- FII’s bought 9.8 K contract of Index Future worth 860 cores ,10.8 K Long contract were added by FII’s and 1 K Short contracts were added by FII’s. Net Open Interest increased by 11.8 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio at 0.68. Time Cycle Stock Scanner for 11-16 Nov
- Nifty closed above the gann angle has been rallying on continues basis,Now Bulls need to protect 10712 for the rally to continue till 10830/10888/10850. Bearish below 10680 for a move back to 10610/10555 Important intraday time for reversal can be at 10:12/2:24. Bank Nifty continue to rally above gann angle,EOD Analysis
- Nifty Nov Future Open Interest Volume is at 2.47 core with addition of 5.27Lakh with increase in cost of carry suggesting long position were closed today, NF Rollover cost @10243 closed above it and rallied 400 points
- 10800 CE is having Highest OI at 30.5 Lakh, resistance at 10700 followed by 10800 .10200-10900 CE liquidated 1 lakh in OI so bears covered position in range of 10600-10800. FII bought 2.5 K CE and 443 CE were covered by them. Retail sold 168 K CE and 117 K shorted CE were covered by them.
- 10500 PE OI@26.3 Lakhs having the highest OI strong support at 10500 followed by 10400 . 10000-10700 PE added 12.1 Lakh in OI so bulls added position in range 10400-10500 PE. FII sold 8.8 K PE and 1.9 K PE were shorted by them. Retail sold 152 K PE and 117 K shorted PE were covered by them.
- Total Future & Option trading volume at1 5.65 Lakh core with total contract traded at 1.01 lakh , PCR @1.18
- FII’s bought 1103 cores and DII’s sold 310 cores in cash segment.INR closed at 71.65 Currency Technical: USD INR Weekly Analysis for 05 Nov-09 Nov
- Nifty Futures Trend Deciding level is 10737 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 10465. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level
Buy above 10745 Tgt 10766,10795 and 10812 (Nifty Spot Levels)
Sell below 10700 Tgt 10675,10655 and 10630 (Nifty Spot Levels)
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