FII FnO Data Analysis for 23 March

By | March 21, 2015

FII

  • FII’s sold 26 K contract of Index Future worth 575 cores,8.8K Long contract were squared off by FII’s and 17.1 K short contracts  were added  by FII’s. Net Open Interest increased  by 8.3  K contract.
  • As per Pyrapoint Analysis Nifty Opened nifty is entering the support zone of 180 degree and holding well above its red line.  Gann Box also suggests we are entering a support zone and shorts should be cautious. Also Gunner in the second chart suggests we are nearing the sell target, so profit booking in shorts should be done. We can see another round of decline if 8550 on Nifty is broken , if not we can see a fast and swift bullish move above 8600 for intial target of 8800 as shown in Gunner chart.  We have seen fast volatile move in range of 8600-8800 in past 9 trading session, suggesting trending move is round the corner. Market is consolidating in a range to prepare a base for next round of move.

NIFTY - Pyrapoint

Nifty Gunner

 

  • Nifty March Future Open Interest Volume is at 2.28 core with liquidation of 2 lakhs with increase in cost of carry.
  • Total Future & Option trading volume was   at 3.27 core with total contract traded at 4.4 ,lakh. PCR @0.86.
  • 9000  CE  OI at 50.3 lakh ,wall of resistance @ 9000 .8600/8700 CE saw addition of 12 lakhs,so  bears added big time in 8700 CE and still holding 100  lakhs in past 5 session. FII sold 26.1 K CE longs and 8.9 K  CE were shorted  by them. Biggest beneficiaries of this range bound move in the series is for Option Writers.
  • 8500 PE OI@ 52.7  lakhs so strong base @ 8500. 8700/8900 PE  saw liquidation of 13 lakhs  so finally weak  bulls started covering their positions . FII sold 6.9 K PE longs and 17.5K PE  were shorted  by them.
  • FII’s bought 354 cores  in Equity and DII sold 219  cores in cash segment.INR closed at 62.46.

 

Buy above 8584 Tgt 8610,8630 and 8658 (Nifty Spot Levels)

Sell below 8570 Tgt 8540,8509 and 8465 (Nifty Spot Levels)

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5 thoughts on “FII FnO Data Analysis for 23 March

  1. biju2222@gmail.com

    I think there is tug of war between HNI vs FII. FII in + & HNI bearish. One has to reverse position. FII has good cash flow, so my opinion FII win & close this seris above 8750.

  2. Devendra Dugad

    HI Brahmesh ji…
    Since FII data is negative,does it means that they have bought in cash segment…
    Which means they are bullish now, as per your previous post??

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