- FII’s bought 9.7 K contract of Index Future worth 878 cores ,1.7 K Long contract were added by FII’s and 8 K Short contracts were covered by FII’s. Net Open Interest decreased by 6.2 K contract, so rise in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short Ratio at 1. Are you Victim of Sleep Disorder?
- As discussed in last analysis Low made was 10261 so bulls protected 10250, upmove can continue till 10388/10430/10490/10560. Bearish below 10200 for a move towards 10100/10000. We have another important trend change date coming on 22 Nov. High made was 10358 and Low made was 10315 so bulls continue to move higher as tommrow is trend change date so bulls need a close above 10325 for a move towards 10388/10430/10490/10560. Bearish only below 10270 for a move towards 10200/10130/10090. Will Bank Nifty Bulls close above 25776 on Trend Change Date
- Nifty Nov Future Open Interest Volume is at 2.21 core with liquidation of 9.5 Lakh with increase in cost of carry suggesting short position were added today, NF Rollover cost @10280 closed above it.
- Total Future & Option trading volume at 4.95 Lakh core with total contract traded at 0.87 lakh , PCR @1.04
- 10500 CE is having Highest OI at 61.6 Lakh, resistance at 10500 followed by 10600 .10000-10500 CE liquidated 15.8 Lakh in OI so bears covered major position in range of 10400-10500 . FII bought 1.9 K CE and 3.8 K CE were shorted by them. Retail bought 53 K CE and 45.4 K CE were shorted by them.
- 10300 PE OI@53.9 lakhs having the highest OI strong support at 10300 followed by 10200. 10000-10500 PE added 8.2 Lakh in OI so bulls added again in 10100-10300 PE as 10250 was held. FII bought 11.6 K PE and 8.4 K PE were shorted by them. Retail bought 75.9 K PE and 48 K PE were shorted by them.
- FII’s sold 727 cores and DII’s bought 825 cores in cash segment.INR closed at 64.89
- Nifty Futures Trend Deciding level is 10365 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 10344. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level
Buy above 10335 Tgt 10352,10375 and 10395 (Nifty Spot Levels)
Sell below 10300 Tgt 10270,10252 and 10220 (Nifty Spot Levels)
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