Stock Market Wisdom | Swing Trading

14 Feb 2024 04:35

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21600 S2 - 21450
R1 - 21750 R2 - 21875

BankNifty Futures :
S1 - 45200 S2 - 44800
R1 - 46000 R2 - 46420

FinNifty Futures :
S1 - 19915 S2 - 19800
R1 - 20350 R2 - 20460

MIDCPNIFTY :
S1 -  10600  S2 - 10520
R1 -  10750  R2 - 10830

S&P BSESENSX :
S1 - 71180 S2 - 70900
R1 - 71700 R2 - 72000

Nifty Highest Open Interest (15th Feb Weekly expiry) : Call: 22000 / Put : 21000

FII DATA as on  13/02/2024 (fig in crores) Cash Market
FII Net  376.32
FII Buy  13404.37
FII Sell   13028.85

India Vix : 15.81

GIFT Nifty: 21640

Securities in Ban For Trade Date 14-FEB-2024 - 1.ABFRL, 2.ASHOKLEY, 3. AUROPHARMA, 4.BALRAMCHIN, 5.BANDHANBNK, 6.BIOCON, 7.DELTACORP, 8.INDIACEM, 9.INDUSTOWER, 10.NATIONALUM, 11.PNB, 12. SAIL, 13.ZEEL (Source - nseindia.com)

FIIs were net buyers in the cash market segment to thetune of Rs. 376 cr. Simultaneously, they bought worthRs. 346 cr in Index futures with an increase in openinterest, suggesting long additions.On the derivatives front, we observed the addition oflong bets in both key indices. On the options front,scattered piling of OI is seen from 21700-21600 putstrikes, while 21500 PE withholds highest OIconcentration, suggesting a series of support zones. Onthe higher end, a decent build up of OI is seen from21800-22000 call strikes, indicating a series of nearbyresistance. The Long Short Ratio marginally advanced to35% from 34% amidst long bets in the index futuresegment. Considering the data, the benchmark indexlooks tentative with range bound view; hence, it isadvisable to avoid aggressive bets and focus onthematic movers for an outperformance.

❇️Today's Results - M&M, NMDC, MUTHOOTFIN, IPCALAB, ABFRL, GLENMARK, SUNTV, IBULHSGFIN

Stock Market Wisdom | Swing Trading

12 Feb 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21780 S2 - 21700
R1 - 21980 R2 - 22070

BankNifty Futures :
S1 - 45700 S2 - 45400
R1 - 46100 R2 - 46400

FinNifty Futures :
S1 - 20230 S2 - 20150
R1 - 20350 R2 - 20430

MIDCPNIFTY :
S1 - 10700 S2 - 10630
R1 - 10800 R2 - 10870

S&P BSESENSX :
S1 - 71350 S2 - 71050
R1 - 71800 R2 - 72100

Nifty Highest Open Interest (15th Feb Weekly expiry) : Call: 22000 / Put : 21500

FII DATA as on 09/02/2024 (fig in crores) Cash Market
FII Net 141.95
FII Buy 13,946.46
FII Sell 13,804.51

India Vix : 15.44

GIFT Nifty: 21923

Securities in Ban For Trade Date 12-FEB-2024 - 1.ASHOKLEY, 2.AUROPHARMA, 3. BALRAMCHIN, 4.BIOCON, 5.DELTACORP, 6.HINDCOPPER, 7.INDIACEM, 8.INDUSTOWER, 9.PNB, 10.SAIL, 11.UPL, 12. ZEEL(Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 142 cr. Simultaneously, they bought worth Rs. 657 cr in Index futures with a fall in open interest, suggesting short covering on Friday. On the derivatives front, open interest activity remained muted for Nifty; while the banking index saw the addition of bearish bets. The build-up remained scattered in the options segment, with 22000 call and 21500 put strikes attracting traders’ attention. Long Short Ratio slightly advanced to 34% from 33% WoW PCR-OI of Nifty stabilized above 1. For now, the benchmark index has been stuck in a broad range of 21500 and 22100 and until we don’t see a decisive move beyond the above-mentioned range traders should continue focusing on individual counters.

❇️Today's Results - BHARATFORG, COALINDIA, HAL, HEG, SAIL

Stock Market Wisdom | Swing Trading

08 Feb 2024 04:48

❇️Today's Event - RBI INTEREST RATE DECISION

Stock Market Wisdom | Swing Trading

07 Feb 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21920 S2 - 21830
R1 - 22170 R2 - 22250

BankNifty Futures :
S1 - 45750 S2 - 45450
R1 - 46200 R2 - 46500

FinNifty Futures :
S1 - 20400 S2 - 20320
R1 - 20520 R2 - 20600

MIDCPNIFTY :
S1 - 10750 S2 - 10680
R1 - 10860 R2 - 10930

S&P BSESENSX :
S1 - 71950 S2 - 71650
R1 - 72400 R2 - 72700

Nifty Highest Open Interest (8th Feb Weekly expiry) : Call: 22500 / Put : 21000

*FII DATA
as on 06/02/2024
(fig in crores) Cash Market
FII Net 92.52
FII Buy 16,944.43
FII Sell 16,851.91

India Vix : 15.78

GIFT Nifty: 22119

Securities in Ban For Trade Date 07-FEB-2024 - 1.ASHOKLEY, 2.HINDCOPPER, 3. INDIACEM, 4.INDUSTOWER, 5.NATIONALUM, 6.UPL, 7.ZEEL (Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 93 cr. Simultaneously, they bought worth Rs. 568 cr in Index futures with a rise in open interest, suggesting the addition of fresh longs. On the derivatives front, we observed the addition of long positions in Nifty; whereas mixed activity was seen in the banking index. On the options front, call writers exited their position seeing the broad-based strength. On the flip side, 21700-21900 put strikes added decent positions. FIIs remained net buyers in equities and index futures. Considering yesterday’s development, any decisive move beyond 22000-22100 shall be an encouraging sign and should be the start of another leg of the rally. On the lower side, the support is shifted towards the 21700-21800 zone.

