Nifty Futures Technicals for August Series

By | July 25, 2013 7:32 pm
6 Comments

FII

  • FIIs bought 11031 Index Future worth 332 cores with net Open Interest decreasing by 219456 contracts,Nothing much to read in today’s data as FII closed/rollovers their position, Will get more clarity tommrow. Can Retail traders make money in Stock market?
  • Yesterday we had discussion on channel break and today we saw the follow up down move. Nifty took exact support at 50 DMA, which is a strong support. Any close/trade below 5887 can drag nifty all the way round to 5800 odd levels. Stock specific action was seen in July series and we were able to capture almost 1.95 lakhs on Stock calls which is given in blog in morning,Traders can access the performance here http://tradingsystemperformance.blogspot.in/

nifty daily

  • Nifty Future August Open Interest Volume is at 1.80 cores with addition  of 32.9 lakhs in Open Interest, 1.34 cores got rollovered in last 5 days and  range of 6140-5935 becomes very important from August series point of view.
  • Total Future & Option trading volume at 3.07 lakh with total contract traded at 3.24 lakh , PCR (Put to Call Ratio) at 1.13.Cash market volume also surged signalling some delivery based selling and capitulation in selected stocks.
  • 6000 Nifty CE  is having highest OI at 32.2 lakhs with addition of 12 lakhs in OI,5900 CE is having second highest OI at 27 lakh with addition of 11 lakh in OI .5600-6200 CE added 43.3 lakh in OI.
  • 5900 PE OI at 37 lakh remain the highest OI , remains strong support for market . 11 lakh liquidation was seen in 5800 PE ,So range for time being remains 5900-6000.5600-6200 PE added 38.8 lakh  in OI.
  • FIIs sold in Equity in tune of 443 cores ,and DII sold 139 cores in cash segment ,INR closed at 58.86 at 5 week high month,Thanks to RBI 🙂
  • Nifty Futures Trend Deciding level is 5865 (For Intraday Traders).Nifty Trend Changer Level 5981 and Bank Nifty Trend Changer level 10780.

 

Buy above 5932 Tgt  5950,5967 and 5991(Nifty Spot Levels)

Sell below 5887 Tgt 5872,5850 and 5837(Nifty Spot Levels)

 

Live Nifty A/D charts  Click on the Link

Traders who use Pivot and Camarilla can use the following 2 sites for Hourly values and EOD values

 http://camarillapivotpoints.blogspot.com/
http://niftystockpivot.blogspot.in/

We do discussion in Live market to update Nifty levels If you are interested you can LIKE the page to get Real Time Updates.

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6 thoughts on “Nifty Futures Technicals for August Series”

  1. Manish Joshi

    Dear Brahmesh,

    I would request you for a small clarification in your FII F & O analysis articles. You generally mention Nifty trend deciding level and in bracket it is pointed out that for intra day traders, which is fine. But what about the Nifty trend changer level. Is it applicable only for intra day trade or one may use it for positional trade as well?

    Regards
    Manish Joshi

    Reply ↓
    1. Bramesh Post author

      Dear Manish,

      Nifty Trend Changer level is for positional traders. Any close below TC level Nifty will go bearish and vice versa for close above TC level.

      Rgds,
      Bramesh

      Reply ↓
  2. Balu

    Dear Bramesh

    Great levels and i never seen such a clear levels over net

    i need to know how did you calculate the target and stoploss

    also pls could you explain FII data analysis?? I mean is there is any books or practice required

    reagards
    Balu

    Reply ↓
    1. Bramesh Post author

      Dear Sir,

      Thanks.. These are covered as part of my trading course which i take on 1-1 basis.

      Rgds,
      Bramesh

      Reply ↓
  3. sauraj tripathi

    Hi bramesh,

    Started watching your blog from past few days.If you can please answer few of my queries.

    1)Can i trade in Stock future based on your recommendations
    2)Can i trade in options as per your levels.

    Regards
    sauraj

    Reply ↓

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