Nifty December Series Outlook

By | November 26, 2015

FII

  • Nifty continued with small range play stuck between 2 EMA’s   as shown in 2 chart suggesting big trending move is round the corner, Now 7885 should be watched going above it can see move towards 7937/7995 . On Downside break of 7825 again will revisit 7765/7714.Bank Nifty December Series Outlook

Gann Swing

Supply Demand

 

  • Nifty December Future Open Interest Volume is at 1.87 core with addition of 47 Lakh,Rollover for NF stands @65.8 % and rollover cost 7896.
  • Total Future & Option trading volume was   at 4.98 Lakh core with total contract traded at 1.62 lakh , PCR @1.03. Live SGX Nifty chart from 6:30-11:30 http://sgxrtchart.blogspot.in/
  • 8200  CE  OI at 31.4 lakh , wall of resistance @ 8200 .8100 CE  added 7.8 lakh in OI as bears added position at higher level.
  • 7500 PE OI@ 43.7 lakhs  strong base @ 7500. Range for NF comes at 7500-8200 at the start of the series.
  • FII’s sold 398 cores in Equity and DII’s bought 948 cores in cash segment.INR closed at 66.32.

Buy above 7890 Tgt 7909,7935 and 7975 (Nifty Spot Levels)

Sell below 7865 Tgt 7844,7810 and 7780 (Nifty Spot Levels)

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4 thoughts on “Nifty December Series Outlook

  1. Rajveer

    Thanks for the thorough analysis. The recent bounce bank will likely fail near 8000 and we will make new lows to end the year. Market has simply not corrected enough to justify its current valuation.

  2. chitrajan

    as always good levels to trade Just a month back only we go through your website Had we seen it earlier we might have avoid loses. Excellent free service sir thank you

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