❇️Today's Results - POWERGRID, TRENT, NESTLEIND, LUPIN, TATACONSUM, CUMMINSIND, APPOLOTYRE, MANNAPURAM

Stock Market Wisdom | Swing Trading

05 Feb 2024 04:35

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21860 S2 - 21770
R1 - 22010 R2 - 22100

BankNifty Futures :
S1 - 46000 S2 - 45700
R1 - 46450 R2 - 46750

FinNifty Futures :
S1 - 20470 S2 - 20400
R1 - 20580 R2 - 20650

MIDCPNIFTY :
S1 - 10670 S2 - 10600
R1 - 10780 R2 - 10850

S&P BSESENSX :
S1 - 71850 S2 - 71550
R1 - 72300 R2 - 72600

Nifty Highest Open Interest (8th Feb Weekly expiry) : Call: 23000 / Put : 21000

FII DATA as on 02/02/2024 (fig in crores) Cash Market
FII Net 70.69
FII Buy 15,476.31
FII Sell 15,405.62

India Vix : 14.69

GIFT Nifty: 21920

Securities in Ban For Trade Date 05-FEB-2024 - 1.HINDCOPPER, 2.INDIACEM, 3. INDUSTOWER, 4.SAIL, 5.ZEEL (Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 71 cr. Simultaneously, they bought worth Rs. 597 cr in Index futures with an insignificant fall in open interest, suggesting a mixed trade. On the derivatives front, the benchmark index saw some long additions, while the Bank Nifty witnessed short covering. On the options front, there have been insignificant developments, with scattered pilling of OI seen around 21800-21600 put strikes. On the flip side, the highest OI concentration is seen at 22200 CE, followed by 22000 CE, indicating nearby resistance for Nifty. FIIs added some long bets in the index's future segments, resulting in the advancement of the Long Short Ratio to 33% from 22% WoW. India VIX has seen some cool-off, though intraday volatility is likely to persist; hence, it is advisable to maintain a pragmatic approach for the time being.

❇️ Today's Results - ASHOKLEY, BAJAJELEC, GICHSGFIN, TATACHEM, VBL

Stock Market Wisdom | Swing Trading

01 Feb 2024 07:57

143++ GIVEN TARGET HIT ✌️
38% UP WITHIN 2 MONTH

Stock Market Wisdom | Swing Trading

31 Jan 2024 04:35

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21570 S2 - 21480
R1 - 21690 R2 - 21780

BankNifty Futures :
S1 - 45450 S2 - 45150
R1 - 45900 R2 - 46200

FinNifty Futures :
S1 - 20350 S2 - 20430
R1 - 20470 R2 - 20550

MIDCPNIFTY :
S1 - 10550 S2 - 10480
R1 - 10650 R2 - 10720

S&P BSESENSX :
S1 - 70900 S2 - 70600
R1 - 71350 R2 - 71650

Nifty Highest Open Interest (1st Feb Weekly expiry) : Call: 22500 / Put : 21000

FII DATA as on 30/01/2024 (fig in crores) Cash Market
FII Net (1,970.52)
FII Buy 14,275.70
FII Sell 16,246.22
India Vix : 16.10

GIFT Nifty: 21626

Securities in Ban For Trade Date 31-JAN-2024 - 1.ZEEL (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 1971 cr. Simultaneously, they sold worth Rs. 228 cr in Index futures with a decrease in open interest, indicating long unwinding. On the derivatives front, long unwinding was observed in Nifty, while Bank Nifty had insignificant changes. On the options front, scattered piling up of OI was seen at 21500-21300 put strikes, suggesting put writers’ shifting positions. On the flip side, 21700 CE has the highest OI concentration, indicating strong nearby resistance. The Long Short Ratio slightly cools down to 24% from 25%. Simultaneously, India VIX kept its up move ahead of the key event, suggesting a spike in uncertainty. Hence, we advocate traders to refrain from aggressive bets until the trend gets clear and maintain light positions ahead of the Budget session.

❇️Today's Event - Fed Interest Rate Decision

❇️Today's Results - AJANTPHARM, AMBUJACEM, BANKBARODA, DABUR, DIXON, GODREJCP, JINDALSTEL, MARUTI, SUNPHARMA

Stock Market Wisdom | Swing Trading

29 Jan 2024 04:34

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21430 S2 - 21350
R1 - 21710 R2 - 21800

BankNifty Futures :
S1 - 45050 S2 - 44800
R1 - 45500 R2 - 45800

FinNifty Futures :
S1 - 20080 S2 - 20000
R1 - 20200 R2 - 20280

MIDCPNIFTY :
S1 - 10360 S2 - 10300
R1 - 10470 R2 - 10550

S&P BSESENSX :
S1 - 70500 S2 - 70200
R1 - 70900 R2 - 71200

Nifty Highest Open Interest (1st Feb Weekly expiry) : Call: 23500 / Put : 20000

FII DATA as on 25/01/2024 (fig in crores) Cash Market
FII Net (2,144.06)
FII Buy 34,280.27
FII Sell 36,424.33
India Vix : 13.87

