Nifty trading near gann arc,EOD Analysis


  • FII’s sold 7.3 K contract of Index Future worth 386 cores ,4.1 K Long contract were liquidated by FII’s and 3.1 K short contracts were added by FII’s. Net Open Interest decreased  by 0.9 K contract, so fall in Nifty market was used by FII’s to exit long and  enter shorts in  Index futures.Which type of a trader are you?
  • Nifty after turning from the butterfly PRZ zone and also made high near the gann arc, suggesting resistance will be strong as its confluence of  different studies  is happening,As per gann analysis 7741 will play crucial role in April series,Closing above it nifty can move towards 7968 below it 7519 is on cards.   Bank Nifty in consolidation mode,EOD Analysis

Daily Gunner

  • Nifty April Future Open Interest Volume is at 1.85 core with liquidation of  3.5 Lakh with decrease in cost of carry suggesting short position were closed today, NF  Rollover cost @7740.
  • 8000  CE  is having Highest OI  at 55.8 lakh, resistance at 8000 .7500/8000 CE  added 20 lakh so bears added in range of 7900/8000 .FII bought 3 K CE longs and 26.8 K CE were shorted  by them .Retail bought 37 K CE contracts and 6.8 K CE were shorted  by them.
  • 7500 PE OI@44 lakhs having the highest OI strong support at 7500. 7000-7600 PE added 58.1  Lakh in OI so strong base near 7500/7400 .FII bought 51 K PE longs  and 8.5 K PE were shorted  by them .Retail bought 28.3 K PE contracts and 30.8 K PE were shorted  by them.
  • FII’s bought 241 cores in Equity and DII’s sold 520 cores in cash segment.INR closed at 66.24

Buy above 7742 Tgt 7770,7803 and 7850 (Nifty Spot Levels)

Sell below 7700 Tgt 7672,7645 and 7610 (Nifty Spot Levels)

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  1. Abhay Dubey said:

    The effect showed today. All thanks to your analysis! Thank you.

    April 5, 2016
  2. Bramesh said:

    Dear Abhayji,

    Its 51 K

    April 5, 2016
  3. Abhay Dubey said:

    FII bought 51 K PE longs and 8.5 K PE were shorted by them.

    Bramesh ji, is it 51k or 5.1k?

    April 4, 2016
  4. gopal said:

    everything is in nse website..

    April 4, 2016
  5. Bramesh said:

    Its done based on an excel program i have developed.

    April 3, 2016
  6. Tushar said:

    Sir plz ans my query if possible…it would be a great help…

    April 3, 2016
  7. Amuthan Sekar said:

    Thank you very much Bramesh…

    April 3, 2016
  8. Amuthan Sekar said:

    Please answer first comment….I have the same question.

    April 3, 2016
  9. Anuj Aggarwal said:

    Dear Brahmesh,

    Nifty Futures Trend Deciding Level = 7764 ( Positional )
    I would like to know if this gets crossed in day and sustains for more than 10 minutes shall we create long term positions and buy nifty futures?

    How this exactly works?

    I have read the article but still a bit unclear.

    April 3, 2016
  10. Tushar said:

    Sir where to find how much ces pes bought shorted by fii dii or retailers?? Can u plz share the link

    April 3, 2016

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