Nifty rally 200 points as astrological cycle shows effect

  • FII’s bought 6.3 K contract of Index Future worth 737 cores ,20.2 K Long contract were added by FII’s and 13.9 K  Short contracts were added by FII’s. Net Open Interest increased  by 34.1 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 0.51. Nifty Astrological Analysis
  • As Discussed in Last Analysis  Now bears need to break 10175 for a move back to 10130/10090/10030. Bullish above 10225 for a move back to 10285/10323. Expect a good move tomorrow as per astrological cycle. Nifty gave the big move as per astrological cycle and also did the target of 10323 and waiting for extended target of 10474/10525/10570 above 10410. Bearish below 10323 for a move back to 10270/10225/10190.Important intraday time for reversal can be at 11:13/2:38. Bank Nifty rally 350 points as astrological cycle shows effect

 

 

  • Nifty Nov Future Open Interest Volume is at 2.30 core with addition of 1.21 Lakh with decrease in  cost of carry suggesting long position were added today, NF Rollover cost @10243 closed above it.

 

  • 10500 CE  is having Highest OI  at 19.7 Lakh, resistance at 10400 followed by 10500 .10000-10500 CE liquidated 4.5 lakh in OI so bears  added position in range of 10400-10600. FII bought 6.8 K CE and 12.3 K CE were shorted  by them. Retail bought 145 K CE and 88.1 K shorted CE were covered  by them.

 

  • 10000 PE OI@44.9  Lakhs having the highest OI strong support at 10100 followed by 10000 . 10000-10700 PE added 11.2 Lakh in OI so bulls added position in range 10200-10100 PE. FII bought 23.3  K PE and 10.6 K PE were shorted  by them. Retail sold 25.4 K PE and 2.2 K PE were shorted  by them.
  • Total Future & Option trading volume at1 10.53  Lakh core with total contract traded at 2.48 lakh , PCR @0.90

 

 

Buy above 10400 Tgt 10425,10450 and 10475 (Nifty Spot Levels)

Sell below 10350 Tgt 10323,10300 and 10270 (Nifty Spot Levels)

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