GIFT Nifty: 21651

Securities in Ban For Trade Date 29-JAN-2024 - NIL (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 2144 cr. Simultaneously, they bought worth Rs. 6995 cr in Index futures with a meaningful decline in open interest, due to expiry day. On the derivatives front, open interest reduction was observed in Nifty; whereas the banking index added majority of shorts in the week gone by. Rollover in Nifty and BankNifty stood at 81% and 77% respectively. Scattered piling up of OI was seen at 21300-21400 call strikes ahead of budget week. On the flip side, the highest OI concentration is seen at 21250 PE, indicating nearby support. FIIs continue to curb liquidity from the Indian equity market. Meanwhile, in the index futures segment they unwounded decent longs and carried forwarded shorts. Hence, the Long Short Ratio tanks to 22% from 46% WoW. For now, traders should expect a surge in volatility with the immediate range of 21150- 21600.

❇️ Today's Results - APOLLOPIPE, BAJFINANCE, BEL, BPCL, GAIL, GODFYPHLP, ITC, MARICO, NTPC, PEL, PETRONET, TATAINVEST

Stock Market Wisdom | Swing Trading

19 Jan 2024 09:53

Please note ,BSE and NSE to Conduct Special Live Trading Session on Saturday, 20th Jan, 2024 from 9.15hrs to test a disaster recovery site

This special live trading will be conducted in two trading sessions as follows:-

Trading Session 1 Time
Pre-Open open time 09:00 hrs
Pre-Open close time 09:08 hrs
Normal Market open time 09:15 hrs
Normal Market close time 10:00 hrs

Plz Note that the purchase of Friday cannot be settled on Saturday’s session

Trading Session 2 Time
Normal Market open time 11:30 hrs
Normal Market close time  12:30 hrs

Stock Market Wisdom | Swing Trading

17 Jan 2024 04:34

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21770 S2 - 21680
R1 - 22090 R2 - 22170

BankNifty Futures :
S1 - 48000 S2 - 47700
R1 - 48450 R2 - 48750

FinNifty Futures :
S1 - 21450 S2 - 21370
R1 - 21560 R2 - 21650

MIDCPNIFTY :
S1 - 10500 S2 - 10430
R1 - 10620 R2 - 10700

S&P BSESENSX :
S1 - 72900 S2 - 72600
R1 - 73350 R2 - 73650

Nifty Highest Open Interest (18th Jan Weekly expiry) : Call: 22500 / Put : 22000

FII DATA as on 16/01/2024 (fig in crores) Cash Market
FII Net 656.57
FII Buy 12,212.14
FII Sell 11,555.57
India Vix : 13.57

GIFT Nifty: 21833

👉FIIs were net buyers in the cash market segment to the tune of Rs. 657 cr. Simultaneously, they sold worth Rs. 135 cr in Index futures with a marginal decrease inopen interest, indicating long unwinding. On the derivatives front, we observed marginal short additions in both key indices. On the options front, a scattered piling of OI is seen from 22000-21700 put strikes, suggesting a series of nearby support zone. On the flip side, 22000-22200 call strikes witnessed a decent piling of OI, suggesting probable resistance. The stronger hands added longs in cash and curtailed longs in the index future segments; Long Short Ratio remains unchanged at 66%. Considering the mentioned data, the market seems to have a volatile session, and hence, it is advisable to refrain from aggressive bets on either side for the time being.

❇️Today's Results - ASIANPAINT, ICICIPRULI, LTIM

Stock Market Wisdom | Swing Trading

11 Jan 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21650 S2 - 21570
R1 - 21790 R2 - 21870

BankNifty Futures :
S1 - 47400 S2 - 47100
R1 - 47800 R2 - 48100

FinNifty Futures :
S1 - 21270 S2 - 21200
R1 - 21400 R2 - 21480

MIDCPNIFTY :
S1 - 10370 S2 - 10300
R1 - 10480 R2 - 10550

S&P BSESENSX :
S1 - 71400 S2 - 71100
R1 - 71900 R2 - 72200

Nifty Highest Open Interest (11th Jan Weekly expiry) : Call: 21800 / Put : 21500

FII DATA as on 10/01/2024 (fig in crores) Cash Market
FII Net (1,721.35)
FII Buy 9,621.87
FII Sell 11,343.22
India Vix : 12.97

GIFT Nifty: 21733

Securities in Ban For Trade Date 11-JAN-2024 - 1.BALRAMCHIN, 2.BANDHANBNK, 3. CHAMBLFERT, 4.ESCORTS, 5.HINDCOPPER, 6.IEX, 7.INDIACEM, 8.INDUSTOWER, 9.NATIONALUM, 10.PEL, 11.PVRINOX, 12.SAIL, 13.ZEEL (Source - nseindia.com)

❇️Today's Results - HDFCAMC, INFY, TCS

Stock Market Wisdom | Swing Trading

08 Jan 2024 04:33

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21700 S2 - 21620
R1 - 21850 R2 - 21930

BankNifty Futures :
S1 - 48150 S2 - 47850
R1 - 48600 R2 - 48900

FinNifty Futures :
S1 - 21550 S2 - 21470
R1 - 21670 R2 - 21750

MIDCPNIFTY :
S1 - 10500 S2 - 10430
R1 - 10610 R2 - 10680

S&P BSESENSX :
S1 - 71800 S2 - 71500
R1 - 72250 R2 - 72550

Nifty Highest Open Interest (11th Jan Weekly expiry) : Call: 22500 / Put : 21000

FII DATA as on 05/01/2024 (fig in crores) Cash Market
FII Net 1,696.86
FII Buy 12,677.19
FII Sell 10,980.33

