REPORT DAY: 10-Sep-24

TRADING DAY: 11-Sep-24

FO DATA

                                FII FUT Effective LONG                   = 28.36%

                                Client FUT Effective LONG            = -6.18%

                               

Interpretation of Data:

FII is having effective LONG position of 28.36 % and Client are SHORT -6.18%, this indicates the bullish bias in the market.

NIFTY:

Based on the chart NIFTY looks strongly bullish, however market may turn at any point of time.

Strong Support = 24800

Strong Resistance = 25350

BEST BUY ZONE = 24875 to 24925

BEST SELL ZONE = 25250 to 25300

BANKNIFTY:

Based on the chart BANKNIFTY looks bullish but weaker than NIFTY, however market may turn at any point of time.

Strong Support = 50400

Strong Resistance = 51800

BEST BUY ZONE = 50850 to 50975

BEST SELL ZONE = 51800 to 51900

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