NIFTY Analysis as Astro Shows Effect

• FII sold 1 K contract of Index Future worth 18 cores, Net OI has increased by 7.8 K contract 3.4 K Long contract were added by FII and 4.4 K Shorts were added by FII. Net FII Long Short ratio at 1.55 so FII used fall to enter longs and enter shorts.

• As discussed in Last Analysis  Now As we have Weekly expiry combined with astro date so should see good move in Nifty. Now Bulls need to move above 15301 for a move back to 15355/15417/15479. Bears below 15191 for a move back to 15129/15068 15007. 2 Bearish target done on downside and we saw the effect of astro date as we have discussed in below video. Now Bears need to break 15014 for a fall till 14976/14920/14864. Bulls need to move above 15170 for a move back to 15220/15280/15325.

• Intraday time for reversal can be at  10:40/11:13/11:49/12:30/2:05  How to Find and Trade Intraday Reversal Times

• Total Future & Option trading volume at 80.1 Lakh core with total contract traded 1.26 lakh , PCR @0.93

• Nifty Feb Future Open Interest Volume is at 1.09  Cores with liquidation of 2.2  Lakh with decrease in cost of carry suggesting SHORT position were closed today, NF Rollover cost @14217 closed above it. 

• 15300 CE is having Highest OI at 15.7 Lakh, resistance at 15300 followed by 15400.15300-15500 CE added 14 Lakh in OI so bears added in range of 15300-15500.

• 15000 PE OI@15 Lakhs having the highest OI strong support at 15000 followed by 14900. 15000-15300 PE added 18 Lakh in OI so bulls addded position in range 15000-15200.

• FII’s bought 903 cores and DII’s sold 1217 cores in cash segment.INR closed at 72.72

• Nifty Futures Trend Deciding level is 15152  (For Intraday Traders). NF Trend Changer Level (Positional Traders) 15241  How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level

Buy Above 15100 Tgt 15135,15160 and 15191 (Nifty Spot Levels)

Sell Below 15045 Tgt 15015,14980 and 14943  (Nifty Spot Levels)