Nifty continue to trade in small range,EOD Analysis


  • FII’s sold 4.6 K contract of Index Future worth 286 cores ,149 Long contract were added by FII’s and 4.7 K short contracts were liquidated by FII’s. Net Open Interest increased  by 4.9 K contract, so fall in market was used by FII’s to enter long and enter  shorts  in  Index futures.How to improve on trading results What is the main Reason for Your Trading Loss, We are running POLL on Twitter Please participate

Nifty Harmonic


  • Nifty June Future Open Interest Volume is at 2.14 core with liquidation of 1.3 Lakh with increase in cost of carry suggesting short  position were closed today, NF  Rollover cost @7961 closed above it
  • 8200  CE  is having Highest OI  at 36 lakh, resistance at 8200 .8000/8500 CE  bought 7.3 lakh so bears forming resistance at higher levels as nifty unable to close above 8210  .FII bought 7.7 K CE longs and 197 CE were shorted by them .Retail bought  45 K CE contracts and 25.3 K CE were shorted  by them.
  • 8000 PE OI@66.2 lakhs having the highest OI strong support at 8000. 8000-8500 PE added 15.7 Lakh in OI so strong base near 7900-8000 zone .FII bought 13.2 K PE longs  and 15K PE were shorted by them .Retail bought 27.9 K PE contracts and 10.9 K PE were shorted by them.
  • FII’s bought 980 cores in Equity and DII’s sold 160 cores in cash segment.INR closed at 67.45

Buy above 8180 Tgt 8201,8225 and 8250 (Nifty Spot Levels)

Sell below 8150 Tgt 8130,8100 and 8080 (Nifty Spot Levels)

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11 thoughts on “Nifty continue to trade in small range,EOD Analysis”

  1. 2 times SL triggred not trade to be taken in a day.. After seeing a big rise market is consolidating the gains of last week so such sideways move

  2. Welcome Ritesh. This is going to be one of the best decisions for you. Like many of us.

    Just a word of caution… Spend some time understanding what is being talked.. Do paper trading for a couple of months maybe..
    Don’t jump into it blindly and regret or blame later.

  3. Sirji thanks a lots pls tell me is there any difference between DMA or ema or dema I am confused pls help

  4. Great post, have discovered this website through Google. Your posts are very informative and insightful. I’m amateur trader, looking forward to your posts

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