Nifty does Gunner Target,FII FnO Data Analysis

FII

  • FII’s bought 14.1 K contract of Index Future worth 318 cores,39 K Long contract were added  by  FII’s and 24.9 K  short contracts  were added by FII’s. Net Open Interest increased  by 64 K contract.Conquer the Four Fears to be Profitable trader Part-I
  •  Nifty continued forming lower low and closed below  its 20/50/100 SMA, falling 502 points in 5 trading . Gunner Analysis reached its target as shown in below chart, 8352 will play an important role going forward, if broken we can move towards 200 DMA and if held can see 150/200 points bounceback in nifty. As discussed yesterday Pyrapoint support at 225 degree line comes @8374, Nifty made low of 8352 bounced back sharply.

Nifty Gunner

NIFTY - Pyrapoint

  • Nifty April Future Open Interest Volume is at 2.14 core with addition of 10 lakhs with increase in cost of carry suggesting  long position got added.
  • Total Future & Option trading volume was   at 3.23 core with total contract traded at 5.9 lakh. PCR @0.86 suggesting sentiments is turned bearish.
  • 8500  CE  OI at 45.5  lakh , wall of resistance @ 8500 .8400/8600 CE saw addition of 29.4  lakhs ,so  bears who added aggressively in and added 100 lakh in past 5 trading session. FII sold 6.5 K  CE longs and 48.3 K CE  were shorted  by them.
  • 8300 PE OI@ 44.8  lakhs so strong base @ 8400.  8500/8800 PE liquidated 24.7  lakh so bulls are stuck with panic .  FII bought 87.9 K PE longs and 5.9 K PE  were shorted  by them.

OI

  • FII’s bought 17.4K  cores  in Equity and DII’s bought 1364  cores in cash segment.INR closed at 62.86.

 

Buy above 8400 Tgt 8427,8447 and 8470 (Nifty Spot Levels)

Sell below 8350 Tgt 8330,8290 and 8245 (Nifty Spot Levels)

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10 thoughts on “Nifty does Gunner Target,FII FnO Data Analysis”

  1. Dear Sir,

    FII bought 17400 crores in cash market on 21/4/15. I think, this is the first time in 2015 that FII bought in five figures. Isn’t it unusual?

    Regards,

    Bipinchandra

  2. Sir,

    hats off again for perfect analysis >>
    below 8352 it went to 200DMA n bounced back 150 points super sir

    regards
    sandeep

  3. Dear Bramesh Sir, Can you please reply to my question on your Bank Nifty weekly analysis; I am planning to short BANK May Fut on intraday rise since I see that in your BANKNIFTY EW Hourly daily chart is showing downside close to 17250 before Apr-26?

  4. LEADERS
    don’t force people
    to follow them,
    they invite them to a
    JOURNEY..
    thanks bramesh sir.
    YOU R A LEADER.

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