India Vix : 12.63

GIFT Nifty: 21769

Securities in Ban For Trade Date 08-JAN-2024 - 1.BALRAMCHIN, 2. CHAMBLFERT, 3.DELTACORP, 4.ESCORTS, 5.GNFC, 6.IEX, 7.INDIACEM, 8.NATIONALUM, 9.PEL, 10.SAIL, 11.ZEEL (Source - nseindia.com)

Stock Market Wisdom | Swing Trading

05 Jan 2024 04:32

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21700 S2 - 21620
R1 - 21850 R2 - 21930

BankNifty Futures :
S1 - 48300 S2 - 48000
R1 - 48700 R2 - 49000

FinNifty Futures :
S1 - 21580 S2 - 21500
R1 - 21700 R2 - 21780

MIDCPNIFTY :
S1 - 10500 S2 - 10430
R1 - 10610 R2 - 10680

S&P BSESENSX :
S1 - 71600 S2 - 71300
R1 - 72050 R2 - 72350

Nifty Highest Open Interest (11th Jan Weekly expiry) : Call: 22500 / Put : 21500

FII DATA as on 04/01/2024 (fig in crores) Cash Market
FII Net 1,513.41
FII Buy 14,864.83
FII Sell 13,351.42
India Vix : 13.33

GIFT Nifty: 21770

Securities in Ban For Trade Date 04-JAN-2024 - 1.BALRAMCHIN, 2. DELTACORP, 3.HINDCOPPER , 4.IEX, 5.NATIONALUM, 6.SAIL, 7.ZEEL (Source - nseindia.com)

Stock Market Wisdom | Swing Trading

02 Jan 2024 04:34

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21790 S2 - 21700
R1 - 21950 R2 - 22050

BankNifty Futures :
S1 - 48300 S2 - 48000
R1 - 48750 R2 - 49000

FinNifty Futures :
S1 - 21550 S2 - 21470
R1 - 21670 R2 - 21750

MIDCPNIFTY :
S1 - 10360 S2 - 10300
R1 - 10470 R2 - 10550

S&P BSESENSX :
S1 - 72050 S2 - 71750
R1 - 72500 R2 - 72800

Nifty Highest Open Interest (4th Jan Weekly expiry) : Call: 22000 / Put : 21700

FII DATA as on 01/01/2024 (fig in crores) Cash Market
FII Net (855.80)
FII Buy 1,311.29
FII Sell 2,167.09
India Vix : 14.68

GIFT Nifty: 21858

Securities in Ban For Trade Date 02-JAN-2024 - 1.BALRAMCHIN, 2. HINDCOPPER (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 856 cr. Simultaneously, they sold worth Rs. 285 cr in Index futures with negligible increase in open interest. On the derivatives front, there have been insignificant changes in the key indices. On the options front, a decent piling of OI is seen from 21700-21500 put strikes, indicating a series of support zone. On the flip side, call writers’ have scattered positioning from 21800-22000 strikes, suggesting intermediate resistance. The Long Short Ratio marginally corrected to 69% from 70%. Considering the recent developments, our market seems to hover within the mentioned range. Meanwhile, looking at the overbought parameters and recent price actions, it is advisable to avoid aggressive long bets as the market seems vulnerable to a long-due correction

Stock Market Wisdom | Swing Trading

01 Jan 2024 04:33

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21770 S2 - 21680
R1 - 21950 R2 - 22050

BankNifty Futures :
S1 - 48400 S2 - 48100
R1 - 48850 R2 - 49100

FinNifty Futures :
S1 - 21600 S2 - 21520
R1 - 21720 R2 - 21800

MIDCPNIFTY :
S1 - 10340 S2 - 10270
R1 - 10450 R2 - 10520

S&P BSESENSX :
S1 - 72000 S2 - 71700
R1 - 72450 R2 - 72750

Nifty Highest Open Interest (4th Jan Weekly expiry) : Call: 22000 / Put : 21500

FII DATA as on 29/12/2023 (fig in crores) Cash Market
FII Net 1,459.12
FII Buy 9,503.57
FII Sell 8,044.45

India Vix : 14.50

GIFT Nifty: 21829

Securities in Ban For Trade Date 01-JAN-2024 - 1.HINDCOPPER (Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 1459 cr. Simultaneously, they bought worth Rs. 300 cr in Index futures with an increase in open interest, indicating long formations. On the derivative front, short covering was seen in key indices amidst the monthly expiry week. For the upcoming week, a decent piling of OI is seen from 21700-21500 put strikes, indicating a series of nearby supports. While on the higher end, the highest concentration of OI stands at 22000 call strike, suggesting an immediate hurdle for Nifty. FIIs remain buoyant with their contribution in cash and index future segments, as the ’Long Short ratio’ advanced to 70% from 65% on a weekly basis. Considering the recent developments, the market seems a bit on the overbought side and might attract some profit booking in the near period. It is advisable to have a pragmatic approach while being extremely selective with stock preferences.

