FII FnO Analysis for 25 April trade in Nifty Future

By | April 24, 2012

Below is my Interpretation of FII OI data Sheet for 24-Apr-12.

1. FII  sold 2194  Contracts of NF worth 32 cores OI also increased by 19824.

2. As Nifty Futures was up  by 25 points and OI has increased  by 19824 , ieRise in Price with Rise in Open Interest,Fresh longs were added by FII.Again we are saved by the crucial number of 5178 and still trading in a range.

3. Nifty  closed below 20SMA@5257 and was unable to cross our Buy level 5233 making a bearish case for today.As Nifty has closed below 5257 trend has changed towards bears. Today again we have closed in the range of 5221-5380.

4.As mentioned yesterday Close below 5178 will spell trouble for bulls and Nifty again made a low of 5181 and bounced back. Nifty 200 DMA@5137 will be the strong support and below its last support comes at 5077.

5. Nifty April   OI has decreased   by 36 Lakhs .Total OI stands at 1.33 cores.May series OI has increased by 46 lakhs so we have a rollover of 36 lakhs from April to May series.Shorts were getting rollovered.Range for Rollover 5220-5261

6. Total F&O turnover was  1.50 lakhs  Cores  with total contract traded at 3.3 lakh .

7. 5400 CE saw an unwinding    of  7.7 lakhs in OI,total OI now stands at 70 Lakhs making it the higher end of April Series.5100-5300 CE saw an addition  of 2.3 lakh in OI.Expiry should be below 5300

8. On Put side 5000 PE is having highest OI of 69 lakhs  .5200 Base again got sealed with NIfty closing above 5200 but only 1.8 lakh addition. Also Highest OI at 5000 seems bulls are not confident of holding 5200 as base.

9.FII  sold 860  cores even after so much fund buying in TCS  and DII also bought 415 cores in cash segment.

10. Nifty Futures Trend Deciding level is 5148, Trend Changer at 5286 NF (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).

Buy above 5233 Tgt 5257, 5278 and 5306

Sell below 5178 Tgt 5150,5137 and 5100(Nifty Spot Levels)

Disclaimer: These are my personal views and trade taken on these observation should be traded with strict Sl

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One thought on “FII FnO Analysis for 25 April trade in Nifty Future

  1. Chandra Mohan Gupta

    Dear Sir,

    Thanks for excellent FII data analysis, except the following the two cut copy paste error :
    * In todays FII Data the figure furnished under Open interest Value in Crore is not matching with todays FII data. These figures are of 20th April FII data.

    I hope this may be a cut copy paste error.

    * Also FII Data date is also mentioned as 20 Apr, 2012, which should be 24 Apr, 2012.

    Thanks and regards

    CM Gupta

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