Nifty bounces from gann arc,FII FnO Analysis


  • FII’s bought 34.1 K contract of Index Future worth 801 cores ,33.3 K Long contract were added by FII’s and 779  short contracts  were squared off FII’s. Net Open Interest increased  by 34.1 K contract, so today’s rise in market was used by FII’s to enter long  and exit  shorts in Bank Nifty Index futures  How trader reacts when market move against them ?
  • This is what we discussed yesterday   Close above 7563 is required for bulls to have some relief rally till 7700/7760, Bear market rallies will be fast and furious always keep this in mind while trading the next 3 days. Nifty formed double bottom at 7540 as 08 Aug 2014 low and today low were same. Gann arc/Fibo Fans also provided support and gave indication of rally and we are heading towards 7760/7830 if 7700 held on closing basis.

Nifty Gunner

nifty ff


  • Nifty September Future Open Interest Volume is at 2.37 core with addition of 1.7 Lakh with increase in OI and increase in CoC suggesting long position have been added. Rollover stand at 65 % and avg cost of rollover @ 7998.
  • Total Future & Option trading volume was   at 2.19  Lakh core with total contract traded at 6.9  lakh . PCR @0.85 and VIX trading at 24.56.
  • 8000  CE  OI at 36.6  lakh , wall of resistance @ 8000 .7700/8200 CE liquidated 10  lakh in OI so bears started liquidating with a 150 point rise from low but still holding 89 Lakh.  FII bought 4.9 K CE longs and 64.2 K CE were shorted  by them.Retail sold 15 K CE contracts.
  • 7500 PE OI@ 46  lakhs  strong base @ 7500.  7900/8100 PE  liquidated 1.26 lakh so bulls did not use the rise to add position suggesting still short covering rally, and next 2 days if addition than only we can say short term bottom formed. FII bought 20 K PE longs and 13.5 K PE were shorted by them.Retail bought 71.3 K PE contracts and 5.1 K PE contracts were shorted  by them.

Buy above 7721 Tgt 7760,7800 and 7830(Nifty Spot Levels)

Sell below 7680 Tgt 7650,7630 and 7600 (Nifty Spot Levels)

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  1. shiva said:

    Bramesh ji your view on Titan ???

    September 10, 2015
  2. karthik said:

    Excellent Sir….superb analysis

    September 9, 2015
  3. Max said:

    Retailers must be millionaires.. Past 2 days calls have more than doubled.

    September 9, 2015
  4. Bramesh said:

    Thanks all who got benefited from the analysis

    September 9, 2015
  5. Bramesh said:

    that was in 75 mins charts

    September 9, 2015
  6. Sunil Chhabra said:

    Sir – Indeed the Gann Date of 8th Sep predicted by you worked wonderfully

    September 9, 2015
  7. sum j said:

    Nifty forms Bullish Tweezer candles on Daily!

    September 9, 2015
  8. somnath said:

    Amar, Boss it’s Hat’s not Head- just to correct you. Bramesh, good analysis !

    September 9, 2015
  9. Nikhil Patel said:

    oops my bad i read it as Aug 2015 🙂

    September 8, 2015
  10. amar said:

    Sir heads off

    September 8, 2015
  11. Chetan said:

    Any medium term gann targets on nifty and bank nifty.

    September 8, 2015
  12. venkat said:

    sir, its 7540 on 8th aug,2014 ? typo error

    Nifty formed double bottom at 7940 as 08 Aug 2014 low and today low were same.

    September 8, 2015
  13. Pradeep Shah said:

    Dear Bramesh, I really appreciate your hard work and dedication, I wait for your post,
    It’s really helpful for us to take next day trading decision. Thanks a lot

    September 8, 2015
  14. BTC said:

    Well Brahmeshji, yesterday s observation & support levels comes true.

    September 8, 2015
  15. Bramesh said:


    September 8, 2015
  16. Nikhil Patel said:

    Nifty formed double bottom at 7940 as 08 Aug 2014 low and today low were same.??
    Today low 7541….

    September 8, 2015

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