Nifty entering crucial supply zone,EOD Analysis

By | November 28, 2015 6:55 am


  • FII’s bought 5.4 K contract of Index Future worth 301 cores ,4 K Long contract were added by FII’s and 5.4 K  short contracts  were added by FII’s. Net Open Interest increased  by 20 K contract, so today’s rise in market was used by FII’s to enter both long and  shorts in  Index futures. How following NEWS can Bust your Trading Account
  • As we have been discussing Now 7885 should be watched going above it can see move towards 7937/7995 . Nifty moves above 7885 crossed 7937 and rallied even though many traders panicked on fall in china stock market. Follow levels with risk management is key to trading success. Till 7937 is held we can move towards 7994 where gann signal line lies, closing above it will give bullish indication for December series. Bank Nifty shows range expansion,EOD Analysis

Supply Demand

Gann Swing


  • Nifty December Future Open Interest Volume is at 1.87  core with liquidation of 5 Lakh with decrease in CoC suggesting long position were closed today. Nifty closing above rollover cost 7896.
  • Total Future & Option trading volume was   at 1.70 Lakh core with total contract traded at 1.3 lakh , PCR @0.92. Live SGX Nifty chart from 6:30-11:30
  • 8300  CE  OI at 35 lakh , wall of resistance @ 8300 .7800/8500 CE  added 21.7 lakh in OI as bears added position at higher level most of addition was seen in 8300/8500 CE.FII bought 20 K CE longs and 12.3 K CE were shorted by them.Retail bought 30 K CE contracts and 43.6 K CE were shorted were by them.
  • 7500 PE OI@ 46.9 lakhs  strong base @ 7500. 7500/8000 PE  added 26.6 lakh so bulls did adding position at 7500 signalling 7500 will be difficult to breach followed by 8000 PE .FII bought 67.6 K PE longs and 24.8 K PE were shorted by them .Retail bought 29.5 K PE contracts and 24.8 K  PE were shorted  by them.
  • FII’s sold 520 cores in Equity and DII’s bought 900 cores in cash segment.INR closed at 66.47.

Buy above 7960 Tgt 7975,8000 and 8030 (Nifty Spot Levels)

Sell below 7920 Tgt 7895,7875 and 7850 (Nifty Spot Levels)

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3 thoughts on “Nifty entering crucial supply zone,EOD Analysis

  1. Exp

    IF nifty is forming Rounding Bottom then next target should be 8100.
    Later we may see 8300 too.
    Just my view.

  2. sree krishna

    nifty is all set to rally to 8050 from here on and 8100 would be stiff resistance for this series.. in near term nifty could see 6400 levels


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