Nifty Gann Price Time Squaring Update

FII’s sold 3.9 K contract of Index Future worth 398 cores 959 Long contract were covered by FII’s and 3 K Short contracts were added by FII’s. Net Open Interest increased by 2 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio at 0.85. Are you Victim of “Out of Control Trading”

As Discussed in Last Analysis Nifty Low made was 10844 so bulls were able to protect 10821 and today being an Important Time date so till we are holding 10844 we have done price time squaring and heading higher towards 10977/11040/11100. Bears will become active below 10840 for a move back to 10790/10730. Low made today was 10852 So Bulls Protected Price Time Squaring Level of 10844,till we are holding 10844 we have done price time squaring and heading higher towards 10977/11040/11100. Bears will become active below 10840 for a move back to 10790/10730.Important intraday time for reversal can be at 12:56/2:54. Bank Nifty Continue to Hold Time Cycle Low

Nifty Jan Future Open Interest Volume is at 2.45 core with liquidation of 1.42 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @10788 closed above it.

11000 CE is having Highest OI at 35.9 Lakh, resistance at 10900 followed by 11000 .10400-11000 CE liquidated 4.3 lakh in OI so bears covered position in range of 10900-11000. FII bought 3.1 K CE and 3 K CE were shorted by them. Retail bought 30.6 K CE and 9.9 K CE were shorted by them

10700 PE OI@ 37.4 Lakhs having the highest OI strong support at 10700 followed by 10600 . 10500-11000 PE added 1.3 Lakh in OI so bulls added position in range 10700-10800 PE. FII sold 1.5 K PE and 10 K PE were shorted by them. Retail bought 27.2 K PE and 10.9 K PE were shorted by them.

Total Future & Option trading volume at 5.13 Lakh core with total contract traded at 1.19 lakh , PCR @1.05

FII’s sold 124 cores and DII’s sold 0.97 cores in cash segment.INR closed at 71.17. USD INR Weekly Forecast for 14-18 Jan

Nifty Futures Trend Deciding level is 10914 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 10855 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level

Buy above 10931 Tgt 10950,10977 and 11000 (Nifty Spot Levels)