FII FnO Data Analysis for 06 May


  • FII’s sold 44.3 K contract of Index Future worth 924 cores,43.9 K Long contract were squared off  by  FII’s and 1.2 K  short contracts  were added by FII’s. Net Open Interest decreased  by 41.8 K contract so rise was used by FII’s to square off longs in Index Future.What Kind of Trader are You ?
  •  Nifty after yesterday rise did not show a follow up move, consolidated in range and formed a long legged DOJI, Gunner shows we are entering a new quadrant tomorrow  so impulsive move can be expected in next 2 trading session. Pyrapoint analysis also shown in below chart suggests as we are entering new quadrant so expect impulsive move. On Upside 8360/8395 is supply zone 8285/8245 is demand zone. After a 700 point decline market should form a range and consolidate before going for next trending move.

Nifty Gunner

NIFTY - Pyrapoint


  • Nifty May Future Open Interest Volume is at 1.67 core with liquidation of 15.4 lakhs with  cost of carry going negative  suggesting  long position got closed. Huge Liquidation was seen today with OI coming well below 1.8 cores suggesting bulls are not sure of upmove and bears not taking any serious bets.
  • Total Future & Option trading volume was   at 1.57 core with total contract traded at 4.4 lakh. PCR @0.94.
  • 8600  CE  OI at 38.7  lakh , wall of resistance @ 8600 .8300/8600 CE saw addition of 9.9  lakhs ,so  bears  added 34 lakh in 2 trading session and no liquidation was seen in today’s rise. FII bought 41.8 K  CE longs and 14.3 K CE  were shorted by them.
  • 8100 PE OI@ 35.7 lakhs so strong base @ 8100.  8200/8400 PE added 0.9 lakh so bulls are back but need more addition for downtrend to get over.  FII bought 12.8 K PE longs and 11 K PE  were shorted  by them.


  • FII’s sold 756 cores  in Equity and DII’s bought 979  cores in cash segment.INR closed at 63.43.


Buy above 8333 Tgt 8360,8395 and 8425 (Nifty Spot Levels)

Sell below 8280 Tgt 8245,8220 and 8182 (Nifty Spot Levels)


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10 thoughts on “FII FnO Data Analysis for 06 May”

  1. Once a good trade is done, trade closed. Do not sit in front of terminal till 3:30

    If you made money by 10 AM close terminal and cocn on other work.


  2. Bramesh Bhai,
    As per your system now no more sell or buy as it moved beyond three targets in Sell mode. So we have to wait for either 8280 ( i.e., morethan 120 points) or no more entry today.

  3. Dear Bramesh ji,
    I have been following this site for few months. Thanks a lot for your good work. I have seen NIFTY crossing your weekly Chopad levels very frequently. Can you please tell us rules to follow for chopad levels.

    Thanks & Regards
    S Kumar

  4. NF Trend changer level is 8304 and today May-2015 series NF closed at 8361.
    Since the value has already above trend changer level, there is only short opportunity here? i.e. if NF May-2015 series touch 8304?

  5. Dear Gaurav,

    Why you are mixing system and time frame. If you are long as per Weekly Analysis follow those levels.

    8304 is TC level for Positional system and its of NF

    8280 is NS level for Intraday traders. Do not rush to trading without understanding the system and which one you want to follow and trade.


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