FII F&O Data analysis for 3 Sep trade in Nifty Future

By | September 3, 2012

“Even if the GDP growth number is at 5.5 percent – much above the market expectations, there is no doubt that the country has fallen into a low growth trap due to a continuing fall in fresh investments. The combination of high growth in construction activity and low growth in manufacturing is worrisome from the perspective of macro-economic stability.”

1. FII  sold 31704  Contracts of Index Future,worth 741.39 cores  with net OI decreasing by  36914 contracts.

2. As Nifty Future was up by 38  points and OI has decreased by 36914,so profit booking happened on longs carried by FII in August Series.

3. NS closed at 5259 after making the low of 5238 ,Bears lost the opportunity of gap filling as bulls took nifty up from 50 SMA.Lower lows and lower highs are getting formed on Nifty which is sign of concern. We need to break and close above 5350 for another round of rally.

4. Resistance for Nifty has come up to 5295 and 5315 which needs to be watched closely ,Support now exists at 5238 and 5220 .Trend is Sell on Rise till 5334 is not broken on closing basis.

5. Nifty September  OI is at 1.95 cores with an unwinding  of 9 Lakh in OI,so longs which were rollovered were squared off. We did not see any huge  shorting interest by FII,DII and HNI. Rollover range for September Series comes at 5400-5290. We have closed at 5291 above lower end so we can move to higher end of range now.

6. Total F&O turnover was highest ever to  0.88 lakh  Cores  with total contract traded at 2.66  lakh.

7.  5600 CE  is having highest OI of 49 lakhs followed by  5400. 5000-5600 CE added 44 lakhs in OI

8. 5200 PE added 2 lakh in OI and having the highest  OI at 58 lakhs so 5200 is firm base at the starting of September series,5000-5600 PE added 22 lakhs in OI.

9.FII  sold 211 cores and DII  sold 172 cores in cash segment,Both FII and DII were sellers in cash segment..INR closed at 55.45  Live INR rate @ http://inrliverate.blogspot.in/).FII were again sellers of 271 cores in Stock futures.

10. Nifty Futures Trend Deciding level is 5264, Trend Changer at 5306 NF. (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).

Buy above 5267 Tgt 5295,5315 and 5345

Sell below 5238 Tgt 5220,5200 and 5166 (Nifty Spot Levels)

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

We do discussion is Live market to update Nifty levels If you are interested you can LIKE the page to get Real Time Updates.

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

You can register your email address under Post In your Inbox(Right Side Column) if you want to receive mail instantaneously as soon as site get updated. You will receive a confirmation mail in your registered email address you need to click on link to get it confirmed.

Leave a Reply