July Month F&O Expiry: Nifty Analysis

By | July 28, 2021 9:29 pm
  • FII sold  4.4 K contract of Index Future worth 355 cores, Net OI has deeased by 77 contract 2.2 K Long contract were coverd by FII and 2.1 K Shorts were aded by FII. Net FII Long Short ratio at 1.23 so FII used fall to exit longs and enter shorts.
  • As Discussed in Last Analysis Nifty opened with gap up but once below 15796 did 1 target on downside, Now Tommrow Jupiter is going Ingress in Aquaries so Nifty we can see good move again. Bears are waiting for the target of 15686/15610 till below 15796. Bulls need to move above 15845 for a move back to 15900/15975/16025. All Bearish target done as we saw Impact of Jupiter Ingress, Today Low and High on Nifty will be important till 28-Dec so mark them on the chart and see the beauty of Astro till 28 Dec. Tommrow we have a important aspect of  Mercury Opposition Pluto HELIO which leads to turning point in market so another voaltile move coming. Now Bulls  need to move above 15763 for a move towards 15825/15888/15952 . Bears will get active below 15641 for a move back to 15579/15516/15454/15392.
  • Total Future & Option trading volume at 69.1 Lakh core with total contract traded 1.77 lakh , PCR @0.92
  • Nifty August Future Open Interest Volume is at 0.58 Cores with addition of 20.4 Lakh with increase in cost of carry suggesting SHORT position were added today, NF Rollover cost @15794 closed below it. 
  • 15800 CE is having Highest OI at 65.6  Lakh, resistance at 15800 followed by 15850 . 15800-16000 CE added 32 Lakh in OI so bears added in range of 15900-16000.FII bought 16.1 K  CE and 13 K CE were shorted by them. Retailers bought 64.5 K CE and 67.5 K CE were shorted by them.
  • 15600 PE OI@38.2 Lakhs having the highest OI strong support at 15600 followed by 15500. 15600-15700 PE added 12 Lakh in OI so bulls addded position in range 15700-15800. FII sold 17.4 K PE and 17.8 K shorted PE were covered by them. Retailers bought 4.2 K PE and 18.2 K shorted PE were covered by them.
  • FII’s sold 2274 cores and DII’s bought 921 cores in cash segment.INR closed at 74.42

Buy Above 15729 Tgt 15756, 15785 and 15810 (Nifty Spot Levels)

Sell Below 15686 Tgt 15663, 15640 and 15610 (Nifty Spot Levels)

Upper End of Expiry: 15820

Lower End of Expiry : 15598

2 thoughts on “July Month F&O Expiry: Nifty Analysis

  1. Vivek

    Yes my static level 15522 and 15738 calculated way back in mid of Jan-2021. Valid till 15-01-2022. Amazing mathematical formula based calculated levels

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