FII FnO Analysis for 10 May trade in Nifty Future

Below is my FII interpretation for FII datasheet for 10 May

1. FII  bought 4934  Contracts of NF worth 145 cores OI increased by 7130.

2. As Nifty Futures was down  by 22 points and OI has increased  by 7130 , which signify more shorts have entered the system. Yesterday as we pointed out FII have used the rise to short the market and today they have added more shorts in the system.

3. Nifty has closed below 5000 which was a psychological level and every attempt to move above 5000 was getting sold into. Today FII average traded Price comes at 5885 which is way above the traded range of 5000 which means FII have carried shorts for tomorrow.

4. Today nifty filled the first gap till 4955 and bounced back.Now there are still 4 gaps which needs to be filled. Unfilled Gaps in Nifty(Click on the link to see)

So the most important level to watch is 4879 which is low of the gap from 4905-4879. Also Today Fibo traders were active once nifty touched 4955 as it was 61.8% retracement of the whole rally from 4531-5630.

5. Nifty  May  OI has decreased by 3.28 Lakhs .Total OI stands at 1.99 cores. Shorts were covered near 4955-60 range,

6. Total F&O turnover was 1.16 lakh  Cores  with total contract traded at 3.5 lakh .Today’s range was small but still volumes were quiet high.

7. 5200 CE saw an addition   of 3.6 lakhs in OI,total OI now stands at 66  Lakhs making it the higher end of May Series.5300 CE has added 1.7 lakhs in OI with total OI at 65 lakhs. Now 5200 looks a strong resistance for May series.  4900-5300 CE added 20 lakhs in OI which is a bearish sign. More call Addition more Bears will get stronger.

8. On Put side 5000 PE is having highest OI of 65  lakhs . 5000 PE writers did budged  today  and unwinded  1 lakh  contracts. 4900 PE added 20 lakhs in OI and total OI stands at 65.2 lakhs

9. FII Option Buy price comes at 4961 which means they are active in 5000 CE and FII put buying price comes at 4664 which means they were active in 4600 PE as 4600 PE added 15 lakhs in OI. So are we either going to 5100 or 4800 NF.

9.FII  sold 376 cores and DII bought 162 cores in cash segment.Also note they are still selling in Stocks Future segment and today’s sell was 191 cores.

10. Nifty Futures Trend Deciding level is 4808, Trend Changer at 5148 NF (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).If you see Trend Deciding level is down by almost 43 points which means FII have added more shorts in system.

Buy at 4983 Tgt 5000, 5017 and 5049

Sell below 4949 Tgt 4920,4905 and 4879 (Nifty Spot Levels)

Disclaimer: These are my personal views and trade taken on these observation should be traded with strict Sl

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2 thoughts on “FII FnO Analysis for 10 May trade in Nifty Future”

  1. Where you get this FII data for Derivative. Nse has not uploaded the file for 09-05-2012. Is there any other website we can get this data. If so please share the same.

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