FII FnO data Analysis for 06 June

By | June 5, 2014

FII_1

  • FII’s sold 23.8 K contract of Index Futures worth 889 cores (20.8 K  longs were squared  off and 3  K shorts were added  in Index Future) with net OI decreasing by 17.7  K contracts.FII’s added  shorts today also and use the rise to exit the market..
  • As discussed in Weekly Analysis Nifty as per Gann grid is having strong support at red line marked by Green arrow continued its journey on upside and close above red line. Next level of resistance comes at 7500-7519 range yellow line shown in Gann Box. As per EW we have strong support at 7440-7450 range which if sustained can see break of 7564 in next few session. Hope traders are enjoying the ride on upside after treading the analysis.
Nifty Hourly EW
nifty daily
  • Nifty Future May Open Interest Volume is at 1.40  cores with liquidation of of 10.7  lakhs in Open Interest, suggesting short liquidation.
  • Total Future & Option trading volume at 1.71  lakh core with total contract traded at 2.8 lakh.PCR @0.80
  • 7500 Nifty CE  is having highest OI at 57.8 lakhs remains the strong resistance of the market, followed by 7600 CE.IV’s of Calls have moved up but still no major change in IV suggesting bullish bias continues market participants.  FII’s bought 20.2  K CE longs and 1 K CE  were shorted by them.
  • 7200 PE  OI at 40.5  lakh  remains a strong support from start of series, 7300 PE added 6.4 lakhs suggesting support at 7300 for next few days, .FII’s bought 3.4 K PE longs and 6.9 K PE were shorted  by them.
  • FIIs bought 1368 cores in Equity and DII sold 425 cores in cash segment.INR closed above 59.31.

Buy above 7485 Tgt 7504,7520 and 7564(Nifty Spot Levels)

Sell below 7440 Tgt 7400, 7395 and 7360 (Nifty Spot Levels)

Click Here to  Like Facebook Page get Real time updates

13 thoughts on “FII FnO data Analysis for 06 June

  1. Bramesh Post author

    Follow the system be at peace with yourself. FII have a good holding power so do not play as they are doing. Use this analysis as an input to trading plan

    Rgds,
    Bramesh

  2. Prasant

    A very sharp move today only makes me think twice as to what is actually, a short position by FII in nifty and with todays movement do not go hand in hand.. a total movement of over 200 points in 2 sessions..

  3. Jitendra Wankhede

    Whats next? what to expect from nifty ?

  4. Anuj Aggarwal

    It is debatable whether the index futures short is a hedge against FII buying stock futures or buying stock futures is a hedge against shorting index futures. And that question is really important to understand where actually market is going to move.

  5. Bramesh Post author

    Never Follow FII’s Blindly, They have a good holding power so if nifty moves 150 points from there shorting level they can still average on and exit positions in profit.

    Do remember they are buying aggressively in cash market so shorting it futures act like an hedge for them.

    Follow TC level it has been buy from 7278 NF and has yielded 200 points overall in 4 trading session.

    Rgds,
    Bramesh

  6. Av

    Fiis shorting in index futures but buying stock futures and also buying heavily in cash market.
    They are hedged up or down in Indian markets
    Last 2 weeks they were buying index future and shorting stock futures. Now reversing the same
    Most traders who we’re sleeping between 5500 and 6300 nifty .
    have suddenly woken up since the month of May.
    Let’s see what awaits us. Either 7700 or 6700 😉

  7. prasant

    Well advised and cautions provided by all prominent seniors, it is important to follow what the fii’s are doing as they are the main architect for the movements in our market. They are knowledgeable and instrumental in their movements and actions. It is very cleverly stated by VK that great volatility can be in store for tomorrow’s trade. All the best for tomorrow is what I can say at this point of time

  8. VK

    Markets remained highly volatile on every day that gave good news in the recent past. May 16 & May 26 being the notable days proving the trend. Nevertheless, ECB outcome may be used to weed out weak hands in the market. Hence, retail investors needs to be cautious during second half of June 6 trading session, also considering the shorts build up by FIIs and week end phobia.

  9. sumit

    Mkt might run up tomorrow due to ECB decision already SGX showing good signs ,whether it breaks 7564 on closing basis remains question.

  10. saravanan

    yesterday bramesh told 7460 resistance for mkts .but mkt will go more.

  11. saravanan

    they know mkt will come 7400 again or below also in this series

  12. saravanan

    that means they r shorting gradually, they know mkt where will come, mkt goes upside they will continiously short
    bcoz they know top is near. so 2 things important. if we r shorting like FIIs we will loose money. we should know wt they r doing ? following them aggressively it is so dangerous.

  13. prasant

    despite the fii’s entering into shorts and using every rise for exit. The markets have been defying everything and moving north.

Leave a Reply