Nifty after yesterday decline of 100 points is quiet well trading in the price channel band as seen in below chart. 7864/7990 are 2 numbers which need to be watched closely in coming 3 trading session, Holding the same we can see a quick bounce to 8020/8040 and holding the same we will make a… Read More »
FII’s sold 4.1 K contract of Index Future worth 164 cores, 5.1 K Long contract were added and 9.2 K short contracts were added by FII’s. Net Open Interest increased by14.4 K contract , so FII added longs in Index futures also shorts were added almost in 1:1.8 ratio. This is what we discussed yesterday we… Read More »
Last week we gave Nifty Chopad level of 8114 and Nifty did 3 target on downside and almost did 1 target on upside. Lets analyze how to trade in September Expiry Week. Nifty Hourly Chart Nifty Hourly charts made a V shaped recovery from channel bottom now facing resistance in zone of 8130-8150, Closing above… Read More »
FII’s bought 10.7 K contract of Index Future worth 437 cores, 31.6 K Long contract were added and 20.9 K short contracts were addedby FII’s. Net Open Interest increased by 52.5 contract , so FII are adding both long and short in index futures. Nifty has done nothing from past 6 trading session and closing in… Read More »
FII’s bought 4.7 K contract of Index Future worth 191 cores, 379 Long contract were added and 4.3 K short contracts were squared off by FII’s. Net Open Interest decreased by 4 K contract , so FII are doing profit booking in short Index Futures. Nifty did another life high today @ 7969 and saw a… Read More »
FII’s bought 36214 contract of Index Future worth 1390 cores, 10.6 K Long contract were added and 25.5 K short contracts were squared off by FII’s. Net Open Interest decreased by 14.8 K contract , so after todays rise FII were covering their shorts. Nifty after Friday decline, open with second Gap up today partly filled… Read More »
FII’s bought 4311 contract of Index Future worth 162 cores, 3.2 K Long contract were added and 1 K short contracts were squared off by FII’s. Net Open Interest increased by 2.1 K contract , so after big selling on Friday FII again started buying Index Futures but in small qunatity. Nifty after Friday decline, open… Read More »
FII’s sold 72009 contract of Index Future worth 2720 cores, 44.4 K Long contract were squared off and 27.5 K short contracts were added by FII’s. Net Open Interest decreased by 16.9 K contract.FII’s went into panic mode today after a big gap down and squared off Huge Long Position in Index Futures which were getting… Read More »
FII’s sold 29978 contract of Index Future worth 1145 cores, 24.1 K Long contract were squared off and 5.8 K short contracts were added by FII’s. Net Open Interest decreased by 18.2 K contract. With fall of 127 points FII’s have added few shorts and mostly profit booking in existing long contracts. As discussed yesterday EW… Read More »
This is what we discussed yesterday Bounce was on back of low volumes and will not be surprised nifty retracing the whole up move tomorrow. 34 HEMA @ 7773 needs to be closely watched tomorrow. As per EW also Nifty made short term top of 7837 and can see a downmove till 7581. Global markets… Read More »