Nifty Heading towards 11000,EOD Analysis

FII’s sold 12.2 K contract of Index Future worth 950 cores 1.6 K Long contract were added by FII’s and 13.8 K Short contracts were added by FII’s. Net Open Interest increased by 15.4 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 0.84 .Is Your Trading Brain Not letting you Succeed in Trading ?

As Discussed in Last Analysis Bulls will get active above 10816 for a move towards 10882/10941. 10882 done today now bulls need to close above 10890 for the upmove to continue towards 10931/11000. Bears will get active below 10815 for a move back to 10777/10721/10666. Low made 10819 and we closed above 10900 suggesting we will be soon moving towards 10945/11000/11050. Bears will get active below 10816 for a move towards 10777/10721. Important intraday time for reversal can be at 11:29/2:29. Bank Nifty Close above 27000,EOD Analysis

Nifty Dec Future Open Interest Volume is at 2.11 core with addition of 1.8 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @10727 closed above it.

11000 CE is having Highest OI at 44.4 Lakh, resistance at 10900 followed by 11000 .10400-11000 CE liquidated 6.7 lakh in OI so bears covered position in range of 10800-11000. FII sold 651 CE and 5.7 K shorted CE were covered by them. Retail bought 18 K CE and 3.5 K CE were shorted by them.

10800 PE OI@ 41.1 Lakhs having the highest OI strong support at 10800 followed by 17500 . 10500-11000 PE added 0.60 Lakh in OI so bulls added position in range 10700-10800 PE. FII bought 6.9 K PE and 868 PE were shorted by them. Retail bought 32.6 K CE and 44.4 K CE were shorted by them.

Total Future & Option trading volume at1 6.95 Lakh core with total contract traded at 1 lakh , PCR @0.95

FII’s bought 144 cores and DII’s sold 182 cores in cash segment.INR closed at 70.49 Indian Rupee does price time Squaring,Weekly Analysis

Nifty Futures Trend Deciding level is 10908 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 10782. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level

Buy above 10943 Tgt 10977,10999 and 11030 (Nifty Spot Levels)