Moon Declination : Nifty Analysis for 12 Jul

By | July 11, 2022 11:09 pm

FII sold 6.6  K  contract of Index Future worth 524 cores, Net OI has increased by 7.4 K contract 413 Long contract were added by FII and 7 K Shorts were covered by FII. Net FII Long Short ratio at 0.35 so FII used rise to enter long and enter short in Index Futures.

As Discussed in Last Analysis   2 target done and we have seen side ways move as next important astro date is on 12-13 July so monday can be also sideways day. Bulls were able to close above 16236 now waiting for target of 16299/16362/16426. Bears will get active below 16172 for a move towards 16108/16046. Bulls were unable to close above 16236, Tommrow we have Moon Declination so watch out first 15 mins High and Low to take trade. Moon/Mercury/Jupiter  has big impact on Nifty also tommrow we have Mercury Square Jupiter HELIO aspect. Bulls need to close above 16236 now waiting for target of 16299/16362/16426. Bears will get active below 16172 for a move towards 16108/16046. 

Intraday time for reversal can be at 9:24/10:43/11:40/12:15/1:53/2:46   How to Find and Trade Intraday Reversal Times

MAX Pain is at 16200 PCR at 0.85 PCR below 0.87 and above 1.3 lead to trending moves, and in between leads to range bound markets.

Nifty July Future Open Interest Volume is at 1.18 Cores with addition of 9.9 Lakh with decrease in cost of carry suggesting Long positions were closed today.

Nifty rollover cost @ 15801  and Rollover @66.1 % Closed above the rollover level suggesting bias is Bullish

Maximum Call open interest of 39 lakh contracts was seen at 16300 strike, which will act as a crucial resistance level and Maximum PUT open interest of 50 lakh contracts was seen at 16000 strike, which will act as a crucial Support level. There is total OI of 6.2 Cr on the Call side and 7.2 Cr on the Put side. So, the activity is more on PUT side indicating Option Writers are having BULLISH Bias.

FII’s sold 170 cores and DII’s bought 296 cores in cash segment.INR closed at 79.59

As per Musical Octave  Above 15642 Rally towards 16108. 16108 done now till we are holding 16108 rally towards 16573

Retailers have bought 335 K CE contracts and 317 K CE contracts were shorted by them on Put Side Retailers bought 616 K PE contracts and 568 K PE shorted contracts were added by them suggesting having Bearish outlook,On Flip Side FII bought 51.1 K CE contracts and 45.8 K CE were shorted by them, On Put side FII’s bought 74.6 K PE and 46 K PE were shorted by them suggesting they have a turned to neutral Bias.

Another trigger for over trading is the assumption that if you work a lot,you will gets a lot of money. This principle works in our Life in many areas. When it comes to trading, the opposite is usually true -less is more!

For Positional Traders Stay long till we are holding Trend Change Level 15935 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 16166 will act as a Intraday Trend Change Level.


Buy Above 16250 Tgt 16271, 16300 and 16326 (Nifty Spot Levels)

Sell Below 16200 Tgt 16175, 16150 and 16125 (Nifty Spot Levels)

As always I wish you maximum health and trading success

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