Nifty Feb 2022 Monthly Expiry Analysis

By | February 23, 2022 11:48 pm

FII bought 1.2 K contract of Index Future worth 79 cores, Net OI has increased by 8.7 K contract 4.9 K Long contract were added by FII and 3.7 K Shorts were added by FII. Net FII Long Short ratio at 1.20  so FII used fall to enter long and enter short in Index Futures.

As discussed in Last Analysis  Again a gap down open and intraday recovery tommrow we have 2 important Astro event Moon at Descending Node and Venus at Extreme Declination suggesting note down first 15 mins High and Low and take trade accordingly. We are back to magic 1×1 Gann line as discused in below video, For Swing Traders Long above 17133 for a move towards 17198/17263/17328. Bears will get active below 17069 for a move towards 17004/16939. Today High and low will be important for swing trade till Friday based on Astro event today. For Swing Traders Long above 17124 for a move towards 17198/17250. Bears will get active below 16987  for a move towards 16911/16800


Intraday time for reversal can be at 9:51/11:10/12:19/1:17/2:26 How to Find and Trade Intraday Reversal Times

MAX Pain is at 17100 PCR at 0.95 ,  Rollover cost @17295 closed below it. 

Nifty Feb Future Open Interest Volume is at 0.56  Cores with liquidation of 20 Lakh with decrease in cost of carry suggesting LONG positions were closed today.

The Option Table data indicates decent support at 17000 and reasonable resistance at 17200. There is total OI of 9.46 Cores on the Call side and 6.93 Cores on the Put side, So, the activity is more on the CALL side, indicating option writers are  in BEARISH zone.

The critical quality needed to make money in this kind of market, where trends will flip on no notice is: Extreme flexibility Be prepared to flip your positions and trades with market flavour.It is always the minority which wins in the markets. So, be open for possibilities.

Retailers have bought 553  K CE contracts and 427 K  CE contracts were shorted  by them on Put Side Retailers bought 168 K PE contracts and 205 K  PE  contracts were shorted by them suggesting having BULLISH outlook,On Flip Side FII bought 75.7 K CE contracts and 31 K CE were shorted by them, On Put side FII’s bought 48 K PE and 19.4 K PE were shorted by them suggesting they are still having  to BEARISH Bias

FII’s sold  3417 cores and DII’s bought 3024 cores in cash segment.INR closed at 74.89

For Positional Traders Stay long till we are holding Trend Change Level 17059  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 17141 will act as a Intraday Trend Change Level.

  Buy Above 17083 Tgt 17103, 17124 and 17180 (Nifty Spot Levels)

Sell Below 17020 Tgt 16987, 16950 and 16911 (Nifty Spot Levels)

                                                                                    Upper End of Expiry : 17281

                                                                                    Lower End of Expiry : 16844

As always I wish you maximum health and trading success

Category: Daily Nifty Expiry Levels

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.

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