Nifty August Series Expiry Analysis

By | August 29, 2018 9:00 pm

  • FII’s sold 11.3 K contract of Index Future worth 995 cores ,1.6 K Long contract were covered by FII’s and 9.7 Short contracts were covered by FII’s. Net Open Interest increased  by 8.1 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures.  FII’s Long to Short Ratio at 1.03.Honored to be part Online Trading Summit
  • As Discussed in Last Analysis  11760 done and close at 11738, Bulls need to hold 11664 for upmove to continue towards 11808/11880. Bearish below 11620 for a move back to 11570/11500.Tomorrow is important trend change date as per time cycle. Bears were not able to break 11664 as low made was 11678, as today was time cycle date today low and high are very important break of any side can easily give move of 75-100 points. Bearish below 11664 for a move back to 11610/11570. Bullish above 11755 for a move back to 11810/11855. We should see good move in Nifty in next 2 days. Important intraday time for reversal can be at 11:46/2:46. Bank Nifty August Series Expiry Analysis


  • Nifty Aug Future Open Interest Volume is at 1.62 core with liquidation of 38 Lakh with increase in  cost of carry suggesting short position were added today, NF Rollover cost @11149 closed above it.
  • 11800 CE  is having Highest OI  at 31.8 Lakh, resistance at 11750 followed by 11800 .11500-11800 CE added 7.5 lakh in OI so bears  added position in range of 11750-11800 CE. FII sold 9.5K CE and 4.3 K shorted  CE were covered  by them. Retail bought 70 K CE and 29.3 K  CE were shorted  by them.


  • 11500 PE OI@30.8 lakhs having the highest OI strong support at 11650 followed by 11600 . 11500-11800 PE liquidated 27.1 Lakh in OI so bulls covered position in range 111500-11600 PE. FII bought 7.4 K PE and 10 K  PE were shorted by them. Retail sold 64 K PE and 10.7 K shorted PE were covered by them.
  • Total Future & Option trading volume at1 10.80 Lakh core with total contract traded at 1.38 lakh , PCR @1.13



Buy above 11710 Tgt 11725,11750 and 11767 (Nifty Spot Levels)

Sell below 11680 Tgt 11666,11640 and 11615 (Nifty Spot Levels)

Upper End of Expiry:11767

Lower End of Expiry:11615

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Category: Daily

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.

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