Weekly F&O Expiry:Nifty Analysis

By | January 19, 2022 11:42 pm

  • FII sold 14.1  K contract of Index Future worth 1261 , Net OI has decreased by 97 contract 7.1 K Long contract were covered by FII and 7 K Shorts were added by FII. Net FII Long Short ratio at 1.48 so FII used FALL to EXIT Longs and ENTER Shorts.
  • As discussed in last analysis  I have explained in below video about Uranus impact on long term cycle of market. Today we have Sun Ingress and George Bayer Rule 27 becoming active. Bulls need to move above 18153 for a move towards 18220/18287/18354. Bears will get active below 18080 for a move towards 18012/17944/17876/17809. Also today is important gann date so gann and astro combined leads to explosive move.  We got the explosive move today as combination of Astro and Gann Cycle showed the effect.  Below 18080 did 3 target on dowside, High made was 18129 so bulls unable to close above 18153. Now Till Bears are below 17945 fall can extend towards 17828/17777/17666. Bulls have chance above 17956 for a move towards 18012/18080/18147.

  • MAX Pain is at 18000 PCR at 0.83 , Rollover cost @17280 closed above it. 
  • Nifty Jan Future Open Interest Volume is at 0.92  Cores with liquidation of 5.1 Lakh with increase in cost of carry suggesting LONG positions were closed today.
  • There is total OI of 13 Cores on the Call side and 4.19 Cores on the Put side, So, the activity is more on the CALL side, indicating option writers are  in BEARISH zone.
  • On January 18, Uranus,moves direct in the sign of Taurus,ending a five-month retrograde period that began in 20 August 2021. Che In astrology, Uranus is the modern ruler of the most “out-there” also called “Planet of Rebellion”. As Uranus continues its movement through the sign of Taurus, it can bring sudden shifts and events that challenge our collective self-worth, values, and finances. This means: Change is coming.Uranus bring long term trend changes. Last Time Uranus went Retrograde on 20 Aug 2021 Check on Chart of Nifty what happened after 20 Aug 2021.
  • The Option Table data indicates decent support at 17900 and reasonable resistance at 18100.It’s is very interesting to note that FII bought worth 11803 core options than what they sold, That is another indication for me that a directional move is round the corner.
  • FII’s sold 2704 cores and DII’s sold 195  cores in cash segment.INR closed at 74.50
  • Retailers have bought 666 K CE contracts and 549 K CE contracts were shorted by them on Put Side Retailers bought 132 K PE contracts and 129 K PE contracts were shorted by them suggesting having NEUTRAL outlook,On Flip Side FII bought 96 K CE contracts and 46 K CE were shorted by them, On Put side FII’s bought 96  K PE and 24.1 K PE were shorted by them suggesting they have a turned to NEUTRAL Bias.
  • For Positional Traders Stay long till we are holding Trend Change Level 17930 and stay short below it. That will help you stay on the side of Institutions and which has a greater risk-reward ratio. For Intraday Traders 18016 will act as a Intraday Trend Change Level.

Buy Above 17961 Tgt 17984, 18007 and 18040 (Nifty Spot Levels)

Sell Below 17910 Tgt 17885, 17860 and 17839 (Nifty Spot Levels)

Upper End of Expiry : 18105

Lower End of Expiry :17771

As always I wish you maximum health and trading success

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