Nifty Holds 10882,After Fed Rate Hike

FII’s bought 4 K contract of Index Future worth 300 cores 4 K Long contract were added by FII’s and 10 Short contracts were added by FII’s. Net Open Interest increased by 4 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 0.89 . How to Deal With Fear in Trading

As Discussed in Last Analysis High made today was 10985 so bulls are almost near the target of 11000. Bulls need a close above 11000 for a move towards 11050/11100. Bears will get active below 10930 for a move back to 10885/10821. Low made today was 10882 as it was time cycle date break of 10880 can see a quick fall towards 10821/10777. Bullish above 10965 for a move towards 11030/11100. Important intraday time for reversal can be at 1:36. Bank Nifty Close above 27000,EOD Analysis

Nifty Dec Future Open Interest Volume is at 2.10 core with liquidation of 2.1 Lakh with increase in cost of carry suggesting long position were closed today, NF Rollover cost @10727 closed above it.

11000 CE is having Highest OI at 41.4 Lakh, resistance at 11000 followed by 11100 .10400-11000 CE liquidated 3.6 lakh in OI so bears covered position in range of 10800-11000. FII bought 3.8 K CE and 506 shorted CE were covered by them. Retail sold 155 K CE and 116 K shorted CE were covered by them.

10800 PE OI@ 38.3 Lakhs having the highest OI strong support at 10800 followed by 10700 . 10500-11000 PE added 10.8 Lakh in OI so bulls added position in range 10700-10800 PE. FII sold 3.9 K PE and 3.5 K shorted PE were covered by them. Retail sold 246 K CE and 180 K shorted PE were covered by them.

Total Future & Option trading volume at1 18.2 Lakh core with total contract traded at 0.94 lakh , PCR @0.84

FII’s sold 386 cores and DII’s bought 88 cores in cash segment.INR closed at 69.70 Indian Rupee does price time Squaring,Weekly Analysis

Nifty Futures Trend Deciding level is 10939 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 10804. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level

Buy above 10962 Tgt 10982,11013 and 11050 (Nifty Spot Levels)