29th July 2021 BankniftyFuture Intraday Levels and Pre-Market Report
BankniftyFuture last close: 34559.30 (-0.7%)
On 28th July 2021, BankniftyFuture was seen highly volatility due to global cues
BNF was opened 34770 then vertically fell up to 34118 again bounced-back up to 34600
Option buyer and seller both faced trouble on yesterday due to both side movement
Hdfcbank, Axisbank and Kotakbank was seen selling pressure
Icicibank and SBIN sustained
Volatility index was up 5%
As per open interest 35000CE and followed buy 34500CE ended highest OI and PE side 34000PE ended highest OI
Now, What will do on monthly expiry ?
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Updated: 08.30 am / 29th July 2021
29th July 2021 Hot Stocks and Stocks To Watch
Last close: 3660
JUBLFOOD climbed more than 500 points in last five sessions
Now, stock if breaks and sustains above 3695
Expecting short covering up to 3730 and 3750+
If not break 3695 and if breaks 3600, expect profit booking!!
High volatile stock & Take care
Last close: 284.45 (-2.4%)
Tatamotors in July series stock fell from 350 to 285
Now, stock considering a six month support around 280
If fail to takes support expect further weakness!!
Watch @ 280
Today’s guess stock
Stock was struggled around 14800-15000 in last two and half month
If not break 14800, Expect some rally
If breaks 14800, Expect further weakness
Which stock ? Guess (Clue : Stock recent high was 16250)
Updated: 08.22 am / 29th July 2021
#NiftyFuture noon update and Open Interest Analysis
While updating NiftyFuture were trading @ 15615
After broken 15650 NF fell up to 15510 and now recovered almost 100 points from day’s low
Checking open interest data, 15700ce, 15800ce seems highest OI and PE side 15500PE seems highest OI. So considering strong support 15500 and resistance 15700 as per OI data
Let’s see technical levels, NF facing a intraday resistance 15640-15665 which is three and half hour high
If sustains above 15665 will try to move 15700. Stay caution at higher levels
NF considering a supports 15575, 15550 and 15500 (strong zone)
Don’t short at very lower levels!!
Updated: 12.20 pm / 28th July 2021
28th July 2021 #NiftyFuture Intraday Levels and Pre-Market Report
NiftyFuture last close: 15734.65
On 27th July, NiftyFuture was opened positive note but unable to sustained opening gain
Global cues was not good and Pharma stocks pushed Nifty50 below 15800 levels
NF was opened 15840 and went to 15870 (You know ? I did written resistance at 15870 on yesterday) then fell up to 15693. Finally settled at 15732
Drreddy was declared mildly below expectation earnings report but stock declined more than 10%
All pharma stocks was seen selling pressure
After March 2020, correction Pharma index was first breakout index. Now, Is first break down index ? Wait and see
Volatility index was up 7%
PSU Banks did well
Axisbank, Indusindbank and Kotakbank fell significantly
IT index did well as well as Midcap index marginal lost
IMF cut India’s FY22 GDP forecast to 9.5% from 12.5%
Today’s major result stocks Maruti, Nestle, ABB, Pfizer, Tatacoffee, Srf, Coforge, Route and MGL
FIIs net sold 1459 crore value of shares and DIIs net bought 730 crore
Idea and Sail under F&O ban stocks
Today’s NiftyFuture Intraday supports and resistance levels will be sent to my clients only
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Updated: 08.50 am / 28th July 2021
28th July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report
BankniftyFuture last close: 34817.85
BankniftyFuture was seen range with volatility on 27th July 2021
BNF was opened 35040 and went to 35188 then fell and made a low of 34710
Axisbank fell more than 2.5% and Icicibank sustained
PSU Banks did well and SBIN gained marginally
Volatility index was up 7%
Indusindbank declared mixed earnings report post market
BankniftyFuture was formed a bearish candle and index struggled around 35100-35200 in past few sessions
Some interesting in open interest data (See above chart)
PE side, 34500, 34000, 33500 all PE was seen equal open interest and opposite CE side 35000ce, 35500ce and 35200ce was seen highest open interest
Which means, Traders dominated CE and no one interest to add PE
Today BNF is facing a intraday resistance 34900, 34980 and 35100
Strong hurdle around 35100……….. Thereafter will try to move 35220
BNF can be considered as supports as 34710, 34630 and 34450
Below 34450……….. expecting more weakness!!
Updated: 08.43 am / 28th July 2021
28th July 2021 Hot Stocks and Stocks To Watch
Last close: 2055 (-1.1%)
On last week I told in my Youtube video “Reliance Bullish or Bearish“
I told stock finding a strong support at 2065. Yesterday stock was broken 2065 and fell 2042
Today if rise can sell likes 2060-2070 levels
Down side supports 2040 and 2028.
Last close: 6231.45 (+1.1%)
Bajfinance looks good if sustains above 6130 means can buy at declines and keep stop of 6130 intraday basis!!
Expecting rally up to 6300 and 6340 thereafter will move 6400+
Keep given strict levels!!
Stock was ended at 3500 on yesterday
Stock if breaks and sustains above the level
Expecting short covering up to 3650-3700+
Which stock ? Guess
Updated: 08.33 am / 28th July 2021
