FII FnO Data Analysis for 22 Aug

By | August 22, 2014

FII_1

  • FII’s sold 4  K contract of Index Future worth 157 cores, 958 Long contract were squared off and 3 K short contracts  were added by FII’s. Net Open Interest increased  by 3 K contract , so FII are going short in index futures and profit booking  in long Index Futures.From start of series net on net basis  FII are holding just 365 Index longs and 25.1 K Index shorts. So still there bias is on downside.
  • Nifty is making distribution kind of pattern as we have formed multiple top @ 7919.7923 and 7920 in past 3 trading session, This can also been seen as consolidation after 100 point rise on MOnday.  Also on hourly charts broke the channel bottom after 8 trading sessions, which gives initial target of 7800-7784. Als0 EW chart also gives the same target. This all levels get invalidated if Nifty starts trading above 7922 for 1 hour than it can rally till 7960. Weekly closing today Bulls will like to close above 7930 and bears below 7850.

 

Nifty Hourly EW

 

  • Nifty Future Aug Open Interest Volume is at 1.46 cores with liquidation of 3.6  lakh suggesting long liquidation .VIX being very low suggests bulls are still overconfident and every dip is getting bought into.
  • Total Future & Option trading volume was   at 2.43  lakh core with total contract traded at 1.9  lakh lowest volume in NF since Feb 2014. PCR @0.96.
  • 8000  CE  OI at 92.2 lakh  suggesting wall of resistance , 7800 CE  liquidated 2 lakh  suggesting bears cutting down positions  .7700/7600 CE saw 1.8 lakh  liquidation so bears are losing there ground, 7900 CE added 2.8 lakh suggesting bears are making resistance on 7900 . FII’s bought 16 K CE longs and 5.6 K  CE were shorted  by   them.
  • 7700 PE OI@ 76 lakhs so strong base @ 7700. 7800 PE added 7.1 lakh in OI, Break of 7800 can bring panic in bull camp .FII’s bought 7.4  K contract  PE longs and 4.6 K PE were  shorted  by them.
  • FII’s bought 413 cores in Equity and DII bought 63 cores in cash segment.INR closed at 60.61.

 

Buy above 7888 Tgt 7910,7922 and 7946  (Nifty Spot Levels)

Sell below 7870 Tgt 7852, 7828 and 7793 (Nifty Spot Levels)

 

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4 thoughts on “FII FnO Data Analysis for 22 Aug

  1. Bramesh Post author

    Dear Reenaji,

    Its covered in my trading course.

    Rgds,
    Bramesh

  2. Reena Kumar

    with the FII derivative statistic how to find out how many long and how many short are added,as in this post you said 4K contract of index future were shorted.how do we know that how many were squared off and how many short were added. and for total longs and shorts for the series do we need to keep a record of previous day statistics.????

    please write an elaborative post on this with illustration.

    thanks.

    reena kumar(regular reader of your blog)

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