FII F&O Data analysis for 12 Jan trade in Nifty future

By | January 11, 2012

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

1. FII bought   11927 Contracts in NF worth 271.13  Cores in Index Futures with Open Interest increasing  by 13137 contracts.

2. As NF  was up by 2  points and OI has increased today, with rise in price so FII have created long in Index futures.Dips which came near 4845-50 were aggressively bought into.

3.After a big rise of 120 points   on Tuesday best case  for BULLS was to have a consolidation day with positive bias as we have three major events lined up tomorrow Infosys results  before market hours and IIP data at 11 AM  and also Inflation data and that will decide the further trend of market.

4. Today FII OI is highest in the series so far and they are net long in Nifty. FII can turn there colors very easily if Infy or IIP disappoints.

5. Today as mentioned in our FaceBook Page  Nifty will face resistance at 50SMA@4877 and Nifty made a high of 4877.35 before correcting intraday. You can LIKE    this page if you want Real time updates during market hours.

6. NF total OI was at 2.14 cores with just 14.3 k addition  in  OI longs  so longs were held by retailers and HNI.

7. In Equity cash segment FII bought  431cores  whereas DII sold   182 cores, so does FII Buying signify that Nifty should rise further well never go by that assumption.

If one look at data from Nov3-Nov 9 FII were net buyers for 4 days in a row when Nifty closed at 5237 and than Nifty just kept on going down for rest of series. Equity buying is always a delayed cycle.

8. As per Options data  5000 CE has highest OI of  74 lakhs addition of  7.4 lakh and 4500 PE has highest OI of 76 Lakhs addition  of  2.7  Lakh. 4500 PE has come to single digits now.

9. 4700 PE has added another 4.5  lakhs in OI  so total of 42  lakh in 5 days but premium has reduced by just Rs 1.5. 4600 PE premium also declined by same amount ie Rs 1.5. It seems buyers got active in 4700 PE in anticipation of fall tomorrow. Will market oblige ?

10. 5100 CE has seen an addition of  another 5  Lakhs in OI so in total 23 lakh in past 5 trading session Speculative money is entering in 5100 CE  as today we saw no change in price.

11. FII SAR level  comes at  4830. Positional Longs keep this as your SL

12. Today we have formed a DOJI candle on daily charts which is seen as sign of exhaustion and BUlls unable to take nifty above 4877 which is 50 SMA. Bears were unable to take Nifty below 4825-4813 range. 4825 was days pivot and 4813 was Tuesday last hour low so closing above both these levels signify buying.So the indecision between Bulls and Bears should get resolved by tomorrow EOD

13. Bulls need to close above 4883 level tomorrow as it being 61.8% retracement of 4532-5100. In past Nifty has corrected from 61.8% fibo levels and this level of 4883 will be watched closely tomorrow trading.  Interesting session ahead

 

Buy above 4870  Tgt 4883,4910 and 4940 

Sell below 4820 Tgt 4804,4786 and 4769

All levels mentioned are SPOT levels.

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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12 thoughts on “FII F&O Data analysis for 12 Jan trade in Nifty future

  1. Rakesh

    What you expecting about NIFTY will touch high and low and Closing for January 2012 series for next 8 days.

  2. Bramesh Post author

    Thanks for your update

    FII SAR contains only Nifty Futures in consideration

    Rgds,
    Bramesh

  3. Bramesh Post author

    Thanks a lot sir for appreciation..

    Wishing you a happy makar sankarti and happy kite flying…

    Keep enlightening us with your astro technical they are added advantage for traders.

    Rgds,
    Bramesh

  4. ASHISH

    Theres a lill mistake in point 8–> 5000 ce is 64lac with 1.5lac add
    4900 ce added 7.5lac @ 57lac

    One more point considering FII SAR i guess other Index fut like Bankindex are neglected

  5. ranjan

    how deep and broadly you watched market its really very commendable and matter of great perseverance. thanks for all these sir.

  6. Kirtan raut

    Hi Bramesh,

    Love reading this data analysis.Its a daily dose for intraday traders.Its always a pleasure to read yours posts.Happy Makar Sankrant from me to you.Its a day when Sun will change sign to Makar Rashi.Need to watch it cautiously.Keep up this data analysis as it is always an excellent info.

    Regards

    K B Raut

  7. Chandra Mohan Gupta

    Dear Mr Ramesh,

    At point no. 12 of the analysis you have written “get resolved by tomorrow EOD.”

    Here, please let me know the meaning of “EOD”.

    Thanks for such an exhaustive analysis…..

    Regards.

    CM Gupta

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