FII bought 247 contract of Index Future worth 281 cores, Net OI has increased by 281 contract 264 Long contract were added by FII and 17 Shorts were added by FII. Net FII Long Short ratio at 1.56 so FII used fall to enter longs and enter shorts.
As discussed in Last AnalysisNow Bears need to break 15014 for a fall till 14976/14920/14864. Bulls need to move above 15170 for a move back to 15220/15280/15325. 2 Bearish target done on downside and we we saw the effect of astro date as we have discussed in below video. Now Bulls need to break 15025 for move back to 15082/15144/15205. Bears will get active below 14960 for a move back to 14898/14837/14777. We are also near Important support zone which can potentially Gann Price time squaring so big move will be seen in next week.
Total Future & Option trading volume at 27.55 Lakh core with total contract traded 1.58 lakh , PCR @0.98
Nifty Feb Future Open Interest Volume is at 1.06 Cores with liquidation of 3.3 Lakh with increase in cost of carry suggesting SHORT position were closed today, NF Rollover cost @14217 closed above it.
15100 CE is having Highest OI at 15.7 Lakh, resistance at 15200 followed by 15300.15000-15300 CE added 24 Lakh in OI so bears added in range of 15300-15500.FII bought 47.6 K CE and 35.7 K CE were shorted by them. Retailers bought 266 K CE and 236 K CE were shorted by them.
14900 PE OI@25 Lakhs having the highest OI strong support at 14900 followed by 14800. 14800-15200 PE added 28 Lakh in OI so bulls addded position in range 14800-15000.FII bought 53.1 K PE and 29.7 K PE were shorted by them. Retailers bought 88 K PE and 118 K PE were shorted by them.
FII’s bought 118 cores and DII’s sold 1174 cores in cash segment.INR closed at 72.72