FII F&O Data analysis for 03 Dec trade in Nifty future

By | January 2, 2012

Below is my Interpretation of FII OI data Sheet for 2-Jan-11.

1. FII sold   18,284 Contracts in NF worth 419.15  Cores in Index Futures with Open Interest increasing  by 5958 contracts.

2. As NF  was  up  by 16  points  with Open Interest increase by  FII . Rise  in OI with Rise  in price means  shorts were squared off as we know FII are carrying shorts or they have added more short in today’s small upmove. As FII Volumes are quiet low so its difficult to intrepert at this juncture were it shorts or Longs addition

3. Today can be termed as Day of reversal why because of Nifty bouncing from 4588.

78.6% retracement from 4531-4819 comes at 4592 and Nifty bouncing fr am 4588 and closing near 4536. Tommrow if it continues with this upmove we can say that Nifty has confirmed short term reversal.

4. Today was good start for People who followed the Weekly Trend deciding level of 4646. Nifty High was 4646 and than it corrected till 4588.You can read the Weekly Analysis by clicking on this link.

4. Today’s choppy session  was on  volumes 2.77 Lakh NF . I accept the market to show an improvement in volumes from tomorrow or later part of this week.Total turnover is just 64.4 K cores. Today rise was backed by RIL which again bounce above 700 levels. We have discussed and asked readers to buy RIL on our Facebook page.

5. NF total OI was at 2 cores with 2.17  lakh addition10% OI addition with rise in price means longs were added in NF .

6. In Equity cash segment FII sold  93 cores  whereas DII sold   84  cores. FII have sold 1015cores on 29 Dec, the Expiry of December Series ,The fall of just 60 points from 4700-4640 was able to absorb such huge selling. Which means that strong hands adding value buying at bottom.

7. As per Options data  5000 CE has highest OI of 47  lakhs addition of 3 lakh and 4500 PE has highest OI of 53  Lakhs addition   of  5 Lakh. So 4500 becomes support.

8. 4700 CE added 4.04 lakhs in OI  with net of 40 lakhs which means 4700 become immediate resistance as its near the important resistance of 4690.

9. FII have bought Options today worth 181 cores with net OI addition of 44k meaning they were buyers in Calls reason being OI and Price of Calls have increased

10. FII SAR level  comes at 4560,up  from Friday’s SAR of 4542.

11. In total an uneventful session with first sign of selling pressure coming down and short term reversal indications. Price will confirm the trend tommrow as of now we are still forming lower lowon daily charts.

13. On Upside above above 4646 Nifty Tgt 4659,4690 and 4740.

14. On dowside below 4622 Nifty Tgt 4588 ,4564 and 4531 (Nifty Spot Level)

 

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl

 

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4 thoughts on “FII F&O Data analysis for 03 Dec trade in Nifty future

  1. Bramesh Post author

    Dear Sir,

    Why do a Paneer Butter Masala cost rs 50 in one restaurant and 500 in 5 star, Its all because of service which is provided. As you have used the word “SELL” i am forced to give this example.

    Making money for one self is good but just think how much satisfaction and happiness you would get when people who learnt from you make money.

    I want to keep my services premium as i want to make people accountable to make proper use of strategies.

    Once a thing is freely available in public domain it looses its worth.

    One more thing i want to add is neither do i provide “any paid service” nor i do “any viral marketing” of courses offered by me

    At last I value my every second of time spent.

    Hope you got your anwsers.

    Rgds,
    Bramesh

  2. c suresh

    with due respect, why are you selling your course. if it is “really” good you can make millions, OR if you really want to help othetr people, then your course should be free.Is it free? It is because media always publishes that good tricks/methods are never sold.

  3. Bramesh Post author

    Hi Sir,

    SAR calculation i cover in my trading course. If you are interested to learn you can join my trading course.

    Today’s SAR is for Intraday trade

    Rgds,
    Bramesh

  4. Chandra Mohan Gupta

    Dear Ramesh,

    Thanks for the interpretation of todays FIIs activities in the market.
    Reliance has done exactly the same in the last hour as you mentioned in the facebook. I salute your skill for the same.

    However, after going through your various articles I have some doubt about SAR as mentioned below:
    Sometimes you are mentioning “FII SAR: and sometimes simply as “todays SAR”.
    Is there any difference between the two?
    Shall appreciate if you please elaborate in your next article the “calculation method of SAR” to enable us to let it calculate at our end as and when required.

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