Nifty 08 Sep Weekly Expiry Analysis

By | September 7, 2022 9:08 pm

FII sold 1 K contract of Index Future worth 71 cores, Net OI has increased by 3.8 K contract 1.4 K Long contract were added  by FII and 2.4 K Shorts were added  by FII. Net FII Long Short ratio at 0.24 so FII used rise to enter long and enter short in Index Futures.

As Discussed in Last Analysis  Important Astro Dates strats from 08 Sep so tommrow can be another day with Voaltile moves like we saw today, Swing Trade Plan is Bullish above 17656 for a move towards 17723/17791/17858, Bears will get active below 17589 for a move towards 17522/17455.  We have important Aspect tommrow of Moon and Saturn as discussed in below video. First 15 Mins HIgh and Low should decide the trend of the market. Swing Trade Plan is Bullish above 17656 for a move towards 17723/17791/17858, Bears will get active below 17589 for a move towards 17522/17455.

Intraday time for reversal can be at 09:25/10:08/11:50/12:36/1:10/2:15 How to Find and Trade Intraday Reversal Times

MAX Pain is at 17600 PCR at 0.81 PCR below 0.85 and above 1.3 lead to trending moves, and in between leads to range bound markets.

Maximum Call open interest of 45 lakh contracts was seen at 17700 strike, which will act as a crucial resistance level and Maximum PUT open interest of 35 lakh contracts was seen at 17500 strike, which will act as a crucial Support level

Nifty Sep Future Open Interest Volume is at 1.28 Cores with liquidation of 0.18 Lakh with increase in cost of carry suggesting Long positions were closed today.

Nifty rollover cost @ 17655 and Rollover @76.6 % Closed above the rollover level suggesting bias is Bullish

FII bought 26.9 K CE and 32.5 K CE were shorted by them. FII bought 47  K PE and 92.3 K shorted PE were covered by them. Bias Bullish

Retailers bought 476 K CE and 369 K CE were shorted by them. Retailers bought 238 K PE and 198 K PE were shorted by them. Bias Bearish

FII’s bought 758 cores and DII’s sold 138 cores in cash segment.INR closed at 80.06

#NIFTY50 READY for another 500 points move as per musical octave 18058- 17551-17044 take the side and ride the move !!

“Let the market tell you what you are going to make. Anytime you say ‘I have to…’ you’re in for potential trouble. Remember: The market doesn’t care about you.”


Positional Traders Trend Change Level is 17619 on Futures go long and short above/below it That will help you stay on the side of Institutions and which has a greater risk-reward ratio. Intraday Traders 17608  will act as a Intraday Trend Change Level.

Buy Above 17676 Tgt 17700, 17729 and 17777 (Nifty Spot Levels)

Sell Below 17610 Tgt 17576, 17530 and 17500 (Nifty Spot Levels)

Upper End of Expiry : 17829 

Lower End of Expiry : 17472

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.

Leave a Reply