Nifty Futures 29.12.22 daily chart - analysis
29.12. NF faced liquidation from the open till mid-day - H period, on lower volume - 20% early morning tapering to 7% by G period.
Excess Low was made in C period. Reversed direction in H period and OTFed Up till the end. Closed at the day high.
Volume on the upside was higher.
Have to see whether today's moves were only on account of expiry. Today's low can well be an Excess.
Also, tomorrow NF will open higher - may be a gap up due to change in series.
Dec series close was 18191 and Jan 18292 - a difference of 100 points.
Excess Low was made in C period. Reversed direction in H period and OTFed Up till the end. Closed at the day high.
Volume on the upside was higher.
Have to see whether today's moves were only on account of expiry. Today's low can well be an Excess.
Also, tomorrow NF will open higher - may be a gap up due to change in series.
Dec series close was 18191 and Jan 18292 - a difference of 100 points.