Nifty continue with fall, FII FnO Data Analysis

By | December 16, 2014

FII

  • FII’s sold 24.7 K contract of Index Future worth 556 cores, 19.6 K Long contract were added by FII’s and 5 K short contracts  were added by FII’s. Net Open Interest decreased  by 24.7 K contract ,so FII’s liquidated long in Index Futures  and continue adding shorts in index future.
  •  Nifty has corrected 575 points in the current correction, Review of Nifty Corrections in 2014  Nifty has broken both AF support and 50 SMA with gap down, now heading towards the 61.8% Fibo retracement of current fall. Nifty has from past 3 times bounced from this level as shown below. Bull market correction are fast and furious so use the dips to enter delivery based buying. As per quantitative analysis maximum rise seen in current fall is 80-90 points so if we rise more than 90 points we can see short term bottom is in place. I have been advocating on Buy the dips only for investors not for over leveraged traders for the simple reason we are in bull market.  S&P 500 in past 4 years of Bull run showed such 5-8% dips almost 6 times and investors who bought those dips were rewarded handsomely.

nifty daily

 

  • Nifty Future December Open Interest Volume is at 2.39 core with addition of 4 lakh in OI suggesting shorts addition ,with increase in VIX.
  • Total Future & Option trading volume was   at 4.01  lakh core with total contract traded at 6.9 lakh. PCR @1.01.
  • 8500  CE  OI at 59.9 lakh so wall of resistance @ 8500.8000/8400 CE saw addition of 61.3 lakh so  bears are in full form.FII bought 16.4 K CE and 70.5 K CE were shorted  by them.
  • 8000 PE OI@ 63.8 lakhs so strong base @ 8000  with addition of 23.5 lakhs . 8100 PE did not liquidate 0.05  lakh in OI so  8100 PE writers have not panicked till now. FII bought 104 K PE and 44.7 K PE  were shorted  by them.
  • FII’s sold 1247  cores in Equity and DII bought 534  cores in cash segment.INR closed at 63.53.

 

Buy above 8076 Tgt 8091,8130 and 8153(Nifty Spot Levels)

Sell below 8052 Tgt 8017,7975 and 7930 (Nifty Spot Levels)

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17 thoughts on “Nifty continue with fall, FII FnO Data Analysis

  1. Publicum

    Thanks for the important clarification abt impulsive nature of GANN days.

  2. Bramesh Post author

    Google Gann Emblem to know more details about it..

  3. trushal

    Sir, previously you had mentioned 22dec and 16 Jan as very important date for nifty as per ” Gann Emblem “. What does this signify ?

  4. Dinesh Kumar

    Dear All,

    Bramesh ji is a Technical analyst not a predictor, in market technical analysis gives nearly 70 to 75% success, loss is part of the game. We have to concentrate on winning the championship not every match, means net profit from all trades done not profit from every trade.

  5. Bramesh Post author

    Thanks Harshji,vasudevanji,yagsji for putting forward your views.

    Appreciated.

  6. Bramesh Post author

    Nope your understanding is not correct. It always says impulsive move on cards. No ground rule one up another down as per my understanding..

  7. vasudevan selvaraj

    Nobody is do analysis 100% in stockmarket. We can try for more probabilities of success in trades. Bramesh analysis is excellent. Follow strict stoploss levels as mentioned by him.
    It will only save you.But many failed to follow the rules stoploss. Fear and greed of the big players ruin the analysis sometime.

  8. Publicum

    Arn’t GANN days supposed to alternate — once up followed by down (or vice versa)? But last two GANN days were both down. How does one explain this.

  9. harsh

    shri sanjeevji….mr bramesh is a chart reader….a friend philosopher and path enlighter. He analyses the data at the end of the day and the chart structure and then gives the views. Doesnt mean that they are not prone to the changes in the world.
    but A simple fundamental rather than analysing his views act on the levels given!. seriously speaking i am trading 2 lot intraday as per the levels of Mr bramesh and i can assure you minimum 80% success rate. he had given 16+1 as gann date so hope u were able to capture the nifty point
    just act on the levels given rather than trying to analyse his analysis….capture nifty points rather than capturing and putting your thoughts in his mouth.

  10. yags

    Mr. Sanjiv
    This is stock market and nothing fix.Its a probeble & dynamic market .
    Probebility may go wrong even.

  11. sanjeev

    you were bearish when index was near 8300 levels atleast 3 reports you mention your bias very clearly – when it did not happened you suddenly turned bullish and posted that nifty can reach 8800 and than market fell ,now you published that 8180 will held in atleast 3-4 reports …matket is now 100 points below that level

    publish this of you really are honest in your work accept it

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