FII FnO Data Analysis for 14 Nov

By | November 13, 2014

FII

  • FII’s sold 13.5 K contract of Index Future worth 394 cores, 11.6 K Long contract were squared off by FII’s and 1.8 K short contracts  were added  by FII’s. Net Open Interest decreased  by 9.8 K contract , so FII have slowly started shorts in Index Futures and booked profit in long contract.
  • Nifty today did a follow up of gravestone doji candlestick formed yesterday ,  Dalal Street old saying came true again  Buy rumor , Sell news, On Upside if 8411 is broken 8450 is Fibonacci resistance, Any break below 8320/8280 will see Nifty correcting till 8200/8220 odd levels as shown in below 2 charts.We have SBI/Tata Motors and BHEL results tomorrow, SBI and Tata Motors is Index heavyweight so results will impact market. Grinding move is beneficial to Option writers  because of their option writing. Once, they start covering options written, we might start the trending move again. Whether we fall deep or not is debatable, but for me the upside looks capped for this series.

nifty hourly

 

nifty hourly

  • Nifty Future November Open Interest Volume is at 2.31 core with liquidation of 6.7 lakh in OI suggesting long liquidation.Today volumes were highest in past 7 days so if 8380/8390 not crossed we can see break of 8320 tomorrow.
  • Total Future & Option trading volume was   at 2.05  lakh core with total contract traded at 3.8 lakh. PCR @1.01
  • 8500  CE  OI at 58.4 lakh  suggesting wall of resistance , 8400 CE  saw 4.7 lakh in OI suggesting 8400 will be difficult to cross in short term in NS , FII’s bought  25.6 K CE longs and 4.3 K CE were shorted   by  them.
  • 8300 PE OI@ 53.4 lakhs so strong base @ 8300 but it saw an liquidation of 7.5 lakh out of 10 lakh which got added yesterday so 8300 can be tested tomorrow . 8400 PE liquidated 3.7 lakh in OI so 8400 needs to be watched if more PE are not written we can see some more unwinding , FII’s bought 7.9 K  contract  PE longs and 6.2  K PE  were shorted   by  them. With just a 30 points fall in NF we are seeing huge unwinding suggesting panic in bull camp.
  • FII’s bought 690 cores in Equity and DII sold 738 cores in cash segment.INR closed at 61.56.

 

Buy above 8365 Tgt 8390,8403 and 8450(Nifty Spot Levels)

Sell below 8350 Tgt 8316,8274 and 8228(Nifty Spot Levels)

 

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6 thoughts on “FII FnO Data Analysis for 14 Nov

  1. heta

    Thank u very much sir…I have taken 8300 PE on options today @ 38..sir can u pls guide me whether I am doing right.

  2. ajay

    Sir

    Ur Knowledge in the stock market is like encyclopedia of Britannica.We are the primary students and can’t digest the huge volume.I like to get an article about whip saw phenomena and how to identify it.
    Thanks and expecting great articles from you in future also.

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