FII FnO Data Analysis for 27 Aug

By | August 26, 2014

FII_1

  • FII’s bought 6.7  K contract of Index Future worth 269  cores, 3.7 K Long contract were added and 2.9 K short contracts  were squared off by FII’s. Net Open Interest increased  by 817 contract , so FII are doing profit booking  in short Index Futures.
  • Nifty  has done nothing from past 6 trading session and closing in range of 7875-7913. Series of Dojis around new high suggesting market participants are confused on next move.Wolf Wave analysis is still active.

nifty daily

 

  • Nifty Future Aug Open Interest Volume is at 1.05 cores with liquidation of 23  lakh suggesting long liquidation and 23 lakh got rollovered to September series.VIX being very low suggests bulls are still overconfident and every dip is getting bought into.
  • Total Future & Option trading volume was   at 2.87  lakh core with total contract traded at 2.1 lakh. PCR @0.95
  • 8000  CE  OI at 97.5  lakh  suggesting wall of resistance , 7800 CE  liquidated 4.5 lakh  suggesting bears cutting down positions  . 7900 CE added 10 lakh suggesting bears are making resistance on 7900 . FII’s sold 11.7 K CE longs and 8.8 K  CE were shorted  by   them.
  • 7800 PE OI@ 64.2 lakhs so strong base @ 7800. 7700 PE liquidated 6.7 lakh in OI, Break of 7800 can bring panic in bull camp .FII’s bought 7.7 K contract  PE longs and 5.5  K shorted PE were covered  by them.
  • FII’s bought 364 cores in Equity and DII sold 259 cores in cash segment.INR closed at 60.43.

 

Buy above 7925 Tgt 7950,7970 and 8000 (Nifty Spot Levels)

Sell below 7893 Tgt 7872, 7841 and 7820 (Nifty Spot Levels)

 

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2 thoughts on “FII FnO Data Analysis for 27 Aug

  1. Saurabh Agrawal

    Hi Bramesh,

    What is the stop loss for wolf wave analysis to get broken on Nifty and Nifty futures. What would be downside targets from Wolf wave analysis and below what levels can we get confirmation.

    Saurabh

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