FII FnO Data Analysis for 03 Dec

By | December 2, 2014

FII

  • FII’s sold 55.5 K contract of Index Future worth 1295 cores, 52.9 K Long contract were squared off by FII’s and 2.5 K short contracts  were added by FII’s. Net Open Interest decreased  by 50.3K contract ,so FII’s squared off long in Index Futures, added shorts in index future.But with this big selling also NF was down just 20 points and BNF closed up 20 points showing no major impact seen in market. Most of these positions were bought before the event and once it got over were squared off immediately.
  • Nifty saw a pullback of 119 points ,so keep an eye of this pullback if it extends more than 100 points as discussed in previous post  correction will resume ,else again march to new highs will be seen.so low of 8500 is very important number to be watched. Nifty On hourly charts is near the channel bottom with Hourly oversold so 8500 held we can see move up to channel top again. Expect big range day in next 2 trading session as per gann time analysis.

nifty hourly

  • Nifty Future December Open Interest Volume is at 2.13 core with liquidation of 5.5 lakh in OI suggesting long liquidation with increase in cost of carry.
  • Total Future & Option trading volume was   at 1.97 lakh core with total contract traded at 4 lakh. PCR @1.01.
  • 8700  CE  OI at 50.6 lakh so wall of resistance @ 8700.8800/8900 CE saw addition of 4.6 lakh still no liquidation suggesting speculative buying still happening.FII sold 3.8 K CE and 20.2 K CE were shorted by them.
  • 8500 PE OI@ 47.1 lakhs so strong base @ 8500  . 8400 PE added 5.7 lakh in OI so strong base building happening @8400. FII bought 12.4 K PE and 28.6 K PE were shorted by them.
  • FII’s bought 106  cores in Equity and DII sold 40.2 cores in cash segment.INR closed at 61.8

 

Buy above 8530 Tgt 8555,8582 and 8610 (Nifty Spot Levels)

Sell below 8500Tgt 8474,8443 and 8420(Nifty Spot Levels)

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2 thoughts on “FII FnO Data Analysis for 03 Dec

  1. pratheesh

    Brahmeshji,y Reliance not taking up move? Is shell gas is a threat for them?

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