Nifty ready for Big move, EOD Analysis

FII’s bought 8.6 K contract of Index Future worth 626 cores ,950 Long contract were added by FII’s and 7.7 K Short contracts were covered by FII’s. Net Open Interest decreased by 6.7 K contract, so rise in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short Ratio at 0.73 .How to stay grounded in Trading.

As Discussed in Last Analysis We have expiry today break of 10340 can see fast move towards 10280/10224. Bullish above 10410 for a move towards 10470/10512/10570. Any close below 10224 can see fast down move towards 10123/10090/10000.Today is another important time cycle date, good move will be seen in nifty in coming 2 days. Low made today was 10340.65 and high made was 10397 so we traded in neutral zone, Today was an important time cycle date break of high and low can see fast move of 150-200 points . Bullish above 10410 for a move towards 10460/10512/10555/10620. Bearish below 10340 for a move towards 10270/10220. Important intraday time for reversal can be at 11:16/1:30.Bank Nifty ready for Big move, EOD Analysis

Nifty March Future Open Interest Volume is at 1.69 core with addition of 7.5 Lakh with increase in cost of carry suggesting Long position were added today, NF Rollover cost @10395 and rollover %@60.6 lower than last 2 months

Total Future & Option trading volume at 14.03 Lakh core with total contract traded at 2 lakh , PCR @0.87

FII’s sold 2335 cores and DII’s bought 1059 cores in cash segment.INR closed at 65.06

Nifty Futures Trend Deciding level is 10382 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 10382 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level

Buy above 10410 Tgt 10430,10450 and 10477 (Nifty Spot Levels)