Nifty held on to Gann resistance line,FII FnO Data Analysis


  • FII’s sold 11.4 K contract of Index Future worth 33 cores ,13.7 K Long contract were squared off by FII’s and 2.2 K  short contracts  were squared off by FII’s. Net Open Interest decreased  by 16 K contract, so today’s rise in market was used by FII’s to exit long  and shorts in  Index futures  Motivational Story of the Uncashed Cheque
  • Nifty is near gann trendline resistance as shown below gunner chart  resistance has increased to 7880 crossing the same can see move till 7948 unable to do so we can see move down till 7761/7720.Today upmove was on less volume.

Nifty Gunner

  • Nifty September Future Open Interest Volume is at 2.23 core with liquidation of 3.4 Lakh with  decrease in CoC suggesting long position have booked profit today. Rollover stand at 65 % and avg cost of rollover @ 7998.
  • Total Future & Option trading volume was   at 1.57  Lakh core with total contract traded at 4.1  lakh . PCR @0.98and VIX trading at 24.32.
  • 8000  CE  OI at 46.8  lakh , wall of resistance @ 8000 .7700/8200 CE added 9.5  lakh in OI so bears added on a day even though nifty rose by 80  and  holding 101 Lakh.  FII bought 20.1 K CE longs and 35.3 K CE were shorted  by them.Retail sold 13.7 K CE contracts.FII’s have been consistently shorting CE as VIX is elevated and will go down on Friday.
  • 7500 PE OI@ 45.2 lakhs  strong base @ 7500.  7600/8100 PE  added 9.4 lakh so bulls added in equal amount suggesting one side needs to liquidated before Wednesday. FII bought 14.1 K PE longs and 5.8 K PE were shorted by them.Retail bought 74.3 K PE contracts and 45.5 K contracts were shorted by them.

Buy above 7880 Tgt 7914,7948 and 7980 (Nifty Spot Levels)

Sell below 7835 Tgt 7800,7760 and 7720 (Nifty Spot Levels)

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  1. iamvaibhav said:

    Nifty 7883.25 is 360 degree from bottom of 7532, crossing this next Gann resistance comes at 7927.

    September 15, 2015
  2. Bramesh said:

    Yes thats possible. Profit booking in both long and shorts.

    September 15, 2015
  3. gurnek said:

    next year aana for crash. not this year. bull run will start soon

    September 14, 2015
  4. Sandy said:

    Manoj ji Shemitabh ,just google this word and add september ,watch in youtube

    September 14, 2015
  5. today’s rise in market was used by FII’s to exit long and shorts in Index futures …
    bramesh – may I know what it means please ? Exit longs and Exit Shorts ? both.

    September 14, 2015
  6. sahanash said:

    Dear bramesh,

    What is meant by VIX and how does it related to our market?

    September 14, 2015
  7. Preet said:

    Traders need to be very cautious on markets for next one month.As told by famous Astrologer Economic crash globally is just ahead.

    September 14, 2015
  8. PT Soni said:

    bank nifty moving towards 18000/19000 by expiry

    September 14, 2015

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