FII Data Analysis for 25 March

By | March 24, 2014

FII_1

  • FIIs bought 31921 contracts of Index Future worth 1056 cores (54.5 K Long contracts were  added and 22.3 K short contract  were added) with net Open Interest increasing by 76.9 contracts, so FII’s  added both longs and shorts in Index Futures.
  • Nifty made a new life high again today 6591,lead by banks.Advance decline was negative which means that in spite of markets closing at a new high, most stocks actually closed in the red. Nifty is near its trendline resistance also. Range of 6600-6620 is crucial resistance zone,hence unable to cross we may see a pullback in market. Nifty has rallied 638 points and the trend is now 30 days old, suggesting things looks overdone and a pullback is very much on cards. nifty daily
  • Nifty Future March Open Interest Volume is at 2 cores with addition of 3.9  lakhs in Open Interest,so addition of longs.
  • Total Future & Option trading volume at 2.06  lakh with total contract traded at 2.4  lakh , PCR (Put to Call Ratio) at 1.07,Cash market volumes were subduded suggesting rise was backed by short covering only.
  • 6600 Nifty CE  is having highest OI at 57.5  lakhs , is having the highest OI and resistance for the market,6500 CE saw liquidation of 10.9 lakh suggesting panic in bear camp  ,6300-6700 CE liquidated 19.8 Lakh in OI.FII’s sold 15.3 K contract of CE and 8.6  K CE were shorted suggesting rise was used by FII’s to exit Call options not a bullish sign.
  • 6400 PE   is having highest OI at  68.1  lakh with addition of 10.6 lakhs , 6500 PE added 8.4  lakhs,suggesting bulls  wants to hold 6500, Huge addition of 32.3 lakhs in 6600 PE shows overconfident bulls and expiry should happen below 6600. 6300-6600 PE added 42.9 Lakh in OI .FII’s bought 7.7 K contract of PE mostly in 6600 PE  and 8.6 K PE were shorted mostly in 6400 and 6500 PE.
  • FIIs bought 1465 cores in Equity and DII sold 770 cores in cash segment.INR closed at 60.8 lowest in 8 months.

Buy above 6593 Tgt 6615 ,6635 and 6650 (Nifty Spot Levels)

Sell below 6580 Tgt 6563,6540 and 6520 (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/

4 thoughts on “FII Data Analysis for 25 March

  1. Bramesh Post author

    Hi Jay,

    Your understanding is correct

  2. Bramesh Post author

    Overall A/D was negative which incluse small and mid caps

  3. Prakash

    Please explain how advance decline is negative. I checked on the NSE and for nifty50 advance/decline is 41/9.

  4. jay

    Hi bramesh. good article. have a query. you have mentioned “6500 CE saw liquidation of 10.9 lacs suggesting panic in bull camp”. could this not be short covering by call writers?.

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