FII FnO Data Analysis for 16 Sep

By | September 15, 2014

FII_1

  • FII’s sold 34595  contract of Index Future worth 1394 cores, 13.8 K Long contract were squared off and 20.7 K short contracts  were added by FII’s. Net Open Interest increased  by 6.8 K contract , so FII squared off both  long and added shorts in Index futures.
  • Nifty opened with gap down , and traded in a small range for rest of the day, This is the 2 gap down after making high of 8180. Now 7984-8000 range needs to be watched closely,Holding the same bounce back can be seen till 8107/8128 range.Any close below 8000 can see a quick down move to 7930/7984 range.  Hourly EW is shown in below chart.As per time analysis big move can be seen in coming 2 days.

Nifty Hourly EW

 

  • Nifty Future Sep Open Interest Volume is at 1.34 cores with liquidation of 2.4  lakh suggesting long liquidation.OI is very low in Nifty future so both bulls and bears are not carrying heavy positions suggesting range bound move can continue.
  • Total Future & Option trading volume was   at 1.87  lakh core with total contract traded at 2 lakh. PCR @0.90.
  • 8200  CE  OI at 67.5  lakh  suggesting wall of resistance , 8100 CE  added 3.2 lakh .8000 CE added 3.4 lakh suggesting bears are making position for NF to touch 8000 so we can see a correction continuing to 8000. FII’s sold 4.5 K CE longs and 1.3 K CE  were shorted  by   them.
  • 8000 PE OI@ 74  lakhs so strong base @ 8000. 7900 PE OI@54   so support building up @7900, So fight for 8000 will be seen in coming 2 days . FII’s bought 11.2  K contract  PE longs and 18.2 K shorted  PE were by  covered by them.FII’s covering PE in large quantity shows its sell on rise market till 8128 is not crossed.
  • FII’s sold 74 cores in Equity and DII sold 74 cores in cash segment.INR closed at 61.14.

 

Buy above 8050 Tgt 8070,8097 and 8116 (Nifty Spot Levels)

Sell below 8022 Tgt 8002, 7984 and 7954 (Nifty Spot Levels)

 

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6 thoughts on “FII FnO Data Analysis for 16 Sep

  1. Krishnayan Sasmal

    Hi Bramesh…I need your help in finding the difference between Trading using Trend Changer levels (which you publish daily) and Trading using Chopad levels (which you publish daily).. May be a similar article that you wrote on How to trade Trend Changer and How to trade Intraday/Positional for stocks

  2. Harinder Singh

    Bramesh Sir, will EWave also be thought in your TA course.

  3. Praveen Khunte

    Hi Bramesh,
    Thanks for your daily analysis.
    I had a query related to options (not relevant to this post).
    If I purchased 8000 put today and if market closes at 7500 on expiry, the put value should ideally be 500. However I found that deep in the money options have big difference in seller vs buyer. Hence I will get best buyer at around 470 (loss of say 30 points). At 3:25 pm on expiry day, I see market closing at 7500, then will I get the price as per the closing value of nifty underlying if I leave the put to be squared off by exchange? What could be the other implications?
    It makes lot of difference in stock options because of lot size.

    Please provide your valuable suggestions.

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