Nifty Analysis for 09 June

  • FII sold 5.1 K contract of Index Future worth 439 cores, Net OI has decreased by 3.8 K contract, 4.8  K Long contract were covered by FII and 1 K shorts were added by FII. Net FII Long Short ratio at 1, So FII used rise to exit longs and enter shorts.
  •  As discussed in last analysis Till Bulls are above 10170 can rally towards 10257/10336. Bears will have there chance below 10100 for a move back to 10040/9970.10328 done in opening. Now Bulls need to move above 10205 for a move back to 10270/10322. Bears will get active below 10120 for a move back to 10073/10020. 9944-10000 is range for Astro date so break of these levels can only see big fall in nifty.


  • Total Future & Option trading volume at 11.42 Lakh core with total contract traded at 1.9 lakh , PCR @0.99
  • Nifty June Future Open Interest Volume is at 1.05 Lakh core with addition of 0.2 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @9164 closed above it.
  • 10300 CE is having Highest OI at 14 Lakh, resistance at 10300 followed by 10400.10000-10400 CE added 12 Lakh in OI so bears covered in range of 10200-10300.FII bought 11  K CE and 11.4  K CE were shorted by them. Retailers bought 175  K CE and 128 K  CE were shorted by them.
  • 10000 PE OI@22 Lakhs having the highest OI strong support at 10000 followed by 9900. 9800-10100 PE added 13  Lakh in OI so bulls added position in range 10000 -10100.FII bought 21.9 K PE and 22.7 K PE were shorted by them. Retailers bought 82.6 K PE and 66.1 K PE were shorted by them.
  • FII’s bought 813 cores and DII’s sold 1238 cores in cash segment.INR closed at 75.68

Buy Above 10205 Tgt 10225,10253 and 10290 (Nifty Spot Levels)

Sell Below 10150 Tgt 10120,10080 and 10040(opens in a ne (Nifty Spot Levels)

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