Hello Friends,
Previous Day: After 3 days vacation and news market opened high and keep moving higher; but at top market shown weakness and profit booking as distribution zone and below it nice fall. later on retrace back near to vwap. covered in telegram and twitter updated later.
Participant Wise: FII and Pro increase Bearish Position Change (Still Overall Position slight Neutral); Clients just opposite with Bullish Change (Overall Bullish).
OI Based: Nifty showing Future OI buildup and Banknifty Fut OI unwinding.
Trend: Multi timeframe, showing bullish trend remain resume.
Global: Global looks Neutral.
Opening: SGX showing positive opening.
Range: Resistance 11600-11625 and 11680-11700 & Support 11525 and 11450.
Overview: Careful near Yesterday high, if that accepted then stay long until previous close protected.
Thanks n Regards!
SanJeet Kumar
Twitter: www.twitter.com/sanjufunda
Telegram: t.me/sfviews
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