NIFTY Analysis for 26 Feb

By | February 25, 2021 9:43 pm
  • FII bought 2.8 K contract of Index Future worth 381 cores, Net OI has decreased by 22.7 K contract 8277 Long contract were added by FII and 23 K Shorts were covered by FII. Net FII Long Short ratio at 3.2 so FII used rise to enter longs and exit shorts.
  • As discussed in Last Analysis   As we have expiry today Till Bulls need to move above 15035 price can rally towards 15086/15125. Bears below 14970 can see quick fall towards 14943/14865.We have monthly close tommrow bank nifty rallied 10 % in Feb Month so bulls will like the end the month on higher note, so Till Bulls are holding 15035 price can rally towards 15160/15225/15280. Bears below 15001 can see quick fall towards 14938/14870/14821. Tommrow we have very Important Astro Date.
  • Total Future & Option trading volume at 86.1 Lakh core with total contract traded 1.61 lakh , PCR @0.96
  • Nifty March Future Open Interest Volume is at .95 Cores with addition of 33.7  Lakh with increase in cost of carry suggesting LONG position were added today, NF Rollover cost @14938 closed above it. 
  • 15300 CE is having Highest OI at 28.7 Lakh, resistance at 15300 followed by 15400.15100-15400 CE added 24 Lakh in OI so bears added in range of 14900-15100.
  • 14900 PE OI@34 Lakhs having the highest OI strong support at 14900 followed by 14850. 14800-15000 PE added 18 Lakh in OI so bulls addded position in range 14900-15000.
  • FII’s bought 188 cores and DII’s bought 746 cores in cash segment.INR closed at 72.87

Buy Above 15121 Tgt 15155,15180 and 15212 (Nifty Spot Levels)

Sell Below 15070 Tgt 15049,15025 and 14998  (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.

7 thoughts on “NIFTY Analysis for 26 Feb

  1. venkat

    sirji
    EOD close below 685/730 is -ve??? or today’s low holds, dead cat bounce possible? time permits
    thanks in advance
    regards

    Reply
  2. venkat

    gm 🙂
    your astro date finished index @ one go 🙂 laktha hai your 3 close level will drag down to 500/400 levels once.

    have a great week end
    regards

    Reply

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