Nifty Weekly Expiry Analysis

By | December 9, 2020 9:08 pm

  • FII bought 5.9 K contract of Index Future worth 597 cores, Net OI has increased by 133 contract, 3 K Long contract were added by FII and 2.8 K Shorts were covered by FII. Net FII Long Short ratio at 3.3 So FII used rise to enter longs and exit shorts.
  • As Discussed in Last Analysis Now today Sun and Moon are making aspect in Helio also we have formed an DOJI today suggesting big move will be seen in next 2 trading sessions. Bulls need to move above 13441  for a move back to 13499/13558/13616. Bears below 13370  for a move back to 13320/13261/13204. As discussed in below video we got the big move as per expecation. Bank Nifty low 13449 so bulls got entry and high made 13548 hit our 2 target  Gann and Astro Date Rocks,Now Bulls need to move above 13565 for a move back to 13623/13681/13740. Bears below 13498 can fall till 13449/13405/13333.

  • Total Future & Option trading volume at 26.1  Lakh core with total contract traded 1.17 lakh , PCR @0.97
  • Nifty Dec Future Open Interest Volume is at 1.24 Cores with addition of 1.94 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @12984 closed above it.
  • 13600 CE is having Highest OI at 20.5 Lakh, resistance at 13600 followed by 13650.13500-13700 CE added 10.2 Lakh in OI so bears added in range of 13500-13700.FII bought 13.3 K CE and 4.1 K CE were shorted by them. Retailers sold 41 K CE and 4.4  K shorted  CE were covered by them.
  • 13100 PE OI@29.5 Lakhs having the highest OI strong support at 13100 followed by 13000. 12800-13000 PE added 22  Lakh in OI so bulls addded position in range 13000-13100.FII bought 12.2 K PE and 19.5 K shorted PE were covered by them. Retailers bought 176 K PE and 106 K PE were shorted by them.
  • FII’s bought 3564 cores and DII’s sold 2483cores in cash segment.INR closed at 73.72

Buy Above 13555 Tgt 13576,13599 and 13636 (Nifty Spot Levels)

Sell Below 13496 Tgt 13470,13435 and 13405 (Nifty Spot Levels)

Upper End of Expiry :13663

Lower End of Expiry :13395

Category: Nifty Weekly Expiry

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.

3 thoughts on “Nifty Weekly Expiry Analysis

  1. Ashwin Kumar H

    Hello Bramesh Sir…I read your articles daily…They are very meaningfule and fuilled with Knowledge. I am also reading financial astrology books and tryign to learn to predict the market. Howver I am confused if we must follow indian sidereal planetary movements and birth chart or the tropical planetary movements and birth chart. Example- Sun is in aries in sidereal in February 29, 2020 where as in tropical it is 19-Mar-2020. Please suggest.

    Reply

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