Nifty 14 July Weekly Expiry Analysis

By | July 14, 2022 8:44 am

FII bought  5.8 K  contract of Index Future worth 566 cores, Net OI has decreased by 14.9 K contract 4 K Long contract were covered by FII and 10.9 K Shorts were covered by FII. Net FII Long Short ratio at 0.23 so FII used rise to exit long and exit short in Index Futures.

As Discussed in Last Analysis   As Discussed in below video we have Venus Conjunct Uranus HELIO Aspect and Lunar Cycle so we can see good upmove tommrow. Bulls need to close above 16157 now waiting for target of 16221/16284/16347. Bears will get active below 15988 for a move towards 15929/15866.  Nifty Bulls opened with gap up but unable to close above 16157, Bears below 15988 now waiting for 15929/15866 till we are below 15988. Today again we will see gap down open .Bulls need to close above 16202 now waiting for target of 16084/16147.

Intraday time for reversal can be at 9:16/10:53/11:47/12:47/1:45/2:39  How to Find and Trade Intraday Reversal Times

MAX Pain is at 16000 PCR at 0.93 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 liquidation of 2.9 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 54 lakh contracts was seen at 16000 strike, which will act as a crucial resistance level and Maximum PUT open interest of 54 lakh contracts was seen at 15800  strike, which will act as a crucial Support level. There is total OI of 10.2 Cr on the Call side and 8.2 Cr on the Put side. So, the activity is more on CALL side indicating Option Writers are having BEARISH Bias.

FII’s sold 2839 cores and DII’s bought 1799 cores in cash segment.INR closed at 79.71

Above 16108 rally towards 16573 as per Musical Octave. Failed to close above 16108 heading towards 15642 till below 16108.

Retailers have bought 711 K CE contracts and 524 K CE contracts were shorted by them on Put Side Retailers bought 145 K PE contracts and 123 K PE shorted contracts were covered by them suggesting having Bullish outlook,On Flip Side FII sold 37.5 K CE contracts and 20 K CE were shorted by them, On Put side FII’s bought 7.3 K PE and 1.7 K PE were shorted by them suggesting they have a turned to neutral Bias.

THE GREATEST WEAKNESS I can give you the best rules in the world and the best methods to trade,still you can lose money on account of the human element, which is your greatest weakens

For Positional Traders Stay long till we are holding Trend Change Level 15962 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 16048 will act as a Intraday Trend Change Level.


Buy Above 15992 Tgt 16018, 16045 and 16087 (Nifty Spot Levels)

Sell Below 15943 Tgt 15920, 15885 and 15848 (Nifty Spot Levels)

Upper End of Expiry : 16094

Lower End of Expiry : 15785

As always I wish you maximum health and trading success

Category: Nifty Weekly Expiry Nifty50

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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