NIFTY Ready for a Big Move,EOD Analysis

By | February 13, 2021 1:52 pm

  • FII sold 7.3 K contract of Index Future worth 732 cores, Net OI has increased by 7.3 K contract 5 Long contract were added by FII and 7.3  K Shorts were added by FII. Net FII Long Short ratio at 1.63 so FII used fall to enter longs and enter shorts.
  • As discussed in Last Analysis  Tommrow is very Important astro date bulls were able to close above 15170 can see move towards 15224/15289/15343. Bears will get active below 15125 for a move back to 15070/15025/14975. 15224 done and bears were not able to do target on downside. Now next week we should see a break out in nifty with effect of Astro date we had on Friday. Bulls need to move above 15170 can see move towards 15224/15289/15343. Bears will get active below 15125 for a move back to 15081/15001/14920.

  • Total Future & Option trading volume at 20.5  Lakh core with total contract traded 1.18  lakh , PCR @0.93
  • Nifty Feb Future Open Interest Volume is at 1.09 Cores with addition of 1.13  Lakh with decrease in cost of carry suggesting SHORT position were added today, NF Rollover cost @14217 closed above it. 
  • 15200 CE is having Highest OI at 21.7 Lakh, resistance at 15200 followed by 15300.15000-15300 CE added 14 Lakh in OI so bears added in range of 14800-15000.FII bought 17.8 K CE and 37.8 K shorted CE were shorted by them. Retailers bought 185 K CE and 170 K  CE were shorted by them.
  • 14800 PE OI@15.6 Lakhs having the highest OI strong support at 14800 followed by 14900. 14700-14900 PE added 28 Lakh in OI so bulls addded position in range 14700-14800.FII bought 17.6 K PE and 23.7 K PE were shorted by them. Retailers bought 180 K PE and 189 K PE were shorted by them.
  • FII’s sold 37 cores and DII’s sold 597 cores in cash segment.INR closed at 72.72

Buy Above 15170 Tgt 15190,15225 and 15250 (Nifty Spot Levels)

Sell Below 15125 Tgt 15100,15075 and 15045 (Nifty Spot Levels)

Category: Daily

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

5 thoughts on “NIFTY Ready for a Big Move,EOD Analysis

  1. Binoy

    You stated that “”FII bought 17.8 K CE and 37.8 K shorted CE were shorted by them. Retailers bought 185 K CE and 170 K CE were shorted by them.””
    Whether you mean 37.8k shorted CE were covered?

    Reply

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