Price Time Squaring Effect:Nifty Rallies 248 points in 2 Days,EOD Analysis

By | November 18, 2017

  • FII’s bought 6.8 K contract of Index Future worth 517 cores ,9.7 K Long contract were added by FII’s and  2.9 K Short contracts were added by FII’s. Net Open Interest decreased  by 12.7 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures. FII’s Long to Short Ratio at 0.99. The tiger’s whisker

 

 

  • Nifty Nov Future Open Interest Volume is at 2.30 core with liquidation of 2.3 Lakh with decrease in  cost of carry suggesting Short position were covered today, NF Rollover cost @10280 closed above it.
  • Total Future & Option trading volume at 10.2 Lakh core with total contract traded at 1.21 lakh , PCR @1
  • 10500 CE  is having Highest OI  at 59.9 Lakh, resistance at 10500 followed by 10600 .10000-10500 CE liquidated 12 Lakh in OI so bears covered major  position  in range of 10200-10300 . FII bought 5.8 K CE and 678 CE were shorted by them. Retail bought 19.3 K CE and 26.4 K CE were shorted by them.
  • 10200 PE OI@46.3 lakhs having the highest OI strong support at 10200 followed by 10150. 10000-10500 PE added 11.5 Lakh in OI so bulls added again in 10000-10200 PE as 10200 was held. FII bought 8.6 K PE and 2.6 K PE were shorted by them. Retail bought 30.1 K PE and 20.5 K PE were shorted by them.
  • FII’s bought 1276 cores  and DII’s bought 1466 cores in cash segment.INR closed at 64.95

Buy above 10300 Tgt 10325,10350 and 10373 (Nifty Spot Levels)

Sell below 10270 Tgt 10250,10222 and 10200 (Nifty Spot Levels)

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