Nifty breaks 50 day EMA as well

3 oct 2023

- On the bounce 19560 odd levels acted as resistance
- Nifty closed the day below 50 day EMA

Let’s see what Data is telling us for 04 Oct 2023…

Index Futures
Retail traders added 14382 Long Contracts and squared off 4026 Short Contracts
FIIs squared off 1327 Long Contracts and added 19261 Short Contracts
Pro traders squared off 1061 Long Contracts and squared off 2251 Short Contracts

Index Call Option
Retail traders added 13.04 Lakh Call Long Contracts and added 12.98 Lakh Call Short Contracts
FIIs added 3.76 Lakh Call Long Contracts and added 1.34 Lakh Call Short Contracts
Pro traders added 3.12 Lakh Call Long Contracts and added 5.59 Lakh Call Short Contracts

Index Put Option
Retail traders added 3.94 Lakh Put Long Contracts and added 6.83 Lakh Put Short Contracts
FIIs added 3.84 Lakh Put Long Contracts and added 39208 Put Short Contracts
Pro traders added 2.10 Lakh Put Long Contracts and added 2.64 Lakh Put Short Contracts

PCR : 0.84

FIIs sold in Cash Market to the tune of Rs 2034.14 Cr
DIIs have bought in Cash Market to the tune of Rs 1361.02 Cr

Important levels which may act as Support and resistance for the day

Imp levels on the upside: 19588 / 19614 / 19640
Imp levels on the downside 19468 / 19430 / 19372

Take care & safe trading...!!!