Nifty Sep Expiry Analysis

By | September 26, 2018

  • FII’s bought 3.8 K contract of Index Future worth 279 cores ,4.2 K Long contract were covered by FII’s and 405 K Short contracts were added by FII’s. Net Open Interest increased  by 4.6 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 0.91.  Volatility is here- Tips For Traders In Volatile Markets
  • As Discussed in Last Analysis   Bulls closed above 11105 after a volatile session now till we are above 10944 bulls have upper hand and can move towards 11143/11181. Bearish below 10930 for a move back to 10870/10800. Low made today 10993 so bulls continue to close above 11000,Above 11076 bulls have upper hand and can move towards 11143/11181.Bearish below 10980 for a move back to 10930/10870/10800.   Important intraday time for reversal can be at 10:37/2:39/3:06. Bank Nifty Sep Expiry Analysis

 

  • Nifty Sep Future Open Interest Volume is at 1.44 core with liquidation of 28.3 Lakh with decrease in  cost of carry suggesting long position were added today, NF Rollover cost @11747 and Rollover %@ 67
  • 11200 CE  is having Highest OI  at 36.2  Lakh, resistance at 11200 followed by 11100 .11000-11300 CE added 27 lakh in OI so bears  added position in range of 11100-11200,suggesting expiry between 11100-11200 CE. FII bought 6.5 K CE and 7.7 K CE were shorted by them. Retail bought 67.3 K CE and 44.2 K CE were shorted  by them.

 

  • 11000 PE OI@38.7 Lakhs having the highest OI strong support at 11000 followed by 10950 . 10900-11200 PE added 4.7 Lakh in OI so bulls added position in range 11000-11100 PE. FII bought 19.9 K PE and 27.8 K  PE were shorted  by them. Retail bought 23.1 K PE and 4.8 K PE were shorted by them.
  • Total Future & Option trading volume at1 12.29 Lakh core with total contract traded at 1.85 lakh , PCR @0.89

 

  • FII’s sold 809 cores  and DII’s bought 1555 ecores in cash segment.INR closed at 72.61, Started correcting from 73 level as discussed in Rupee Analysis. Indian Rupee nearing a Short term top

 

Buy above 11076 Tgt 11100,11130 and 11154 (Nifty Spot Levels)

Sell below 11030 Tgt 11000,10970 and 10930 (Nifty Spot Levels)

Upper End of Expiry:11152.91

Lower End of Expiry:10954.69

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