- FII’s sold 1.7 K contract of Index Future worth 278 cores 1.6 K Long contract were added by FII’s and 3.4 K Short contracts were added by FII’s. Net Open Interest increased by 5.1 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 1.37 How Comfortable you are with your trading ?
- As Discussed in Last Analysis As Today was an important time cycle date and we are seeing range contraction in index we are bound to see a good move in Nifty. Bulls will now get active above 11933 for a move back to 11975/12041. Bears will get active below 11860 for a move back to 11823/11769. 11823 done below 11860, As per Neural Analysis video we saw perfect bounce in nifty. Bulls will now get active above 11932 for a move back to 11987/12041. Bears will get active below 11870 for a move back to 11823/11769.THE MOST NEGLECTED TRADING DISCIPLINE
- Important intraday time for reversal can be at 10:25/12:22/2:31 How to Find and Trade Intraday Reversal Times
- Nifty June Future Open Interest Volume is at 1.84 core with liquidation of 6.6 Lakh with increase in cost of carry suggesting long position were closed today, NF Rollover cost @11954 closed above it.
- Total Future & Option trading volume at 24.76 Lakh core with total contract traded at 1.15 lakh , PCR @0.73
- 12000 CE is having Highest OI at 19.1 Lakh, resistance at 12000 followed by 12100 .11000-11800 CE added 1.75 Lakh in OI so bears added position in range of 11900-12000.
- 11800 PE OI@19.2 Lakhs having the highest OI strong support at 11800 followed by 11700 . 11000-11700 PE added 3.2 Lakh in OI so bulls added position in range 11700-11800.
- FII’s bought 172 cores and DII’s sold 444 cores in cash segment.INR closed at 69.50 Dollar to Rupee Forecast Lok Sabha Election Week
- Nifty Futures Trend Deciding level is 11891 For Intraday Traders). NF Trend Changer Level (Positional Traders) 11961 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level
Buy above 11932 Tgt 11959,11987 and 12014 (Nifty Spot Levels)
Sell below 11885 Tgt 11860,11843 and 11821 (Nifty Spot Levels)
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