FIIs activity in derivatives was muted today and they were net buyers for ₹73 crores in equity segment. Nifty NOV shed 7K contracts in Open Interest most of which were rolled over to DEC. Banknifty added Open Interest in both NOV and DEC contracts.
MO at 11
The NF has another neutral day within its recent range with 2 opposing timeframes trading this range which is set at 10390 on the higher side and 10330 F on the lower. Visible in the OrderFlow today again was the sharp selling at 10380 Plus and an equally strong response from 10330 F today. To understand […]
OrderFlow Charts and Notes 23rd Nov 17
Trading Room charts dated 23rd Nov 2017
The NF and the BNF Profiles from Thursday’s session( Nov Futures)
Mid-week review FIIs have added 4K long Index Futures, covered 9K short Index Futures and added 24K short Stocks Futures in the current week. They have been net sellers in equity segment for ₹1527 crores this week. Nifty NOV has shed 17K contracts this week partly rolled over to DEC. Banknifty OI has remained flat.
MO at 7
The NF opened higher but the open was rejected and the auction headed lower to 10320 where a positive delta divergence spurred by strong responsive buying helped push the index back to 10370. The auction above 10385 in coming two sessions should move higher to 10450 F which now represents the path of the lower […]
OrderFlow Charts and Notes 22nd Nov 17