Nifty Holds 50 DMA ,FII’s Derivative analysis

By | October 1, 2013

FII_1

  • FIIs sold 12233 contracts of Index Future (sold 13969 long contract and  1736 shorts were added ) worth 353 cores with net Open Interest decreasing by 15705 contracts.FII’s have shorted Index Futures again but in small quantity and also keep booking profit in long contract.Stocks Market will remain close tomorrow on account on Gandhi Jayanthi
  • Nifty is stuck up in between 2 moving averages, 50 and 20 DMA. Nifty has 2 day closed below its 200 DMA. Today was a day of consolidation short term trend is still bearish till Nifty is unable to close above 5800. Looking at FII option data signals are coming that Thursday will be a breakout/breakdown day.

nifty daily

  • Nifty Future Oct Open Interest Volume is at 1.63 cores with liquidation of 5.5  lakhs in Open Interest,with rise  in cost of carry, shorts exiting out of system..Nifty Future is still trading in premium of 49 points.
  • Total Future & Option trading volume at  0.85  lakh with total contract traded at 2.5 lakh.PCR (Put to Call Ratio) at 0.99, signalling more PE are getting traded signalling bottoming out formation .
  • 6000 Nifty CE  is having highest OI at 36.7 lakhs with addition of 2.9 lakhs in OI, 5800 CE added 3.1 Lakhs will act as short term resistance.FII’s added 18.5 K in Call option and 25 K CE were shorted. 5500-6000 CE added 6.7  lakh in OI.
  •  5700 PE is having the highest OI of 3.6 lakhs,  suggesting strong support of Nifty and 5800 PE added 3.1  5800 PE writers  are back in action.FII’s added 30.6 K in Put option and 26.5 K PE were shorted.5500-6000 PE added huge 22.2 lakh in OI signalling bulls are back in action .SO FII’s are playing for a range bound trading action.
  • FIIs sold in Equity in tune of 107 cores ,and DII bought 125 cores in cash segment.INR closed at 62.46.

Buy above 5786 Tgt 5810, 5841 , 5870 (Nifty Spot Levels)

Sell below 5756 Tgt 5720, 5700 and 5680 (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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One thought on “Nifty Holds 50 DMA ,FII’s Derivative analysis

  1. vinod

    Its holding up 50 & 200 DEMA as well, how will that contribute ? or its wait and watch …

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