FII FnO Analysis for Mahurat Trading

By | October 23, 2014

FII_1

  • FII’s bought 18.6 K contract of Index Future worth 751 cores, 24.6 K Long contract were added by FII’s and 5.9 K short contracts  were added  by FII’s. Net Open Interest increased  by 30.5 K contract , so FII added long in index futures but are adding shorts.
  • This is what we discussed in last analysis  yesterday Nifty has taken support @ 100 DMA today, suggesting short term bottom is in place. Nifty has corrected 450 points in this current correction which has lasted for 22 trading days. Shorts needs to be extreme cautious now as the reversal will be fast, we have Diwali and election results coming on Monday so bulls can see a fast and furious come back. Also Dow,European market seems to be making a short term bottom. Nifty has been rising from the day we said short term bottom is in place, Now 8030 needs to be keenly watched and also the green line of gann box as shown below nifty has turned many times from this level , so profit booking is advised on long positions, its a buy on dips market till do not go below the Trend Changer level.Do remember we have trading holiday tomorrow also.

Nifty Gann

  • Nifty Future October Open Interest Volume is at 1.71  core with addition of 3.1  lakh in OI  with suggesting long addition.
  • Total Future & Option trading volume was   at 2.25  lakh core with total contract traded at 1.78  lakh. PCR @1.08, caution is advised with such a big jump in PCR ratio.
  • 8100  CE  OI at 64.7 lakh  suggesting wall of resistance , 8200 CE  @ 64 lakh will be keenly watched in next 2 session  FII’s bought 15 K CE longs and 2.7 K  CE were  shorted  by  them.
  • 7800 PE OI@ 54.2 lakhs so strong base @ 7800 . 7900 PE OI@47.7 lakh with addition of 12.2 lakh so fight for 7900 will happen in next 2 session, FII’s bought  11.9  K contract  PE longs and 118 PE shorted  PE  were  covered by  them.
  • FII’s bought 7  cores in Equity and DII bought 375  cores in cash segment.INR closed at 61.35.

 

Buy above 8005 Tgt 8022,8039 and 8060 (Nifty Spot Levels)

Sell below 7990 Tgt 7978,7961 and 7948 (Nifty Spot Levels)


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7 thoughts on “FII FnO Analysis for Mahurat Trading

  1. vijay

    you have mentioned nifty TC level 7935, is it nifty future price or spot price?

  2. Rakesh.Trivedi

    headsup for your hardwork brother.
    if possible then please post your research about gold and crude. as like nifty analyasis

  3. Sanjib

    Thanks for your regular updates.
    Wishing you and all your readers A Happy Diwali.

  4. Ashish

    Thanks for your yr round analysis without fail and as accurate as 5C’s of the Diamond.
    Hope you continue this for many more yrs.

    Wishing you and yr family Happy Diwali.

  5. Haresh BARAIYA

    Thank you very much for your commitment for your daily update all level without fail We are really appreciate your work
    Thank you very much
    Regards
    Haresh Baraiya

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