Nifty sees biggest fall of 2014 Bull Run, Whats next ?

By | January 6, 2015

FII

  • FII’s sold 137 K contract of Index Future worth 2817 cores, 117 K Long contract were squared off  by FII’s and 20.4 K  short contracts  were added by FII’s. Net Open Interest decreased  by 96  K contract ,so FII’s squared off big quantity long in Index futures in.
  • Nifty saw the biggest  decline of current bull market, Biggest falls in  Indian stock market  history saw a one side decline through out the session and is approaching support zone of 8035-8080 where we need to observe the price action. Again I would reiterate on declines like today buy quality stocks for good appreciation. Bullish Sentiments have  taken a big hit today and this will form the base for next leg of rally.

nifty hourly

nifty ff

 

  • Nifty Future Jan Open Interest Volume is at 1.91 core with liquidation of 15.4 lakh in OI. Big liquidation seen by both FII’s and retailers in todays fall.
  • Total Future & Option trading volume was   at 2.91 lakh core with total contract traded at 8 lakh. Huge volumes were seen today.
  • 8400  CE  OI at 47.9  lakh so wall of resistance @ 8400.8200/8300 CE saw addition of 33.3  lakhs so bears are back with a bang and strong resistance at 8300. FII bought 34.2 K CE and 56.4 K CE were shorted  by them.
  • 8100 PE OI@ 44.3 lakhs so strong base @ 8100. 8200/8300 PE  liquidated 18.8  lakh so bulls have to lost the ground completely. FII bought 91.5 K PE and 8 K PE  PE were shorted  by them.
  • FII’s sold 1570  cores in Equity and DII bought 1189  cores in cash segment.INR closed at 63.58

 

Buy above 8158 Tgt 8188,8218 and 8244 (Nifty Spot Levels)

Sell below 8100 Tgt 8080,8050 and 8030 (Nifty Spot Levels)

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12 thoughts on “Nifty sees biggest fall of 2014 Bull Run, Whats next ?

  1. Bramesh Post author

    Thanks for sharing your views.

    Rgds,
    Bramesh

  2. Bramesh Post author

    Will be updated when time is appropriate.

    Rgds,
    Bramesh

  3. Bramesh Post author

    There is no recipe for quick profits. Learn Earn and put in lots of hardwork.

    Rgds,
    Bramesh

  4. Bramesh Post author

    Saravananji,

    It depends on system you follow.

    Rgds,
    Bramesh

  5. saravanan

    brameshji,i trade nifty and bank nifty option position, may i know which chart i consider the best tool this mean hourly,daily,weekly or all

  6. gopijayaram

    I am newbie , i am trying to understand Nifty 7000 Put feb series , why it didnot rise even when market fell more than 3 % , howevver i see it’s risen today more than 200 % . i fail to understand the reason
    Can you please explain the secret behind this and how to tame such type of trades for quick profits .?

  7. santosh

    sirji……as 16 jan 2015 is important day ..so pls give guidelines……….as it will turning point… or bottom formation as per the past dates

  8. selvaraj

    The Fall is so stunning, and with Gap. Early warning sign for bullishness. Great Fall being forwarned

  9. Parimal Devnath

    Sir, Nifty at 100DMA, 61.8% (golden ratio), at two occassions Nifty reversed from this level, yet there is a rising wedge pattern in daily chart bottom of which comes at around 8000 NF.

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