NIFTY x-RAY REPORT FOR 28 FEB
NIFTY CLOSED AT 5281 AND NIFTY FUTURE CLOSED AT 5338.60 -2.71% OPEN INTEREST 248.27LAKH.
5100 CE OI ADDED 43650 =629100 /PUT ADDED 293400 =3829500
5200 CE OI ADDED 265700=2023550/ PUT ADDED 1513450 =6297500
5300 CE OI ADDED 364050= 1584950/ PUT ADDED 1035800 =6431350
5400CE OI ADDED 693100=2413750/ PUT REDUCED -168950= 3653200
STILL PUT WRITERS ARE GREATER THAN CALL WRITERS. THERE ARE VERY LEAST OPEN INTEREST IN CALL SIDE. PUT WRITERS ARE MORE CONFIDENT AT EVERY LEVEL THEY ARE SAYING COME AND BUY BELOW THAT LEVEL ALL IS YOURS. NIFTY FUTURE TRADING AT 57 POINT PREMIUM. NIFTY OPEN INTEREST REDUCED BY 2.21%. FII BUY TODAY 329.09 CR.
NIFTY HAS BROKEN ITS PSYCHOLOGICAL SUPPORT LEVEL OF 5330. NOTED THIS WORD PSYCHOLOGICAL. 5330 THAT WAS NO A TECHNICAL LEVEL. TECHNICALLY NIFTY SHOULD TAKE SUPPORT AT 5257 LEVEL AND THAN 5176 WHICH IS 200 DAY SIMPLE MOVING AVRAGE. IF BREACH THEASE LEVEL NIFTY MAY CORRECT HEAVILY. TODAYS VOLLUM WAS VERY LOW SO FALL SHOULD CONSIDER AS A CORRECTION OF BULL RUN ONLY.
MOST OF TRADE WOULD BE TRIGGERED STOPLOSS AT 5330 LEVEL. AND WHATEVER YOU HAVE EARNED IN MORNING SESSION YOU WOULD HAVE LOST IT IN NOON SESSION. BUY I WAS JUST WATCHING THE FALL AND NOT GIVEN ANY LONG CALL IN NIFTY.
HIGH LOW CLOSE
LAST 5449.80 5268.15 5281.20
PREV 5521.40 5405.90 5429
LAST WEEK5629.95 4505.90 5429.30
SWING TREND
5D DOWN 5429 REVERSAL 5630
10D DOWN 5281 REVERSAL 5630
20D UP 4850 REVERSAL 5077
ADVANCE/ DECLINE
126 / 970
INTRADAY SUPPORT AND RESISTANCE LEVEL
S2-5151/S1-5216/ PIVOT-5330/ R1- 5397/-R2-5514
WEEKLY SUPPORT AND RESISTANCE
S2-5264/S1-5346/PIVOT-5488/R1-5570/R2-5712
MOVING AVRAGE
5D-5601/20D-5385/50D-5047/200D-5176
FII/DII TURNOVER (BSE+NSE)
FII+329.09/ DII-699.14.
NIFTY CLOSED AT 5281 AND NIFTY FUTURE CLOSED AT 5338.60 -2.71% OPEN INTEREST 248.27LAKH.
5100 CE OI ADDED 43650 =629100 /PUT ADDED 293400 =3829500
5200 CE OI ADDED 265700=2023550/ PUT ADDED 1513450 =6297500
5300 CE OI ADDED 364050= 1584950/ PUT ADDED 1035800 =6431350
5400CE OI ADDED 693100=2413750/ PUT REDUCED -168950= 3653200
STILL PUT WRITERS ARE GREATER THAN CALL WRITERS. THERE ARE VERY LEAST OPEN INTEREST IN CALL SIDE. PUT WRITERS ARE MORE CONFIDENT AT EVERY LEVEL THEY ARE SAYING COME AND BUY BELOW THAT LEVEL ALL IS YOURS. NIFTY FUTURE TRADING AT 57 POINT PREMIUM. NIFTY OPEN INTEREST REDUCED BY 2.21%. FII BUY TODAY 329.09 CR.
NIFTY HAS BROKEN ITS PSYCHOLOGICAL SUPPORT LEVEL OF 5330. NOTED THIS WORD PSYCHOLOGICAL. 5330 THAT WAS NO A TECHNICAL LEVEL. TECHNICALLY NIFTY SHOULD TAKE SUPPORT AT 5257 LEVEL AND THAN 5176 WHICH IS 200 DAY SIMPLE MOVING AVRAGE. IF BREACH THEASE LEVEL NIFTY MAY CORRECT HEAVILY. TODAYS VOLLUM WAS VERY LOW SO FALL SHOULD CONSIDER AS A CORRECTION OF BULL RUN ONLY.
MOST OF TRADE WOULD BE TRIGGERED STOPLOSS AT 5330 LEVEL. AND WHATEVER YOU HAVE EARNED IN MORNING SESSION YOU WOULD HAVE LOST IT IN NOON SESSION. BUY I WAS JUST WATCHING THE FALL AND NOT GIVEN ANY LONG CALL IN NIFTY.
HIGH LOW CLOSE
LAST 5449.80 5268.15 5281.20
PREV 5521.40 5405.90 5429
LAST WEEK5629.95 4505.90 5429.30
SWING TREND
5D DOWN 5429 REVERSAL 5630
10D DOWN 5281 REVERSAL 5630
20D UP 4850 REVERSAL 5077
ADVANCE/ DECLINE
126 / 970
INTRADAY SUPPORT AND RESISTANCE LEVEL
S2-5151/S1-5216/ PIVOT-5330/ R1- 5397/-R2-5514
WEEKLY SUPPORT AND RESISTANCE
S2-5264/S1-5346/PIVOT-5488/R1-5570/R2-5712
MOVING AVRAGE
5D-5601/20D-5385/50D-5047/200D-5176
FII/DII TURNOVER (BSE+NSE)
FII+329.09/ DII-699.14.
