Nifty 19 Jan 2023 Weekly Expiry Analysis

By | January 19, 2023 8:45 am

FII bought 19.9 K contract of Index Future worth  1926 cores, Net OI has decreased by 132 contract 9.9 K Long contract were added by FII and 10 K Shorts were covered by FII. Net FII Long Short ratio at 1.04 so FII used ride to enter Long and exit  short in Index Futures.

As Discussed in Last Analysis 

Mercury Retrograde is getting over tommrow its crucial day based on past data as shown and discussed in below video. Nifty will Open gap down Sun is moving in Aquarius and Venus Opposition Mercury HELIO also Moon at extreme declination so nifty should see good move today as per levels give below for both intraday and Swing Levels.

For Swing Traders Bulls need to move above 18094 for a move towards 18040/ 18161/18228/18294. — Waiting for 18228/18294 till above 18094

Bears will get active below 18025 for a move towards 17961/17894

NIfty has finally closed above 20 SMA now price can target 18256-18288 zone where 50 SMA lies.

Intraday time for reversal can be at 9:15/10:02/10:55/1:07/2:13/2:45   How to Find and Trade Intraday Reversal Times

MAX Pain is at 18100 PCR at 1.1 Markets tend be range-bound when PCR OI (Open Interest) ranges between 0.90 and 1.05. 

Maximum Call open interest of 40 lakh contracts was seen at 18200 strike, which will act as a crucial resistance level and Maximum PUT open interest of 32 lakh contracts was seen at 18000 strike, which will act as a crucial Support level

Retailers have bought 47.4 K CE contracts and 136 K CE contracts were shorted by them on Put Side Retailers bought 109 K PE contracts and 787 K PE shorted contracts were added by them suggesting having BEARISH outlook.

FII bought 57  K CE contracts and 10 K CE were shorted by them, On Put side FII’s bought 14.1 K PE and 124 K PE were  shortedby them suggesting they have a BULLISH Bias.

Nifty Jan Future Open Interest Volume is at  1.15 Cr with liquidation of 2.1 Lakh with increase in Cost of Carry suggesting Long positions were closed today.

Nifty Rollover cost @18178 and Rollover % @72.5  Closed below it. 

Nifty has again bounced from 50% point now need close above 18066 for trend to change from SELL of RISE to BUY on DIPS. TIll 18066 is held trend is BUY ON DIPS.


FII’s sold 319 cores and DII’s bought 1225 cores in cash segment.INR closed at 81.40

#NIFTY50  as per musical octave trading path can be 17799-18066-18336 take the side and ride the move !!


Do not trade with tiny account, Its better to paper trade and build yourself until there is reasonable amount in your account. The market will wait for you. You want odds to be with you not against you, so be patient with right amount of capital.

Positional Traders Trend Change Level is 18093 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 18169 will act as a Intraday Trend Change Level.

Intraday Trading Levels

Buy Above 18127 Tgt 18166, 18199 and 18221 (Nifty Spot Levels)

Sell Below 18099 Tgt 18066, 18033 and 18001 (Nifty Spot Levels)

Upper End of Expiry : 18280

Lower End of Expiry : 18001

As always I wish you maximum health and trading success

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