Stock Market Wisdom | Swing Trading

13 Feb 2024 04:34

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21640 S2 - 21550
R1 - 21810 R2 - 21900

BankNifty Futures :
S1 - 44850 S2 - 44550
R1 - 45300 R2 - 45600

FinNifty Futures :
S1 - 19940 S2 - 19850
R1 - 20050 R2 - 20130

MIDCPNIFTY :
S1 - 10630 S2 - 10550
R1 - 10720 R2 - 10800

S&P BSESENSX :
S1 - 70850 S2 - 70550
R1 - 71300 R2 - 71600

Nifty Highest Open Interest (15th Feb Weekly expiry) : Call: 22000 / Put : 21000

FII DATA as on 12/02/2024 (fig in crores) Cash Market
FII Net 126.60
FII Buy 9,156.97
FII Sell 9,030.37
India Vix : 16.06

GIFT Nifty: 21747

Securities in Ban For Trade Date 13-FEB-2024 - 1.ABFRL, 2.ASHOKLEY, 3. AUROPHARMA, 4.BALRAMCHIN, 5.BANDHANBNK, 6.BIOCON, 7.DELTACORP, 8.HINDCOPPER, 9.INDIACEM, 10.INDUSTOWER, 11.PNB, 12. SAIL, 13.ZEEL (Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 127 cr. Simultaneously, they sold worth Rs. 126 cr in Index futures with an increase in open interest, suggesting short additions. On the derivatives front, we observed the addition of short bets in both key indices at the start of the week. On the options front, 21500 PE holds the highest OI concentration, followed by decent piling towards 21400 put strikes, suggesting a slight drift in the support zone. On the higher end, a scattered piling is observed from 21700-21900 call strikes, indicating a series of nearby resistance. The Long Short Ratio remains unchanged at 34% amidst muted participation from stronger hands. Considering the data, the benchmark index is likely to continue to struggle within a confined range with bearish biases, while major activity lies in the broader space.

🟢Today's Results - BHEL, EICHERMOT, HINDALCO, IRCTC, SIEMENS, ZEEL

Stock Market Wisdom | Swing Trading

09 Feb 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21710 S2 - 21620
R1 - 21870 R2 - 21950

BankNifty Futures :
S1 - 45000 S2 - 44700
R1 - 45450 R2 - 45750

FinNifty Futures :
S1 - 20100 S2 - 20020
R1 - 20220 R2 - 20300

MIDCPNIFTY :
S1 - 10800 S2 - 10730
R1 - 10900 R2 - 10970

S&P BSESENSX :
S1 - 71200 S2 - 70900
R1 - 71650 R2 - 71950

Nifty Highest Open Interest (15th Feb Weekly expiry) : Call: 22000 / Put : 21000

FII DATA as on 08/02/2024 (fig in crores) Cash Market
FII Net (4,933.78)
FII Buy 16,248.71
FII Sell 21,182.49

India Vix : 15.83

GIFT Nifty: 21775

Securities in Ban For Trade Date 09-FEB-2024 - 1.ASHOKLEY, 2.AUROPHARMA, 3. BALRAMCHIN, 4.BIOCON, 5.DELTACORP, 6.HINDCOPPER, 7.INDIACEM, 8.INDUSTOWER, 9.NATIONALUM, 10.PNB, 11.SAIL, 12. UPL (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 4934 cr. Simultaneously, they sold worth Rs. 1205 cr in Index futures with a rise in open interest, suggesting the addition of fresh shorts. On the derivatives front, open interest activity remained muted for Nifty; while the banking index saw the addition of bearish bets. The build-up remained scattered on the call side, with a decent build-up in 21800 strike. On the flip side, no meaningful build-up was seen in put strikes on the weekly settlement day. FIIs remained net sellers in equities and index futures. Considering yesterday’s development, we believe any follow-up selling in the coming session shall bring the index towards 21500-21400 zone.

❇️Today's Results - GODREJIND, HEROMOTOCO, TATAPOWER

Stock Market Wisdom | Swing Trading

08 Feb 2024 04:35

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21940 S2 - 21850
R1 - 22110 R2 - 22200

BankNifty Futures :
S1 - 45900 S2 - 45600
R1 - 46350 R2 - 46650

FinNifty Futures :
S1 - 20500 S2 - 20420
R1 - 20620 R2 - 20700

MIDCPNIFTY :
S1 - 10800 S2 - 10730
R1 - 10910 R2 - 10980

S&P BSESENSX :
S1 - 71900 S2 - 71600
R1 - 72350 R2 - 72650

Nifty Highest Open Interest (8th Feb Weekly expiry) : Call: 22300 / Put : 21900

FII DATA as on 07/02/2024 (fig in crores) Cash Market
FII Net (1,691.02)
FII Buy 14,534.64
FII Sell 16,225.66
India Vix : 15.50

GIFT Nifty: 22048

Securities in Ban For Trade Date 08-FEB-2024- 1.ASHOKLEY, 2.BALRAMCHIN, 3. DELTACORP, 4.HINDCOPPER, 5.INDIACEM, 6.INDUSTOWER, 7.NATIONALUM, 8.SAIL, 9.UPL, 10.ZEEL (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 1691 cr. Simultaneously, they sold worth Rs. 1253 cr in Index futures with a rise in open interest, suggesting the addition of fresh shorts. On the derivatives front, open interest activity remained muted for Nifty; while the banking index saw the addition of mixed bets. The build-up remained scattered on the call side, with the highest open interest concentration shifting to 22300. On the flip side, 21800-21900 put strikes added decent positions ahead of the weekly settlement. FIIs turned net sellers in equities and index futures. Considering yesterday’s development, any decisive move beyond 22000-22100 shall be an encouraging sign and should be the start of another leg of the rally. On the lower side, the support is shifted towards the 21700-21800 zone.

