FII FnO Data Analysis for 29 Feb Trade for Nifty Futures

By | February 28, 2012

Below is my Interpretation of FII OI data Sheet for 28-Feb-12.

Yesterday we had a fall of 148 points today a rise of 102 points. We already had discussed possibility of rally today and it got materialized. Hope Traders were able to catch the right directions and make money. Lets move whats in store for tomorrow.

Tomorrow we have the All important GDP numbers,which will be interesting to look for as analyst are factoring slowest GDP growth in past 2 years. Any surprise will lead to continuation of Bounce which started today.

 

1. FII bought 35024  Contracts of NF worth 940  cores OI also increasing  by 22570 contracts.

2. As Nifty Futures was up by 102  points and OI has increased by 22570  contracts means longs were added into the system.Yesterday we analyses they have moved out of shorts.

3. Nifty has for second day closed below  20 SMA@5400 which shows lack of strength of Bulls to drive Nifty above 20 SMA.

4. Nifty March  OI has increased   by 6.68  lakh .Total OI stands at 2.54 cores  contracts. Fresh addition of longs.

5.Total F&O turnover was  92 K  cores with total contract traded in March series 340,186 .Turnover is less than yesterdays turnover  meaning Bulls fire power is slowing down we need turnover above 1 lakh cores to capture the 20 SMA.

6. In equity FII bought 727 cores DII sold 587 cores. FII are still buying the dips.

7. 5500 CE is having highest OI of  40  Lakhs seems with fresh addition of 2.7 Lakh contracts 5200 PE having highest OI of 73 lakhs.

8. 5400 PE saw an addition of 4.5 Lakh as NF closed at 5441 with still whopping 60 points premium. 5400 NF looks like immediate support for tomorrow.

9. 5200 PE also saw an addition of 10 Lakh with premium decreasing by Rs 38, Smart money has started writing the  PE.

10. Question in everyone mind why NF premium is still 60 Points even if we got 148 points fall. I feel today fall was to move of weak hand in markets and market could start its upward journey from tomorrow till monthly closing to make a double top in coming days(This is a scenario which i am thinking which might go otherwise also) — This is what we analyzed yesterday and market obliged us 

11. Tomorrow is Monthly closing  and above 5401 NS Nifty will end in mometum on monthly time frame. Higher time frame will always have higher preference.Lets see how market obliged us.

12. FII SAR for Today 5421 NF March((For Positional Traders) and VWAP at 5434 NF (Below this Level Bears will rule Nifty).

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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7 thoughts on “FII FnO Data Analysis for 29 Feb Trade for Nifty Futures

  1. Bramesh Post author

    Perfect Sir got it corrected

    Thanks again…

    Rgds,
    Bramesh

  2. Mayank

    Brameshji. in the 4th point. Nifty march OI has increased not decreased. Correct me if I am wrong.

  3. Bramesh Post author

    Dear Rohitji,

    I was very busy with my clients so unable to update levels,Will try to do from today.

    Rgds,
    Bramesh

  4. Bramesh Post author

    Dear Sir,

    If you understand the reasons profit will follow in your way…

    Rgds,
    Bramesh

  5. S gupta

    Sir,
    why did you stop giving levels for entry and targets , because at the end of the day profits matter the most, not the reasons.

  6. rohit

    Dear Sir,

    why u have not mentioned buy/sell levels at d end of post as these are really very much helpful for beginners like me

    thanks in advance

  7. habbu3

    gr8 sir ji…… realy your point number 10 was gud thinking.

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