- As Discussed in Last Analysis We have monthly expiry today and we are back to gann angle support so above 11476 bulls will get active for a move back to 11520/11600. Bears will get active below 11410 for a move back to 11370/11312. High made was 11610 so all bullish target done above 11476 and we bounced from gann angle, Now Bulls need to movve above 11580 for a move back to 11621/11664/11740. Bears have there chance below 11520 for a move back to 11466/11410.
- Important intraday time for reversal can be at 10:49/11:14/1:31 How to Find and Trade Intraday Reversal Times
- Total Future & Option trading volume at 33 Lakh core with total contract traded at 2 lakh , PCR @0.74
- Nifty Oct Future Open Interest Volume is at 1.47 core with addition of 39 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @11608 closed above it.
- FII’s sold 342 cores and DII’s sold 762 cores in cash segment.INR closed at 70.90
- Nifty Futures Trend Deciding level is 11619 For Intraday Traders). NF Trend Changer Level (Positional Traders) 11619 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level
Buy Above 11580 Tgt 11600,11630 and 11666 (Nifty Spot Levels)
Sell Below 11545 Tgt 11521,11500 and 11470 (Nifty Spot Levels)
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