❇️Today's Results - APOLLOHOP, GRASIM, TORRENTPOWER, UBL, PAGEIND, BIOCON, AARTIIND,

Stock Market Wisdom | Swing Trading

06 Feb 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21740 S2 - 21650
R1 - 21880 R2 - 21970

BankNifty Futures :
S1 - 45800 S2 - 45500
R1 - 46250 R2 - 46550

FinNifty Futures :
S1 - 20320 S2 - 20250
R1 - 20430 R2 - 20500

MIDCPNIFTY :
S1 - 10680 S2 - 10600
R1 - 10800 R2 - 10870

S&P BSESENSX :
S1 - 71500 S2 - 71200
R1 - 71950 R2 - 72250

Nifty Highest Open Interest (8th Feb Weekly expiry) : Call: 22000 / Put : 21000

FII DATA as on 05/02/2024 (fig in crores) Cash Market
FII Net 518.88
FII Buy 14,276.22
FII Sell 13,757.34
India Vix : 15.62

Securities in Ban For Trade Date 06-FEB-2024 - 1.HINDCOPPER, 2.INDIACEM, 3. INDUSTOWER, 4.NATIONALUM, 5.UPL, 6.ZEEL (Source - nseindia.com)

❇️Today's Results - BRITANNIA, CHAMBLFERT, GODREJPROP, JKTYRE

Stock Market Wisdom | Swing Trading

02 Feb 2024 04:35

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21690 S2 - 21600
R1 - 21970 R2 - 22050

BankNifty Futures :
S1 - 46200 S2 - 45900
R1 - 46650 R2 - 46950

FinNifty Futures :
S1 - 20560 S2 - 20480
R1 - 20670 R2 - 20750

MIDCPNIFTY :
S1 - 10580 S2 - 10500
R1 - 10690 R2 - 10760

S&P BSESENSX :
S1 - 71400 S2 - 71100
R1 - 71900 R2 - 72200

Nifty Highest Open Interest (8th Feb Weekly expiry) : Call: 22000 / Put : 21700

*FII DATA
as on 01/02/2024
(fig in crores) Cash Market
FII Net (1,879.58)
FII Buy 19,287.92
FII Sell 21,167.50

India Vix : 14.45

GIFT Nifty: 21907

Securities in Ban For Trade Date 02-FEB-2024 - 1.INDIACEM, 2.INDUSTOWER, 3. SAIL, 4. ZEEL (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 1880 cr. Simultaneously, they bought worth Rs. 832 cr in Index futures with an insignificant fall in open interest, suggesting a mixed trade. On the derivatives front, we observed a mixed set of trades in the key indices amidst the weekly settlement and the Budget session. On the options front, scattered piling up of OI was seen at 21700-21500 put strikes for the upcoming weekly contract. On the flip side, 22000 CE has piled up OI concentration, indicating the next potential resistance. The Long Short Ratio slightly advanced to 31% from 30%. Considering the recent data, markets are likely to remain sideways with more emphasis on the broader space. Simultaneously, until we witness a trend confirmation, it is advisable to refrain from aggressive bets in the index.

❇️TODAY'S RESULTS - CENTURYTEX, ENGINERSIN, INDIGO, LICHGSFIN, NIITLTD, TATAMOTORS, UPL

Stock Market Wisdom | Swing Trading

01 Feb 2024 04:35

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21750 S2 - 21650
R1 - 21880 R2 - 21980

BankNifty Futures :
S1 - 46100 S2 - 45800
R1 - 46550 R2 - 46850

FinNifty Futures :
S1 - 20560 S2 - 20480
R1 - 20670 R2 - 20750

MIDCPNIFTY :
S1 - 10650 S2 - 10580
R1 - 10760 R2 - 10830

S&P BSESENSX :
S1 - 71500 S2 - 71200
R1 - 72000 R2 - 72300

Nifty Highest Open Interest (1st Feb Weekly expiry) : Call: 22500 / Put : 21500

FII DATA as on 31/01/2024 (fig in crores) Cash Market
FII Net 1,660.72
FII Buy 26,054.03
FII Sell 24,393.31
India Vix : 16.04

GIFT Nifty: 21824

Securities in Ban For Trade Date 31-JAN-2024 - 1.SAIL, 2.ZEEL (Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 1661 cr. Simultaneously, they bought worth Rs. 802 cr in Index futures with an increase in open interest, indicating long additions. On the derivatives front, we observed mild long additions in the benchmark index ahead of the weekly settlement and the Budget Day. On the options front, scattered piling up of OI was seen at 21700-21500 put strikes, with the highest OI concentration at 21500 strike. On the flip side, 21700-21900 CE has piled up OI concentration, indicating strong nearby resistance. The Long Short Ratio slightly advanced to 30% from 22% during the start of the week. Considering the recent data and the Budget Day, volatility is likely to persist. Hence, we advocate traders to refrain from aggressive bets on either side until the trend stabilizes and focus on thematic movers for an outperformance.

