Nifty EOD Analysis for 13 Sep

  • FII sold 12.6 K contract of Index Future worth 1006 cores, Net OI has increased by 18.8  K contract, 3.1 K Long contract were added by FII and 15.7 K short were added by FII. Net FII Long Short ratio at 0.31, So FII used fall to enter longs and enter shorts.
  • As Discussed in Last Analysis  Bulls need to close above 11059 for a move back to 11111/11164. Bears will get active below 10950 for a move back to 10900/10850.  Bulls got whipsawed again above 11059 We have important astro time cycle date on 14 so we should see the effect of tomorrow or on Monday. Nifty Bulls need to move above 11010 for a move back to 11055/11100/11141. Bears will get active below 10943 for a move back to 10900/10845

  • Total Future & Option trading volume at 24.81 Lakh core with total contract traded at 1.47 lakh , PCR @0.85
  • Nifty Sep Future Open Interest Volume is at 1.71 core with addition of 3.2 Lakh with increase in  cost of carry suggesting long position were added today, NF Rollover cost @11050 closed above it.
  • 11300 CE is having Highest OI at 20.3 Lakh, resistance at 11100 followed by 11200 .10600-11200 CE added 6.3 Lakh in OI so bears added position in range of 11100-11200.
  • 10800 PE OI@28.9 Lakhs having the highest OI strong support at 10800 followed by 10700 . 10600-11200 PE added 4.7 Lakh in OI so bulls added position in range 10800-11100.
  • FII’s  bought 783 cores and DII’s sold 126 cores in cash segment.INR closed at 71.25

Buy above 11010 Tgt 11043,11077 and 11100 (Nifty Spot Levels)

Sell below 10965 Tgt 10940,10920 and 10890 (Nifty Spot Levels)

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4 thoughts on “Nifty EOD Analysis for 13 Sep”

  1. Bears will get active below 10943 for a move back to 10900/10845

    How did you calculate 10943, sir please let us know

  2. Thank you very much Sir.
    I was so vanareble and confused in regard to trade.
    Now following your posts I am progressing.
    Thanks & Regards.

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