- FII’s sold 10.6 K contract of Index Future worth 804 cores ,20.8 K Long contract were added by FII’s and 31.4 K Short contracts were added by FII’s. Net Open Interest increased by 52 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. How to survive as a full time trader
- As discussed in last analysis Now holding 9200 we can march towards new high breaking 9274. Bearish below 9150 for a move towards 9070/9020. So we held on to 9200 as low made was 9250 and made a new all time high 9310, Now bulls are in uncharted territory 2 number to keep an eye on are 9368 and 9424 as per gann analysis. Beauty of gann we had whipsaw but rewards are totally awesome. Bank Nifty rallies 600 points holding gann support,EOD Analysis
- Nifty April Future Open Interest Volume is at 1.67 core with addition of 1.5 Lakh with decrease in cost of carry suggesting short position were added today, NF Rollover cost @9148 rallied almost 200 points.
- Total Future & Option trading volume at 5.99 Lakh core with total contract traded at 1.73 lakh , PCR @1.14
- 9300 CE is having Highest OI at 38.8 lakh, resistance at 9300 followed by 9400 .9000-9500 CE liquidated 24 Lakh in OI so bears ran for cover as nifty closed above 9200.FII bought 19.2 K CE longs and 2.2 K CE were shorted by them.Retail sold 15.6 K CE contracts and 3 K CE were shorted by them.
- 9100 PE OI@52.2 lakhs having the highest OI strong support at 9200 followed by 9100. 9000-9500 PE added 17 Lakh in OI so bulls added in 9100/9200 PE . FII sold 6.5 K PE and 3.5 K PE were shorted by them. .Retail bought 91 K PE contracts and 67.8 K PE were shorted by them.
- FII’s bought 178 cores in Equity and DII’s bought 998 cores in cash segment.INR closed at 64.26
- Nifty Futures Trend Deciding level is 9270 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 9204. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level
Buy above 9330 Tgt 9347,9368 and 9385 (Nifty Spot Levels)
Sell below 9285 Tgt 9270,9250 and 9230 (Nifty Spot Levels)
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