❇️Today's Event - Union Buudget 2024-25

❇️Today's Results - ADANIENT, ADANIPORTS, BATAINDIA, CASTROLIND, INDHOTEL, INDIACEM, LALPATHLAB, PRAJIND, RAYMOND, SONATASOFW, TITAN, VGUARD

Stock Market Wisdom | Swing Trading

30 Jan 2024 04:34

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21800 S2 - 21700
R1 - 22020 R2 - 22100

BankNifty Futures :
S1 - 45500 S2 - 45200
R1 - 45950 R2 - 46200

FinNifty Futures :
S1 - 20400 S2 - 20320
R1 - 20510 R2 - 20600

MIDCPNIFTY :
S1 - 10620 S2 - 10550
R1 - 10730 R2 - 10800

S&P BSESENSX :
S1 - 71700 S2 - 71400
R1 - 72150 R2 - 72450

Nifty Highest Open Interest (1st Feb Weekly expiry) : Call: 22500 / Put : 21500

FII DATA as on 29/01/2024 (fig in crores) Cash Market
FII Net 110.01
FII Buy 19,030.42 FII Sell 18,920.41

India Vix : 15.68

GIFT Nifty: 21958

Securities in Ban For Trade Date 30-JAN-2024 - NIL (Source - nseindia.com)

FIIs were net buyers in the cash market segment to the tune of Rs. 110 cr. Simultaneously, they bought worth Rs. 1137 cr in Index futures with a negligible increase in open interest. On the derivatives front, long addition was seen in Nifty, while short covering was observed in Bank Nifty at the start of the eventful week. On the options front, significant piling up of OI was seen at 21700-21500 put strikes, indicating a series of support. On the flip side, 21800 CE has a decent positioning of OI, followed by 22000 CE, indicating the next potential resistance. FIIs turned net buyers in cash and added some longs in the index futures, advancing the Long Short Ratio to 25% from 22%. Simultaneously, India VIX has witnessed a considerable surge of 13 odd percent, suggesting caution and avoiding complacency with the recent developments. Hence, we advocate traders to remain selective while selecting stocks and refrain from aggressive bets.

❇️Today's Results - BAJAJFINSV, COCHINSHIP, DRREDDY, KEC, KPITTECH, LT, M&MFIN, VOLTAS

Stock Market Wisdom | Swing Trading

23 Jan 2024 04:37

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21550 S2 - 21470
R1 - 21850 R2 - 21950

BankNifty Futures :
S1 - 45900 S2 - 45600
R1 - 46350 R2 - 46650

FinNifty Futures :
S1 - 20530 S2 - 20450
R1 - 20650 R2 - 20730

MIDCPNIFTY :
S1 - 10570 S2 - 10500
R1 - 10680 R2 - 10750

S&P BSESENSX :
S1 - 71200 S2 - 70900
R1 - 71650 R2 - 71950

Nifty Highest Open Interest (25th Jan Monthly expiry) : Call: 22500 / Put : 20500

FII DATA as on 20/01/2024 (fig in crores) Cash Market
FII Net (545.58)
FII Buy 305.58
FII Sell 851.16
India Vix : 13.80

GIFT Nifty: 21787

Securities in Ban For Trade Date 23-JAN-2024 - 1.ABFRL, 2.BALRAMCHIN, 3.DELTACORP, 4.IEX, 5.IRCTC, 6.NATIONALUM, 7.OFSS, 8.POLYCAB, 9.RBLBANK, 10.SAIL, 11.ZEEL (Source - nseindia.com)

FIIs were net sellers in the cash market segment to the tune of Rs. 546 cr. Simultaneously, they sold worth Rs. 528 cr in Index futures with an increase in open interest, indicating short addition. On the options front, short additions were seen in both key indices amidst a strong sell-off. For the upcoming monthly expiry week, the highest concentration of OI is seen at 21500 put strike, indicating a nearby support zone. While on the higher end, a decent piling of OI is seen around 21700-21800 call strikes, suggesting an immediate hurdle for Nifty. The stronger hands have added shorts in the cash and index futures segment, plummeting the ’Long Short ratio’ to 46% from 63% on a weekly basis. Considering the recent developments, the market seems a bit tentative and might attract further rounds of profit booking in the near period. It is advisable to have a one-step at a time approach while being extremely selective with stock preferences.

❇️Today's Results - AXISBANK, PIDILITIND, HAVELLS, JSWENERGY, UBL, CGPOWER, INDUSTOWER, TATAELXSI, L&TFH, MGL, GRANULES

Stock Market Wisdom | Swing Trading

19 Jan 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21460 S2 - 21370
R1 - 21650 R2 - 21750

BankNifty Futures :
S1 - 45650 S2 - 45350
R1 - 46100 R2 - 46400

FinNifty Futures :
S1 - 20360 S2 - 20280
R1 - 20470 R2 - 20550

MIDCPNIFTY :
S1 - 10400 S2 - 10330
R1 - 10500 R2 - 10570

S&P BSESENSX :
S1 - 70950 S2 - 70650
R1 - 71400 R2 - 71700

Nifty Highest Open Interest (25th Jan Monthly expiry) : Call: 22000 / Put : 21000

FII DATA as on 18/01/2024 (fig in crores) Cash Market
FII Net (9,901.56)
FII Buy 14,934.98
FII Sell 24,836.54
India Vix : 14.07

GIFT Nifty: 21590

Securities in Ban For Trade Date 19-JAN-2024 - 1.ABFRL, 2.ASHOKLEY, 3.BALRAMCHIN, 4.BANDHANBNK, 5.DELTACORP, 6.HINDCOPPER, 7.IEX, 8.METROPOLIS, 9.NATIONALUM, 10.POLYCAB, 11.PVRINOX, 12.SAIL, 13.ZEEL (Source - nseindia.com)

👉FIIs were net sellers in the cash market segment to the tune of Rs. 9902 cr. Simultaneously, they sold worth Rs. 2508 cr in Index futures with an increase in open interest, indicating short addition. On the derivatives front, we observed a mixed bag of trade on the weekly settlement, with prominent adding short positions. On the options front, a scattered piling of OI is seen from 21400-21200 put strikes, suggesting a downward shift in the support zone. On the flip side, piling up of OI is seen at 21500-21600 call strikes, indicating nearby resistance. The stronger hands added fresh longs in index futures, resulting in a plunge in the Long Short Ratio to 49% from 54%. Considering the mentioned data, the market seems bearish with a shift in trading range on the lower side. It is advisable to stay cautious and not get carried away by some swift rebound and maintain agility in the volatile market conditions.

