Nifty EOD Analysis for 10 Feb

  • FII bought 3.4  K contract of Index Future worth 370 cores, Net OI has decreased by 1 K contract 1.2 K Long contract were added by FII and 2.2  K Shorts were covered by FII. Net FII Long Short ratio at 1.92 so FII used rise to enter longs and exit shorts.
  • As discussed in Last Analysis Now As we have Mercury inferior conjunction today so break of today high or low can see a fall of 150-200 points in Nifty. Bulls need to move above 15170 for a move back to 15224/15289/15343. Bears below 15040 can see quick fall towards 14986/14932. 15224 done and bears were unable to break 15040 but we saw intraday volatality  and market correcting almost 200 points from the high. Bears below 15040 can see quick fall towards 14986/14932.Bulls above 15170 for a move back to 15224/15289/15343.
  • Total Future & Option trading volume at 34.1 Lakh core with total contract traded 1.32 lakh , PCR @0.91
  • Nifty Feb Future Open Interest Volume is at 1.08 Cores with liqudiation of 1.5  Lakh with decrease in cost of carry suggesting LONG position were closed today, NF Rollover cost @14217 closed above it. 
  • 15200 CE is having Highest OI at 25.7 Lakh, resistance at 15200 followed by 15300.15000-15300 CE added 14 Lakh in OI so bears added in range of 15200-15300.FII bought 20.5 K CE and 18 K CE were shorted by them. Retailers bought 107 K CE and 90 K  CE were shorted by them.
  • 15000 PE OI@26.3 Lakhs having the highest OI strong support at 15000 followed by 14900. 14900-15000 PE added 18 Lakh in OI so bulls addded position in range 14900-15000.FII bought 6 K PE and 13.5 K PE were shorted by them. Retailers bought 59.3 K PE and 56.3 K PE were shorted by them.
  • FII’s bought 1300 cores and DII’s sold 1756 cores in cash segment.INR closed at 73.02

Buy Above 15143 Tgt 15170,15200 and 15224 (Nifty Spot Levels)

Sell Below 15060 Tgt 15030,14998 and 14950 (Nifty Spot Levels)

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