Nifty Weekly Expiry Analysis for 15th April 2021

As Discussed in Last Video  Now Bulls need to move above 14477 for a move back to 14550/14720/14880. Bears below 14250 can see quick move towards 14190/14110/14080. Bulls were able to do all target on upside above 14420, Now as we will see a gap up open today Bulls need to hold 14620 range for a move towards 14720/14777/14880. Bears below 14477 can see quick fall towards 14440/14390/14354/14285. today first 15 mins High and low will decide the trend for the day as we have important moon astro date today.

YouTube Video for 13th April 2021 Analysis.

  • Total Future & Option trading volume at 42.9 Lakh core with total contract traded 1.69 lakh , PCR @0.82

  • Nifty April  Future Open Interest Volume is at 1.09 Cores with liquidation of 2.23 Lakh with increase in cost of carry suggesting SHORT position were closed today, NF Rollover cost @14719 closed above it. 

  • 14800 CE is having Highest OI at 26.2 Lakh, resistance at 14800 followed by 14900.14500-14800 CE added 17 Lakh in OI so bears added in range of 14500-14800.FII bought 16.2 K CE and 7.9K shorted CE were covered by them. Retailers sold 224 K CE and 95 K  shorted CE were covered by them.

  • 14400 PE OI@31.9 Lakhs having the highest OI strong support at 14500 followed by 14400. 141300-14500 PE added 27 Lakh in OI so bulls addded position in range 14400-14500.FII bought 26.1 K PE and 60.4 K PE were shorted by them. Retailers bought 344 K PE and 246 K PE were shorted by them.

  • FII’s sold 730 cores and DII’s bought 243 cores in cash segment.INR closed at 75.2

Buy Above 14550 Tgt 14620,14666 and 14720 (Nifty Spot Levels)

Sell Below 14490 Tgt 14440, 14355 and 14310 (Nifty Spot Levels)

Upper End of Expiry : 14720

Lower End of Expiry : 14510

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