❇️Today's Results - RELIANCE, ULTRACEMCO, HINDUNILVR, HINDZINC, SUPERMEIND, PAYTM, CENTRALBNK, ATUL, RBLBANK, CESC

Stock Market Wisdom | Swing Trading

15 Jan 2024 04:34

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21890 S2 - 21800
R1 - 22110 R2 - 22200

BankNifty Futures :
S1 - 47600 S2 - 47300
R1 - 48050 R2 - 48300

FinNifty Futures :
S1 - 21330 S2 - 21250
R1 - 21450 R2 - 21530

MIDCPNIFTY :
S1 - 10500 S2 - 10430
R1 - 10600 R2 - 10670

S&P BSESENSX :
S1 - 72350 S2 - 72050
R1 - 72800 R2 - 73100

Nifty Highest Open Interest (18th Jan Weekly expiry) : Call: 22500 / Put : 21700

FII DATA as on 12/01/2024 (fig in crores) Cash Market
FII Net (340.05)
FII Buy 11,904.24
FII Sell 12,244.29
India Vix : 13.10

GIFT Nifty: 22050

Securities in Ban For Trade Date 15-JAN-2024 - 1.BANDHANBNK, 2.BHEL, 3. CHAMBLFERT, 4.DELTACORP, 5.ESCORTS, 6.HINDCOPPER, 7.INDIACEM, 8.INDUSTOWER, 9.METROPOLIS, 10.NATIONALUM, 11.PEL, 12.POLYCAB, 13.PVRINOX, 14.SAIL, 15.ZEEL (Source - nseindia.com)

❇️Today's Result - RIIL

Stock Market Wisdom | Swing Trading

10 Jan 2024 04:32

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21520 S2 - 21430
R1 - 21670 R2 - 21750

BankNifty Futures :
S1 - 47150 S2 - 46900
R1 - 47600 R2 - 47900

FinNifty Futures :
S1 - 21230 S2 - 21150
R1 - 21350 R2 - 21430

MIDCPNIFTY :
S1 - 10370 S2 - 10300
R1 - 10480 R2 - 10550

S&P BSESENSX :
S1 - 71150 S2 - 70850
R1 - 71600 R2 - 71900

Nifty Highest Open Interest (11th Jan Weekly expiry) : Call: 21700 / Put : 21000

FII DATA as on 09/01/2024 (fig in crores) Cash Market
FII Net (990.90)
FII Buy 10,035.26
FII Sell 11,026.16 India Vix : 13.26

GIFT Nifty: 21570

Securities in Ban For Trade Date 10-JAN-2024 - 1.BALRAMCHIN, 2.BANDHANBNK, 3. CHAMBLFERT, 4.DELTACORP, 5.ESCORTS, 6.GNFC, 7.HINDCOPPER, 8.IEX, 9.INDIACEM, 10.NATIONALUM, 11.PEL, 13.SAIL (Source - nseindia.com)

Stock Market Wisdom | Swing Trading

05 Jan 2024 10:59

240+ 🔥💥🚀🚀
10% UP 💹

Stock Market Wisdom | Swing Trading

03 Jan 2024 04:36

Standard Support / Resistance : Intraday

Nifty Futures :
S1 - 21620 S2 - 21530
R1 - 21820 R2 - 21900

BankNifty Futures :
S1 - 47700 S2 - 47400
R1 - 48150 R2 - 48400

FinNifty Futures :
S1 - 21400 S2 - 21320
R1 - 21520 R2 - 21600

MIDCPNIFTY :
S1 - 10300 S2 - 10230
R1 - 10420 R2 - 10500

S&P BSESENSX :
S1 - 71650 S2 - 71350
R1 - 72100 R2 - 72400

Nifty Highest Open Interest (4th Jan Weekly expiry) : Call: 21800 / Put : 21000

FII DATA as on 02/01/2024 (fig in crores) Cash Market
FII Net 1,602.16
FII Buy 10,200.31
FII Sell 8,598.15
India Vix : 14.58

GIFT Nifty: 21681

Securities in Ban For Trade Date 03-JAN-2024 - 1.BALRAMCHIN, 2. DELTACORP, 3.HINDCOPPER , 4.IEX, 5.SAIL, 6.ZEEL (Source - nseindia.com)

❇️Today's Event - FOMC Minutes

Stock Market Wisdom | Swing Trading

01 Jan 2024 07:12

🟢TATAPOWER BUYING RANGE CMP 333 - 316
STOPLOSS 312
TARGET 360/370/380

Stock Market Wisdom | Swing Trading

29 Dec 2023 04:39

❇️ Indian markets are likely to open on a flat note, tracking global cues

❇️Asian markets are trading on a mixed note. (GIFT Nifty: 21948)

❇️US markets ended on a mixed note. (Dow Jones (+53 pts), Nasdaq (-4 pts)

❇️FIIs were net buyers in the cash segment (Rs 4,358.99 crores)