FII bought 12.4 K contract of Index Future worth 1476 cores, Net OI has increased by 28.5 K contract 20.5 K Long contract were added by FII and 8 K Shorts were added by FII. Net FII Long Short ratio at 1.63 so FII used fall to enter longs and enter shorts.
As Discussed in Last Analysis We have discussed the effect of Saturn Retrograde on Nifty and Stocks in below video, We have formed a DOJI candel today at gann angle resistance. Bulls need a close above 15266 for a move back to 15321/15377/15432. Bears will get active below 15140 for a move back to 15084/15029/14973. Nifty opened with gap up and failed to sustain above 15266 and also failed to break the low. Levels given on Twitter worked perfectly. We have Total Lunar Eclipse suggesting another big move will be seen in next 2 trading sessions. Bulls need a close above 15266 for a move back to 15321/15377/15432. Bears will get active below 15140 for a move back to 15084/15029/14973.
Total Future & Option trading volume at 38 Lakh core with total contract traded 1.04 lakh , PCR @0.94
Nifty April Future Open Interest Volume is at 0.76 Cores with liqudiation of 17.8 Lakh with increase in cost of carry suggesting LONG position were closed today, NF Rollover cost @14703 closed above it.
15500 CE is having Highest OI at 52.8 Lakh, resistance at 15400 followed by 15500. 15300-15500 CE added 34 Lakh in OI so bears added in range of 15300-15500. FII bought 23.5 K CE and 11.9 K CE were shorted by them. Retailers bought 193 K CE and 174 K CE were shorted by them.
15000 PE OI@39 Lakhs having the highest OI strong support at 15000 followed by 15100. 15000-15200 PE added 8.9 Lakh in OI so bulls addded position in range 15000-15100.FII bought 25.1 K PE and 13.8 K PE were shorted by them. Retailers bought 6.1 K PE and 38.7 K PE were shorted by them.
FII’s bought 959 cores and DII’s sold 563 cores in cash segment.INR closed at 72.85