Nifty does life high, holding gann angles,EOD Analysis

By | April 25, 2017

  • FII’s sold 10.6 K contract of Index Future worth 804 cores ,20.8 K  Long contract were added  by FII’s and 31.4 K Short contracts were added by FII’s. Net Open Interest increased  by 52 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures. How to survive as a full time trader

  • Nifty April Future Open Interest Volume is at 1.67 core with addition of 1.5 Lakh with decrease in  cost of carry suggesting short position were added today, NF Rollover cost @9148 rallied almost 200 points.
  • Total Future & Option trading volume at 5.99 Lakh core with total contract traded at 1.73 lakh , PCR @1.14
  • 9300  CE  is having Highest OI  at 38.8 lakh, resistance at 9300 followed by 9400 .9000-9500 CE liquidated 24 Lakh in OI so bears ran for cover as nifty closed above 9200.FII bought 19.2 K CE longs and 2.2 K CE were shorted  by them.Retail sold 15.6 K CE contracts and 3 K  CE were shorted  by them.
  • 9100 PE OI@52.2 lakhs having the highest OI strong support at 9200 followed by 9100. 9000-9500 PE added 17 Lakh in OI so bulls added in 9100/9200 PE . FII sold 6.5 K PE and 3.5 K PE were shorted by them.  .Retail bought  91 K PE contracts and 67.8 K PE were shorted by them.
  • FII’s bought 178 cores in Equity and DII’s bought 998 cores in cash segment.INR closed at 64.26

Buy above 9330 Tgt 9347,9368 and 9385 (Nifty Spot Levels)

Sell below 9285 Tgt 9270,9250 and 9230 (Nifty Spot Levels)

Follow on Facebook https://www.facebook.com/Brameshs-Tech-14011718268586

Follow on Twitter:https://twitter.com/brahmesh

Leave a Reply