Bulls back with Bang, FII FnO Data Analysis

By | September 18, 2014

FII_1

  • FII’s bought 15.8 K contract of Index Future worth 644 cores, 22.2 K Long contract were added and 6.3 K short contracts  were added by FII’s. Net Open Interest increased  by28.5 K contract , so FII added longs in Index futures also shorts were added but in 1:3 ratio.
  • As discussed in previous post Nifty Ready for Bounce  we discussed Nifty is near its trendline support and also has corrected just 38.2% retracement of the rise from 7540 odd levels. Bullish patten is totally intact and Bulls were back with bang today, so 4 days of fall was covered in single session clearly suggesting who is at drivers seat.  Now Nifty is nearing an important level of 8126, we need 1 hour close above this level for Nifty to make another fresh life high.

nifty daily

 

nifty fibo

  • Nifty Future Sep Open Interest Volume is at 1.35 cores with addition of 9.5  lakh suggesting long addition.
  • Total Future & Option trading volume was   at 3.62  lakh core with total contract traded at 3.18 lakh. PCR @0.93.
  • 8200  CE  OI at 66.9  lakh  suggesting wall of resistance , 8100 CE  liquidated 9.3 lakh suggesting bears have started booking profit.8000 CE also liquidated 20 lakh so 8000 is base for expiry. FII’s bought 1.6 K CE longs and 6.5 K CE  were shorted  by  them.
  • 8000 PE OI@ 83  lakhs so strong base @ 8000. 8100 PE OI@27.8  so support building up @8100 not so strong as of now, So fight for 8100 will be seen in coming 2 days . FII’s bought 7.1  K contract  PE longs and 1.4 K PE contract were shorted  by  them.
  • FII’s sold 9 cores in Equity and DII bought 84 cores in cash segment.INR closed at 60.91.So no major cash based buying was seen today. Rise was technical in nature and this is the least cash buy by FII on a day when nifty rose by 150 points.

 

Buy above 8130 Tgt 8150,8180 and 8200 (Nifty Spot Levels)

Sell below 8100 Tgt 8080, 8060 and 8040 (Nifty Spot Levels)

 

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5 thoughts on “Bulls back with Bang, FII FnO Data Analysis

  1. k

    •Total Future & Option trading volume was at 3.62 lakh core with total contract traded at 3.18 lakh. PCR @0.93.

    I guess here total contract traded at 3.18 lakh is meant for Nifty futures only . Creates a little confusion here as total contract traded for total F & O was quite high at about 8980976. Please clarify if this is not the case

  2. Santhosh

    seems FII to FII buying happened today. So the net figure is nullified. Rumors are there at street that some of the japan funds are buying india.

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