Nifty cracks from gann arc, FII FnO Data Analysis

By | August 10, 2015

FII

  • FII’s bought 19.1 K contract of Index Future worth 613 cores ,18.7 K Long contract were added by FII’s and 338  short contracts  were squared off by FII’s. Net Open Interest increased  by 18.4 K contract, so today’s market was used by FII’s to exit shorts in index futures and enter longs. Overcoming Emotions As Trader
  • Nifty formed higher high but broke yesterday low also suggesting formation of lower low still unable to cross  crucial supply area as discussed in Weekly analysis.Gann Box with hourly charts are also shown with support and resistance so got resisted at 8×1 line and saw a quick fall till 3x1line, breaking today low of 8497 will see Nifty moving towards 2×1 line @8454. Gunner also showed Nifty resisting the horizontal line and finding support at gann arc, Follow up move is required so tomorrow is very crucial.

Supply Demand

nifty hourly

Nifty Gunner

  • Nifty August Future Open Interest Volume is at 1.65 core with liquidation of 2.4 Lakh, with decrease in CoC suggesting  long positions got closed today.NF Rollover price came at 8503 and NF made low today @8503
  • Total Future & Option trading volume was   at 1.56 core with total contract traded at 3  lakh . PCR @1.02
  • 8800  CE  OI at 52.3 lakh , wall of resistance @ 8800 .8400/8800 CE added 9.1 lakh in OI so bears continue in smaller position to add  need to see follow up move. FII bought 12.5 K CE longs and 1.4 K CE were shorted by them.Retail bought 35.2 K CE contracts and 25.2 K CE were shorted by them.
  • 8200 PE OI@ 58.3 lakhs  strong base @ 8200.  8300/8600 PE  liquidated 2.9  lakh so minor liquidation was seen in  8400/8600 PE with a fall of 130 fall no major panic seen and 72  lakh from start of series . FII bought 13.5 K PE longs and 1.5 K PE were shorted by them.Retail sold 14.7 K PE contracts and 7.7 K PE contracts were shorted by them.
  • FII’s sold 14 cores in Equity and DII’s sold 50  cores in cash segment.INR closed at 63.86

 

Buy above 8550Tgt 8580,8600 and 8621 (Nifty Spot Levels)

Sell below 8500 Tgt 8478,8450 and 8424 (Nifty Spot Levels)

 

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11 thoughts on “Nifty cracks from gann arc, FII FnO Data Analysis

  1. arpana

    Sir u do a wonderful job as i am ur regular blog follower.Hats of to u!!!!

  2. mithm

    Hello sir

    I am regular reader of your blog.i would like to know how you figure out below figures.18.7 K Long contract were added by FII’s and 338 short contracts were squared off by FII’s. from total 19.1

    FII’s bought 19.1 K contract of Index Future worth 613 cores ,
    18.7 K Long contract were added by FII’s and 338 short contracts were squared off by FII’s.

    Net Open Interest increased by 18.4 K contract, so today’s market was used by FII’s to exit shorts in index futures and enter longs.

  3. Preet

    Nifty fell after 3P.M today on news that GST bill wont we passed in this monsoon session. Was it really this news that tanked market i don’t think so.It is well known from day 1 of monsoon session what congress wants and BJP didn’t oblige to them. Markets knew well in advance that GST won’t be passed In August series. Toady fall on GST failure news was just an Excuse bears needed waiting for long.Dont expect a major sell off on GST news.
    Markets are ignoring bad news and moving higher. Only big positive for India is low oil price below 50$ a barrel. Bull markets started in Dec 2013 On two counts Modi Premium and low oil prices. Well Modi premium is gone but low oil prices will keep our bull run intact.

  4. Bramesh Post author

    Nifty F OI is combination of Retail+FII+HNI.

    Rgds,
    Bramesh

  5. niraj

    Hi,

    Recently I started reading your nifty updates,
    Here many times I see at top you have given fii bought nifty and later down again it is mention coc reduced means long positions are covered. Can you please suggest what it is?

  6. Rishi

    Sir, NF & BNF closed below trend change level mentioned in your post dt 7-8-15(outlook for 10-8-15).what should be the stoploss or shorts on 11-8-15.sgx nifty is showing uptick.

  7. vikaskvikas

    sir….at least 8503 played a crucial role@roll over of NF as per your earlier nifty analysis…….its significant for me atleast.
    thanks.:)

  8. BTC

    8503 once again proved as a trend chager / support . Waiting for next move.

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