Nifty continue to hold 8210,EOD Analysis

By | June 21, 2016 9:48 pm


  • FII’s sold 9.6 K contract of Index Future worth 570 cores ,6.3 K Long contract were liquidated by FII’s and 3.3  K short contracts were added by FII’s. Net Open Interest decreased  by 3 K  contract, so fall in market was used by FII’s to exit  long and enter  shorts  in  Index futures.Do you have Trading Regrets

nifty gann trendline

  • Nifty June Future Open Interest Volume is at 1.68  core with liquidation of 5.8 Lakh with increase in cost of carry suggesting long  position were closed today, NF  Rollover cost @7961 closed above it
  • 8300  CE  is having Highest OI  at 60.9 lakh, resistance at 8300 .8300/8600 CE  added 5.5 lakh so bears forming resistance at higher levels 8300-8400 zone  .FII bought 7.9 K CE longs and 7 K CE were shorted by them .Retail bought 31.9 K CE contracts and 14.3 K CE were shorted  by them.
  • 8000 PE OI@80.7 lakhs having the highest OI strong support at 8000. 8000-8600 PE added 6.4 Lakh in OI so bulls making strong base near 8000-8100 zone .FII sold 9  K PE longs  and 7.4 K  PE were  shorted by them .Retail bought 20.8 K PE contracts and 14.8 K  PE were shorted by them.
  • FII’s bought 484 cores in Equity and DII’s sold  335  cores in cash segment.INR closed at 67.49

Buy above 8230 Tgt 8250,8280 and 8303 (Nifty Spot Levels)

Sell below 8190 Tgt 8170,8145 and 8120 (Nifty Spot Levels)

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Category: Nifty Options Data

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.

7 thoughts on “Nifty continue to hold 8210,EOD Analysis

    1. Bramesh Post author

      its an event which should be ignored.. media is creating a buzz out of no where..

  1. Preet

    European markets has declared Brexit non event.First european markts fell 3 to 4% last week and this week rose 3 to 4 %.So net net they are going neutral into the event thinking no brexit will not happen taking recent polls into account which heavily favour Remain In votes.Now coming back to indian markets Exit of Rbi governor is perceived negative by FIIs.So expect range bound markets for some sessions.

  2. SKD

    Dear Brameshji, kindly check for PCR once again, as it is around 1.3 as per some other websites and news channels.


  3. KT

    Dear Bramesh Sir,
    Pls can you share ur thoughts on Nifty & Bank Nifty In view of Brexit referandum ?


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