FII FnO Data Analysis for 18 June

By | June 17, 2014

FII_1

  • FII’s sold 4861 contract of Index Future worth 190 cores, 1.3 K Long contract were squared off and 3.5 K short contracts were added. So FII’s are continue adding shorts in Index Future even though Nifty has risen around 100 points suggesting rise was backed by short covering only.
  • Nifty after doing consolidation for most of day, showed a fast rise which caught most of traders unaware and saw a fast and ferocious rally . Now the range of 7637-7657 becomes an extremely important resistance,unable to cross the same we can see back to 7474 levels and closing above 7657 shows new high is on cards.

nifty hourly

  • Nifty Future May Open Interest Volume is at 1.48 cores with liquidation of of 1.5 lakhs in Open Interest, showed liquidation of long positions.
  • Total Future & Option trading volume at 2.06 lakh core with total contract traded at 2.7 lakh.PCR @0.90, Rise was not backed by volumes.
  • 7800 Nifty CE is having highest OI at 51.2 lakhs  and 7700 CE having second highest OI  suggesting 7700 will not be an easy hurdel to cross. 7.7 lakh liquidation in 7600 suggests than7600  will be a good support for tomorrow. FII’s bought 13.5 K CE longs and 6.1 K  shorted CE were covered  by them.
  • 7500 PE OI at 55 lakh remains a strong support from start of series, 7300 PE liquidated 2.6 lakhs suggesting smart buying liquidated there potions .FII’s bought 29.9 K PE longs and 1.7 K shorted  PE were covered  by them.FII’s are still aggressive buyers in Put options suggesting we are not out of woods still so cautious on long.
  • FIIs bought 48 cores in Equity and DII sold 237  cores in cash segment.INR closed at 60.02.

Buy above 7638 Tgt 7676,7700 and 7721 (Nifty Spot Levels)

Sell below 7620 Tgt 7590, 7570 and 7550 (Nifty Spot Levels)

Click Here to Like Facebook Page get Real time updates

7 thoughts on “FII FnO Data Analysis for 18 June

  1. Bramesh Post author

    It was more of short covering.

    Rgds,
    Bramesh

  2. Bramesh Post author

    Lets stick to system, it always good to be with trend.

    Rgds,
    Bramesh

  3. sumit

    Tanking nifty to 7200 before budget may actually help more reforms,so we never know opening of lower levels against expectation of pre budget rally.

  4. damu

    sir fiis bought 48 cr diis seller nifty moved 100 points? who was the buyer thanks.

Leave a Reply