Nifty holds Pyrapoint support, FII FnO Data Analysis for 18 Aug

By | August 17, 2015

FII

  • FII’s sold 36.9 K contract of Index Future worth 600 cores ,29 K Long contract were squared off by FII’s and 7.9 K  short contracts  were added by FII’s. Net Open Interest decreased  by 21 K contract, so today’s fall in market was used by FII’s to exit long and enter shorts in index futures .Famous People Who Found Success Despite Failures
  • Nifty saw a big fall minutes of opening and than saw slowly and steady recovery during the course of day. Pyrapoint again came to rescue for Bulls as Nifty took support at Blue line as shown in below chart and saw recovery during the day as shown in below chart.  Pyrapoint suggests support have increased to 8461/8470, resistance also around 8530. Once broken we can see trending move in market.

NIFTY - Pyrapoint

 

  • Nifty August Future Open Interest Volume is at 1.44 core with liquidation of 5.6 Lakh, with decrease in CoC suggesting  long positions got closed today.NF Rollover price came at 8503 and NF close below it.
  • Total Future & Option trading volume was   at 2.67 core with total contract traded at 4.4 lakh . PCR @0.93.
  • 8600  CE  OI at 50.5 lakh , wall of resistance @ 8600 .8400/8800 CE added 4.5 lakh in OI so bears added aggressively at 8500 CE.  FII bought 6.7 K CE longs and 7.4 K shorted  CE were covered by them.Retail bought 101 K CE contracts and 45 K CE shorted  were covered by them.
  • 8200 PE OI@ 59.3  lakhs  strong base @ 8200.  8300/8600 PE  liquidated 17.3  lakh so major  liquidation was seen in  8400/8500 PE still bulls are holding  and 67  lakh from start of series . FII bought 2.3 K PE longs and 3.2 K shorted PE were covered by them.Retail sold 48 K PE contracts and 3.4 K PE contracts were shorted by them.

 

Buy above 8480 Tgt 8500,8530 and 8550 (Nifty Spot Levels)

Sell below 8425 Tgt 8400,8375 and 8350 (Nifty Spot Levels)

 

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12 thoughts on “Nifty holds Pyrapoint support, FII FnO Data Analysis for 18 Aug

  1. deepak

    Thanks a ton! Can u provide me a link where i can go through historical call and put ratio.

  2. Bramesh Post author

    from past 2 days NF made 2 rounds of 75/100 Points from TC levels. Traders who did part booking were rewarded 2 times.

    Rgds,
    Bramesh

  3. Manian

    Sir
    Nifty below Positional trend change level for past 2 days.But no major trending move on the downside?

  4. deepak

    Hi Bramesh,

    Can you help us explaining the concept of Put to call Ratio i.e PCR ?

  5. mishra

    in last 6 sessions nifty formed inside day pattern thrice. does this have any implication for market direction, which is in sustained up trend for last two and half months.

  6. Bramesh Post author

    Will update if it comes in my stock selection list.

    Rgds,
    Bramesh

  7. Bramesh Post author

    Yes Inside day pattern formed.

    Rgds,
    Bramesh

  8. kalvarthy

    Hi Bramesh, any insights on steel stocks, particularly SAIL/ Tata Steel which had a good move today?

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