Nifty Weekly Expiry Analysis

  • FII bought 8.9 K contract of Index Future worth 724 cores, Net OI has increased by 5.9 K contract, 7.4  K Long contract were added by FII and 1.5 K Shorts were covered by FII. Net FII Long Short ratio at 1.1 So FII used fall to enter longs and exit shorts.
  • As Discussed in Last Analysis   Bears will get active below 11179 for a move back to 11100/11049/11000. Bulls need to move above 11245 range for the rally to continue till 11300/11343/11400. Bears unable to break 11179 and bulls were able to close above 11245 now waiting for target of 11300/11343/11400. Bears will get active below 11179 for a move back to 11100/11049/11000.Tomrow is alst trading day and we have trading Holiday on Friday 02 Oct.

  • Total Future & Option trading volume at 22.2 Lakh core with total contract traded at 1.80 lakh , PCR @0.92
  • Nifty Oct Future Open Interest Volume is at 0.90 Cores with addition of 3.8 Lakh with increase in cost of carry suggesting long position were added today, NF Rollover cost @11170 above it.
  • 11300 CE is having Highest OI at 12 Lakh, resistance at 11300 followed by 11400.10900-11400 CE added 18 Lakh in OI so bears added in range of 11100-11200.FII bought 17 K CE and 1.6 K CE were shorted  by them. Retailers bought 39.9 K CE and 47.8 K CE were shorted by them. 
  • 11100 PE OI@22 Lakhs having the highest OI strong support at 11100 followed by 11000. 10800-11000 PE added 12  Lakh in OI so bulls addded position in range 10800-11000.FII bought 12.6 K PE and 27.6 K PE were shorted  by them. Retailers bought 152 K PE and 109 K PE were shorted by them. 
  • FII’s sold 712.48 cores and DII’s bought 409 cores in cash segment.INR closed at 73.95

Buy Above 11300 Tgt 11323,11355 and 11400 (Nifty Spot Levels)

Sell Below 11240 Tgt 11220,11189 and 11131 (Nifty Spot Levels)

Upper End of Expiry : 11362 

Lower End of Expiry : 11132

Leave a Reply