Nifty Hits 15000 forms DOJI ,EOD Analysis

  • FII sold 4.7 K contract of Index Future worth 460 cores, Net OI has decreased by 2 K contract 2.5 K Long contract were covered by FII and 11.6 K Shorts were added by FII. Net FII Long Short ratio at 1.7 so FII used rise to exit longs and enter shorts.
  • As discussed in Last Analysis Waiting for 14945/15007 today. As we will see outcome of RBI poilcy today Bulls need to move above 14968 for a move back to 15047/15120/15166. Bears have there chances below 14865 for a move towards  14814,14777 and 14729. Gann cycle which started from 7511 completing one important cycle at 15047. 15007 done all our target are done. Bulls failed to close above 14968 also. Now Bears will become active below 14865 for a move back to 14784/14729. Bulls above 14952 for a move back to 15001/15047/15099. Gann cycle which started from 7511 completing one important cycle at 15047. 08 Feb Mercury at Inferior Conjunction Mercury Ruler of Nifty suggesting High and Low will be important for the whole coming week.

  • Total Future & Option trading volume at 25 Lakh core with total contract traded 1.55  lakh , PCR @0.92
  • Nifty Feb Future Open Interest Volume is at 1.10 Cores with addition of 0.94  Lakh with increase in cost of carry suggesting LONG position were added today, NF Rollover cost @14217 closed above it. 
  • 15200 CE is having Highest OI at 19 Lakh, resistance at 15100 followed by 15200.14900-15200 CE added 24 Lakh in OI so bears added in range of 14800-15000.FII bought 44.9 K CE and 23.9 K shorted CE were covered by them. Retailers bought 228 K CE and 220 K  CE were shorted by them.
  • 14700 PE OI@14.6 Lakhs having the highest OI strong support at 14700 followed by 14600. 14700-14900 PE added 18 Lakh in OI so bulls addded position in range 14700-14800.FII bought 40 K PE and 36 K PE were shorted by them. Retailers bought 186  K PE and 199 K PE were shorted by them.
  • FII’s bought 1461 cores and DII’s sold 1418 cores in cash segment.INR closed at 73.07

Buy Above 14975 Tgt 15001,15047 and 15084 (Nifty Spot Levels)

Sell Below 14910 Tgt 14885,14855 and 14816 (Nifty Spot Levels)

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