per market.. Again if you would have taken long it would have rewarded by 50 points.

      Reply
    1. Bramesh Post author

      There was a buld deal of Max India of 940 cr thats why its showing positive.. if you leave that number overall they were sellers..

      Reply

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