From the last few trading sessions, we have seen negative bias trading but with low volume in Nifty as well as Bank Nifty. Today, Nifty futures settled slightly lower with a loss of 0.08% at 15709.85 while Bank Nifty settled slightly higher with a gain of 0.14% at 35320. There
Dalal street is waiting for a breakout with good volume and we are in good hope that we will get make or break levels in the upcoming week. In the last week, Nifty traded with negative bias but within a range. Nifty unable to cross its resistance level of 16000
Nifty futures: Last close 15730 Nifty futures looks weak below 15691 and could test 15655—15621 and then to 15540 levels. Above 15761… Target looks 15794—15826—15877 levels. Trade safely and wait for weekly settlement. Bank Nifty Futures: Last close 35411 Bank Nifty futures has support at 35200—35050—34900 and resistance at 35700—36100.
Nifty future: Last close 15896.05 Above 15934… Target looks 15958—15971—15996 levels. More and more upside rally we will see on a close shive 16000 levels on a weekly basis. Or else it could test 15848—15822—15761 levels again. Trade safely as there is less volatility in the market Bank Nifty Futures:
Nifty and Bank Nifty futures achieved our upside target successfully and slipped. Power of levels… Nothing else!! Nifty futures: Last close 15832 Below 15815… Sell it!! We will see a sharp downside panic till 15755—15710 then to 15589 levels too in the intraday trading session. Hurdle intact at 15960—16000 Fresh
Nifty futures last close: 15868 Watch 15877 levels carefully. Break and sustain above 15877 will take it to 15922—15948—15999 levels. More and more upside rally we will see on a close above 16002 levels. Panic below 15816 levels only A decisive break below 15816 will take Nifty futures to 15788—15763
For the last 4 weeks, Indices are trying to breach the resistance level of 16000 and 36100 respectively in Nifty futures and Bank Nifty futures but unable to breach because of selling pressure at the top. FII’s sold more than 6000 crore value of stocks in the last 6 trading
Yesterday, Nifty futures made a fresh weekly low of 15696 and settled around 15710. We clearly indicated selling in Nifty futures below 15825 and 15750 levels. SGX Nifty is trading around 15750. Dull downside move is creating panic in the mind of traders and investors; VIX near to 52 weeks
Same situation repeated in yesterday’s trading session too. FII’s sold more than 1600cr value of stocks. Nifty futures made a high of 15876.20 and slipped, finally settled around 15752.15. Now, what to expect??? Nifty future has support at 15730 and resistance at 15880–16930. Break and sustain below 15730 will take
In the month of June, FII’s sold more than 5000cr value in futures while 9955cr value in the month of May. FII’s bought 1621cr value of stocks in the month of June while DII’s bought 5523cr value o stocks. It’s clear while analyzing options that they are net hedgers from
