Nifty consolidates in range, FII FnO Analysis

By | May 14, 2013

FII

  • FIIs bought 10918 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 325 cores with net Open Interest increasing by 39232  contracts, so again long addition by FII. Want to be Successful Trader ?
  • Nifty Future May Open Interest Volume is at 2.25 cores with addition  of 2.3 lakh in Open Interest with increase in Cost of Carry of Nifty Future  to showing traders are initiating fresh  long position .
  • Total Future & Option trading volume at 1.34 lakh with total contract traded at 2.24 lakh , PCR (Put to Call Ratio) at 0.97.
  • 6200 Nifty CE  is having highest OI at 72.8 lakhs with liquidation of 5.7 lakhs in OI ,6100 remains the wall of resistance and 6000 remains the fighting zone between bulls and bears  as OI is at 61.3 lakhs .5700-6300 CE liquidated 2.5 Lakhs in OI.

OI

  •  5800 Put Option is having highest  Open Interest of  88.1  lakhs with addition of 2 lakhs in OI ,5900 PE  added 11.2  lakhs and net OI at 77.2 lakhs,suggesting put writers are again back in action, 6000 PE added 0.5 lakhs, suggesting  confusion at 6000 Strike price which should be resolved soon.5700-6300 CE added 8.5 Lakhs in OI
  • Nifty Futures Trend Deciding level is 6026 (For Intraday Traders).Nifty Trend Changer Level 5997 and Bank Nifty Trend Changer level 12546.

Buy above 6000 Tgt  6023,6050 and 6072(Nifty Spot Levels)

Sell below 5970 Tgt 5950,5930 and 5910(Nifty Spot Levels)

Live Nifty A/D charts  Click on the Link

Traders who use Pivot and Camarilla can use the following 2 sites for Hourly values and EOD values

 http://camarillapivotpoints.blogspot.com/
http://niftystockpivot.blogspot.in/

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