Nifty continues the uptrend holding 8060,EOD Analysis

By | November 28, 2016

fii

  • FII’s sold 185 contract of Index Future worth 122 cores ,6.2 K Long contract were added by FII’s and 6.4  K short contracts were added by FII’s. Net Open Interest increased  by 12.6 K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. Positive Affirmations for Stock Trading

nifty-trending-move

  • Nifty Dec Future Open Interest Volume is at 1.47 core with addition of 6 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @8049 closed above it.
  • Total Future & Option trading volume at 2.18 Lakh core with total contract traded at 1.2  lakh , PCR @0.84.
  • 8300  CE  is having Highest OI  at 37 lakh, resistance at 8300 followed by 8500 .7900/8500 CE  added 7  lakh so bears added aggressively in 8300/8500 CE .FII bought 17.3 K CE longs and 5.8 K CE were shorted by them .Retail bought 33.2 K CE contracts and 36.2 K CE were shorted by them.
  • 8000 PE OI@70.7 lakhs having the highest OI strong support at 8000. 7900-8500 PE added 14.5 Lakh in OI so bulls  added aggressively in 8100/8000 PE. FII bought 27.4 K  PE longs  and 13.6 K PE were shorted by them .Retail bought 29.9 K PE contracts and 37.9 K PE were shorted by them.
  • FII’s sold 1436 cores in Equity and DII’s bought 1233 cores in cash segment.INR closed at 68.77

Buy above 8162 Tgt 8190,8210 and 8240 (Nifty Spot Levels)

Sell below 8110 Tgt 8082,8050 and 8033 (Nifty Spot Levels)

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