BANK NIFTY , NIFTY , TRADE ON 27.08.2021

 Today, bank nifty feature  gap down opening at 35520 level and made  day high 35787  but  due to monthly expire , market  was range between 35600 to 35800 level  , after end of trading session bank nifty close 35618.  as my previous  analysis yesterday, my call expiree give good profit. 

Tomorrow, trade is very important for bank nifty 35800 level , if its cross 35800 level, a good up move may seen 36000 level , but if  it is break 35429 level down side , a support touch 35200 level & 35000 level. respectively.

Today  nifty feature  flat opening  and made a day high 16671 level, but  due to  monthly expire, nifty rang between 16600 to 16700 level,   nifty  was close 16638 level . yesterday , my call give good return my strangle  about 16700  level & 16500 level.

 tomorrow , Nifty 16700 level to watch for trading , if its cross 16700 level , a good up move may seen 16800 level. stop loss nifty 16500  level ,those who are  long position  of  nifty .

 

  FII & DII Net buy & sell   ( Data on 26/08/2021)

 FII CM :- -1974 Cr, DII CM:- 1055 Cr

 FII IDX FUT :- 208 Cr, FII IDX OPT:- 1930 Cr

EXPIRE TRADE NIFTY & BANKNIFTY ON 26/08/2021

Today bank nifty feature  flat opening  and made high 35909.95 but  due to profit booking market drag down & close 35595 , after end of trading session.  Open interest build up 35500 put around 20.2 lakh &  Open interest build up 36000  call around 22 lakh , tomorrow is monthly expiree  , so bank nifty could move up to 36000 level .

A good call for bank nifty  sell C,E 36000  @ 60 RS and hedge with buy 36200 C.E  & SELL P.E 34500 @  150 RS and hedge with buy 34300 P.E. expire 26/08/2021.

Today  nifty feature  flat opening  and made high 16713 but  due to profit booking market drag down & close 16635 , after end of trading session.  Open interest build up 16500 level put around 72 lakh &  Open interest build up 16700  call around  68.3 lakh , tomorrow is monthly expiree  , so nifty could move up to 16700 level  & may close 16500 to 16700 level .

  A good call for bank nifty  sell C,E 16700  @ 55  RS and hedge with buy 16800 C.E  & SELL P.E 16600  @ 55 RS and hedge with buy 16300 P.E. expire 26/08/2021.

  FII & DII Net buy & sell

 FII CM :- -1071.83 CR, DII CM:--151 

 FII IDX FUT :- 78 , FII IDX OPT:- 2340.71 CR

BANK NIFT , NIFTY TRADE ON DATE 24/08/2021

 Today bank nifty  gap up opening but  due to profit booking market drag down & break 35000 level & then  rang between 34800 to 35200 , after end of trading session Bank nifty close 35125.  Open interest build up 35000 put around 20.5 lakh &  Open interest build up 35000  call around 17.9 lakh , it clearly indicate market will be rang this monthly expire , tomorrow see the bank nifty  35200 level , if  bank nifty sustained this level , a good up move around 35500 level ,

A good call for bank nifty  sell C,E 35800  @ 86 .00 RS and hedge with buy 36000 C.E  & SELL P.E 34500 @ 90  RS and hedge with buy 34300 P.E. expire 26/08/2021.

 but , today  nifty feature  gap up  opening 16560 level  but due to  profit booking  market drag down & break 16400 level &  days low around 16392 , again bunch back  16495 level .Open interest build up 16400 put around 39.6 lakh &  Open interest build up 16600  call around 56.6 lakh , it clearly indicate market will be rang in between 16400 to 16600 this monthly expire , 

A good call for bank nifty  sell C,E 16600  @ 55 .00 RS and hedge with buy 16700 C.E  & SELL P.E 45.45 @ 60 RS and hedge with buy 16300 P.E. expire 26/08/2021.

  FII & DII Net buy & sell

 FII CM :- -1363.36 CR, DII CM:-119  

 FII IDX FUT :- 309 CR, FII IDX OPT:- -976

stock market technical analysis

                               Market view for Thursday  expiry  Nifty & Bank nifty .

A little bit week as compare with nifty, If nifty cross 16500 , you can long position, as it shown continue long position, stop loss 16400 & 16200 for immediate supported , Good buying seen FMCG , paint , HUL, ITC , ASIANPAINT on Friday trade  , so you can take long position  with stop loss, over all nifty seen bullish , if nifty not break 16000 level , A good up move will be soon. my target 17000 level soon achieved.

OPTION FOR 26/08/2021 ,    C.E SELL :- 16600 &  .C.E BUY 16650 . 

BANKNIFTY :- bank nifty is seen week as compare to nifty ,  immediate resistance level for  35146 ,35000 and support  34975 & 34500. SBI is current price  good for long term , SBI may broke 400 level as huge quantity sell in today market.

OPTION FOR 26/08/2021 ,    C.E SELL :- 35800 &  .C.E BUY  . 36000