FII sold 5.5 K contract of Index Future worth 1740 cores, Net OI has increased by 7.5 K contract 2.5 K Long contract were added by FII and 14.3 K Shorts were added by FII. Net FII Long Short ratio at 0.99 so FII used fall to enter longs and enter shorts.
As Discussed in Last Analysis As today is important Bayers date (Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.) and important Mercury Aspect (Mercury Sextile Saturn) and Jupiter Aspect (Venus Sextile Jupiter) both Ruling plannet of Nifty so we should see trending move in market in next 2 trading session.Bulls need to move above 14885 for a move back to 14952/15010/15055/15100. Bears are below 14784 we can move back to 14729/14688/14610. Bayers date showed the perfect move as discussed in below video. When 2-3 Astro Event combined we tend to get big move in market. Now Bulls need to move above 14360 for a move back to 14400/14444/14512. Bears below 14260 can see quick move towards 14213/14165/14100.
Total Future & Option trading volume at 35.3 Lakh core with total contract traded 2.09 lakh , PCR @0.87
Nifty April Future Open Interest Volume is at 1.12 Cores with liquidation of 1.06 Lakh with increase in cost of carry suggesting SHORT position were closed today, NF Rollover cost @14719 closed above it.
14500 CE is having Highest OI at 16.2 Lakh, resistance at 14500 followed by 14600.14500-1480 CE added 27 Lakh in OI so bears added in range of 14500-14800.FII bought 31.4 K CE and 27.2 K CE were shorted by them. Retailers bought 443 K CE and 292 K CE were shorted by them.
14100 PE OI@21.9 Lakhs having the highest OI strong support at 14100 followed by 14000. 14100-14300 PE added 17 Lakh in OI so bulls addded position in range 14100-14300.FII bought 14.4 K PE and 3.4 K PE were shorted by them. Retailers sold 51.8 K PE and 46.3 K shorted PE were covered by them.
FII’s sold 1746 cores and DII’s bought 232 cores in cash segment.INR closed at 75.2