NIFTY FUT 0 Finally Nifty broke past its 7 Days consolidation Zone of 17300-17440 & closed the day on record highs above Psychological Resistance of 17500. Technically the Index can extend the Rally till 17588-17644 in the upcoming trading session. The Open Interest data formation suggests 17500 as a crucial base where highest PE writers […]
NIFTY FUT 0 Nifty after opening higher yet again failed to cross the Resistance zone and retraced back but closed the day on a positive note. CE writers & PE writers are strongly active at 17400 & 17300 respectively. In the upcoming trading session we can again witness a range bound trade of 100 points […]
NIFTY FUT 0 Nifty again closed on a flattish note after a tug of war between the Bulls & Bears. Technically the Index is poised for a fall & it seems Bulls are loosing control & Bears are gaining strength. The Open Interest data suggests that CE writers are strongly holding onto their positions at […]
NIFTY FUT 0 Nifty closed on a flattish note after a range bound session of nearly 100 points during the day. Since last four days the bulls & bears are finding it hard to drag the Index in their favor & a tug of war is going on between PE writers active at 17300 & […]
NIFTY FUT 17370.90 In the last trading session Nifty after a volatile session closed on a flattish note. Technically the Index looks over stretched & is struggling to cross its Resistance zone of 17450-17500. Since last three days the Index is showing tepid movement which indicates a correction is on the cards. The Open Interest […]
NIFTY FUT 17375.80 In my last Blog I clearly stated that Nifty can find resistance at higher levels of 17450 zone & once sustains below 17350 it can slide till 17300 & the same happened today. Nifty made a high of 17449.95 & low of 17300. Technically we can see some upward move in the […]
NIFTY FUT 17404.65 Today Nifty made a high of 17429.10 just close to my first resistance level of 17440 & closed near 17404.65.Technically the Index looks a bit overstretched & a correction is on the cards. The Open Interest data suggests that PE writers are holding their front near 17300 which is acting as a […]
NIFTY FUT 17329.35 Well in my last Blog I had clearly stated that Nifty is heading for 17300-17330 which was fulfilled during the day. The technical set up is very strong & bulls are in full control of the momentum. The Open Interest data suggests that the move can be big in the upcoming week […]
NIFTY FUT 17247.25 As I clearly mentioned in my last Blog that a move above 17200 the Index can move towards 17260-17300 & the Index managed to highs of 17262 achieving my first levels. Technically the Index is poised for another up move towards 16300-16330.The Open Interest data suggests that 17200 can be a crucial […]
NIFTY FUT 17096.95 Nifty opened just near to my entry levels of above 17150 & as I posted in my last blog that it can show 17230-17260 which the Index honored & retraced from 17228 to test my support zone of 17080 & closed the day with negatives returns at 17096.95. As I go through […]
NIFTY FUT 17122.25 Bulls are in full charge of D-street as Nifty again today scalped Lifetime highs & broke past its phycological resistance of 17000 with ease. The Open Interest data suggests that PE writers are more aggressive at lower levels of 17000 & 16900 where as there is a lack of confidence in CE writers […]
NIFTY FUT 16942.40 As planned Nifty followed the same path & post gap up opening sustained above 16800 moved smartly towards my targets. Now again the Index’s upward journey can take a pause near 17000-17050 levels & it can gain retest supports of 16800-16830 but the overall trend is bullish. As we see the Open […]