Nifty bounce from SHARK PRZ zone,EOD Analysis


  • FII’s bought 2.7 K contract of Index Future worth 164 cores ,8.4 K Long contract were added by FII’s and 5.7 K  short contracts were added by FII’s. Net Open Interest increased  by 14.1 K  contract, so today’s rise in market was used by FII’s to enter long and  enter shorts in  Index futures. Problems Created by Trading Loss

Nifty HarmonicSupply Demand

  • Nifty December Future Open Interest Volume is at 1.98 core with addition of 3.8 Lakh with increase in CoC suggesting long position were added today. Nifty closing below rollover cost 7896.
  • Total Future & Option trading volume was   at 1.97 Lakh core with total contract traded at 1.58  lakh , PCR @0.81.
  • 8000  CE  OI at 65.5 lakh , wall of resistance @ 8000 .7600/8000 CE  added 8.4 lakh in OI as bears added position at higher level most of addition was seen in 7800/7900 CE.FII bought 4.4 K CE longs and 10.3 K CE were shorted by them .Retail bought 5.7 K CE contracts and 9.6 K CE were shorted  by them.
  • 7500 PE OI@ 77.2 lakhs  strong base @ 7500. 7600/8000 PE  added 3.7 lakh so bulls added on 7600/7700.FII bought 36 K PE longs and 6.4 K PE were by shorted them .Retail bought 25.6 K PE contracts and 36.9 K  PE were shorted  by them.
  • FII’s sold 157 cores in Equity and DII’s bought 386 cores in cash segment.INR closed at 67.1.

Buy above 7664 Tgt 7692,7730 and 7767 (Nifty Spot Levels)

Sell below 7620 Tgt 7600,7580 and 7551 (Nifty Spot Levels)

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  1. Bramesh said:

    TD is not generated for NS its for NF only..

    December 16, 2015
  2. Bramesh said:

    Thanks for your valuable views

    December 16, 2015
  3. RAJMOHAN said:


    December 16, 2015
  4. mahadev karur said:

    Sir nifty update please

    December 16, 2015
  5. Vijay said:

    Thank you for the clarification. Cheers and Prosperous Trading 🙂

    December 15, 2015
  6. Bramesh said:

    That was an earlier pattern, this is new pattern we have been discussing from past 5-6 days

    December 15, 2015
  7. Vijay said:


    Didn’t the shark pattern get invalidated when breaking 7731? I remember having read that in an earlier post of yours.

    December 15, 2015
  8. Aditya said:

    Sir..FII have open positions always so we can not decide to go long or short based on OI data…correct me if I m wrong….thnx

    December 15, 2015
  9. Fadil said:

    Dear Sir,
    It would be helpful if you could provide the TD level in Nifty Spot.
    Thanks in advance.

    December 14, 2015
  10. Bramesh said:

    where is confusion

    December 14, 2015
  11. pradip said:

    long or short…confuseing sentence

    December 14, 2015
  12. nikku said:

    nifty 7200 possible after fed. if yes then midcap and smallcap can fall upto 30% ???

    December 14, 2015
  13. Bramesh said:

    No its correct they entered shorts

    December 14, 2015
  14. Rohit Patil said:

    Hello Sir

    Typo –

    so today’s rise in market was used by FII’s to enter long and enter shorts in Index futures.

    Should have “exit shorts”

    December 14, 2015

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