Nifty FII Data Analysis for 20 May

By | May 19, 2014

FII_1

  • FII’s bought 16231 contract of Index Futures worth 581 cores (39.4 K  longs were added and 23.2 K shorts were added in Index Future) with net OI increasing by 62.6 K contracts.
  • I firmly believe stock market work on historical price pattern, thats why i always analyze what has happened in past event. We did an exhaustive analysis on past election which gave a clear picture of bullish move coming, Now many traders are asking has Nifty formed short term top and going down. I did analyze how nifty reacted after 2009 election and i think same pattern can repeat in 2014, Do remmber do not blindly trade stop losses are always required.

In 2009 on 19 Feb after the second circuit was open  made a high of 4509 and low of 4092 on 26 Feb, So difference come to around 417 points. In 2014 Nifty made a high of 7564 and low made was 7130 difference of 434 points almost equal to 417, So till 7130 is not broken in all possibility we can make a life high again in next 6-9 trading session or more early also.

2009
 

2014
  • Nifty Future May Open Interest Volume is at 2.19 cores with addition of of 3.5 lakhs in Open Interest, suggesting long addition.
  • Total Future & Option trading volume at 2.51  lakh core with total contract traded at 1.4lakh.PCR @0.66
  • 7500 Nifty CE  is having highest OI at 56.8  lakhs followed by 7400 CE  ,7400 CE is also having an OI of 51.1 lakhs and it seems smart money is selling 7400 CE. FII’s sold 2.8  K CE longs and 20.1 lakh CE  were shorted by them.
  • 7000 PE   is having highest OI at 48.9  lakh  remains a strong support for the series. 7100 PE saw a good addition are upcoming support of the market. FII’s bought 31.1  K PE longs and 5.5 K were shorted by them.
  • FIIs bought 1350 cores in Equity and DII sold 348  cores in cash segment.INR closed above 59.58.

Buy above 7275 Tgt 7305,7347 and 7380(Nifty Spot Levels)

Sell below 7246 Tgt 7210, 7180 and 7150 (Nifty Spot Levels)

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3 thoughts on “Nifty FII Data Analysis for 20 May

  1. Kranthi

    Data Analysis is good and impressive. I sent you an email. Please have a look at it and respond.

    Thanks in advance.

  2. Bramesh Post author

    Expiry value will be updated near expiry

    Rgds,
    Bramesh

  3. prasant

    Where does today’s close and post ions created by fit leave us at?..do we the expiry around 7000?

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