FII FnO Data Analysis for 21 march Trade for Nifty Futures

By | March 20, 2012

Before putting forward today’s analysis let me clarify few things. Someone blamed me for his losses in past week let me put my clarification forward for the same.
Why huge losses?

  • Either You have no plan or you have excellent plan but have no faith in them.
  • On my Site and Facebook page I will share only my “Objective views“,either you use them as a part of your trading system or trading plan or if they do not suit you ignore them.
  • I have always suggested a stop loss of 20 points.You need to work on your execution part if you have a proper plan.
  • I will continue to suggest new plan and methods so will you follow everything or the one which suits you.
  • Don’t lose money and blame me for your losses if you are not doing any hard work There are no free lunches.Be loyal to a method Today NF range trade worked in both ways did you follow it?
  • I can’t stop my demonstration and sharing just because you had losses.

And never ever try to malign my reputation again if am not at wrong side.I have full faith on the legal system of Indian Penal code and i will not hesitate in pulling the trigger

 

Below is my Interpretation of FII OI data Sheet for 20-Mar-12.

1. FII  sold  7151  Contracts of NF worth 193 cores OI also decreasing  by 6577 contracts.

2. As Nifty Futures was up by 19  points and OI has decreased by 6577  contracts means  institutions have booked profit  Nifty Future shorts.

3. Nifty   50SMA@5252, Close below this is first indication of a bearish market from medium term perceptive. For immediate short term we are in bearish trend till we are trading below 20 SMA@5353.

4. Today was a Sideways day with volatile trend in market as volatility has collapsed from 27 to 22. Nifty is consolidating before the crucial 50 SMA and most important of all 200SMA@5160. In all a Day of consolidation after we saw a fall of 272 points from the high of 5500

5. Nifty March  OI has decreased   by 8.9   lakh .Total OI stands at 2.58 cores  contracts. Shorts are getting covered at lower levels.

7. Another Interesting aspect today equity volume kept on falling total volumes were 6571 cores shares only.

8.Total F&O turnover was  1.35  Lakh  Cores  with total contract traded at 350373 .

9. In equity FII bought  111 cores DII sold   120  cores.

10. 5600 CE is having highest OI of  61  Lakhs with 67K unwinding. Fresh addition is seen in 5300 and 5400 CE of 3.1 and 3.5 lakh each. Net OI stands at 50 lakh and 40 lakh each. Reason why Nifty was unable to move above 5300 today.

11. 5200 PE having highest OI of 78  lakhs with fresh addition  of  2 lakhs. 5200 seems to be a firm base.Dips near 5200 NF shall be bought into. Traders on Fb page we took longs around 5259 and made some 40 points in matter of time. Patience and Trust in system is Key to success

12. Nifty Futures Trend Deciding level is 5280, Trend Changer at 5380 NF (Above this Level Bulls will rule Nifty/Below this levels Bears have upperhand).

 

 Buy above 5283 Tgt 5297,5311 and 5332

 Sell below 5230 Tgt 5200,5160,5140(Nifty Spot Levels)

 I would Like to thanks everyone who has supported,trusted and have faith on me and my studies. This motivation keeps me going forward.

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

To Get Real Time  update on  Nifty during market hours  you can LIKE  the page.

Follow on Facebook during Market Hours:  http://www.facebook.com/pages/Brameshs-Tech/140117182685863

 

23 thoughts on “FII FnO Data Analysis for 21 march Trade for Nifty Futures

  1. Bramesh Post author

    Dear Amit Sir,

    Thanks for the wonderful write up. Its quiet introspecting and deals a lot with human psychology if read clearly within the lines.

    DO keep posting such nice educative comments to enlighten us.

    Thanks a lot !!

    Rgds,
    Bramesh

  2. Bramesh Post author

    Dear Sir,

    I will add more data and Stats as and when time permits.

    Thanks a lot !!

    Rgds,
    Bramesh

  3. Bramesh Post author

    Dear Chaitanya Sir,

    Thanks a lot for your kind words.

    Rgds,
    Bramesh

  4. Bramesh Post author

    Dear Sir,

    Thanks a lot !!

    I try tp post asap. Need to take care of clients also. Delay is regretted.

    Rgds,
    Bramesh

  5. Bramesh Post author

    Hi Sir,

    Life is all about marching ahead removing obstacles and with support of people around me Will continue to do the same.

    Thanks a lot !!

    Rgds,
    Bramesh

  6. Bramesh Post author

    Thanks a lot sir. I second your view.

    Rgds,
    Bramesh

  7. Bramesh Post author

    Its my pleasure if my observation are able to help you in your trading.

    Rgds,
    Bramesh

  8. Bramesh Post author

    Dear Sir,

    Thanks a lot !! Am also eager to update post everyday. I am from rajasthan

    Rgds,
    Bramesh

  9. Bramesh Post author

    Dear Sir,

    Sharing is a process which i will always continue.

    Rgds,
    Bramesh

  10. Amit.

    There are several reasons why a person losses a trade and one of them could be TA going wrong. But, losing is okay; it is a part of trading. But losing big, by far, is not. The reason for losing big is definitely not TA.

    I could tell Brahmesh Sir that his analysis did not pan-out in this trade. He would not mind it. Since, the expectancy of any trade is always less than 1. But maligning is another thing, which a professional could consider as slander and there are clear cut laws for it.

    On a more positive note, knowing the real reason for losing big will bring tremendous peace, prosperity and confidence to the trader. Bring the change, change is within.

  11. Vivek

    Dear Bramesh,

    One person who doen’t want to understand what to do and also chose to ignore your Stop losses, You really can’t do anything.

    Its not your fault.

    Pls continue and guide us as always…

    Wish if you can keep adding new features and different statistics to help all of us..

    Thanks for your efforts.

    Vivek

  12. Dipak

    sir, i am reading this blog from last one year, the suggession you are giving is always best and as i doing work on it its realy great. ignore such people…………….

  13. Chaitanya

    It is very difficult to analyse the markets on day to day basis… U r doing a wonderful job. Dont bother about few people who create nuisance ! Keep the good work going on 🙂 !!

  14. srinivasan

    You are doing excellent job Sir, please continue to do the same, we all very much thankful to you for sharing the view which is very much helpful to us. Please try to post as early as possible ( please try , this is my just request)

  15. krish bala

    Dear Sir,

    I am reading your technical analysis for the past one month. It is

    very simple as well as quite interesting. Even though I have been in the capital market for the past four years, no other analysist is giving such a perfect report based on data that i had experieced. thank you.
    please keep it up. Moreover, please give your latest updates in tweeter also.
    with regards,

    K. BALASUBRAMANIAN,NATIONAL INSURANCE CO LTD,KARUR,TAMILNADU

  16. Aftab

    There are lots of trading tips website where people give fee and get losses.but in your website there are lots of people who got profit without giving any fee.

  17. Mahesh

    Thanks for Analysis. They helped me in my trading decisions. Thank you very much.

  18. Patel dakshit

    Yes sir
    please continue to share your thought. Everyday we eagerly wait for your FO analysis. I am sure of most followers are with you. And me to. Thanks sir. From which state are you sir?

  19. Chandulal

    Plz bramesh sir don’t stop ur suggestion bcoz of such type of people

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