FII’s Data Analysis in NIFTY FUT and BANKNIFTY FUT OUR FII’S FUND MANGER’S EMAIL
FII’s Data Analysis in NIFTY FUT and
BANKNIFTY FUT
OUR FII’S FUND MANGER’S EMAIL
Hello Readers,
Please accept my apologies for not intimating you well in advance I will
not be updating the blog for next 2-3 days. I have informed on but should have said on site also.Lesson learnt I am still
pre-occupied by my work Blog will get updated by Thursday evening
regularly. Thanks all for your calls/sms/emails. Markets are
crashing and in turn many traders have asked for my advise, I have replied to
most of emails and was in touch with most of my students who made a killing in
recent 2 days mayhem. I am quiet happy for few of my students who lost
completely confidence in trading but after have made a decent money and
moreover are getting their confidence back in trading . Keep following trading
system with discipline and you can emerge as winner in Stock market. Lets move
into FII Data analysis and see how far the markets can fall in current
downtrend
FIIs sold 45104 contracts of Index Future (Entered fresh shorts in
55761 contracts and 10657 Longs) worth 1215 cores with net
Open Interest increasing by 66418 contracts. So as per data analysis, FII’s are
still entering in fresh shorts in NF and BNF.
Nifty has been falling like 9 Pins,
because of Rupee woes, I have
discussed 07 July Can rupee touch 65 to a dollar ? of possibility of
Rupee touching 65 and eventually Stock market and Indian
Economy paying the price. Well the thought process
seems to turn out to be reality as Rupee has breached 63 yesterday and is trading
at life low, So this is the answer to
many traders question why is Rupee falling and eventually Stock market.From
Technical Prospective Nifty has been in Sell
mode on Friday when it started trading below the Price Action Strategy
level/Trend Changer level. Nifty has also
closed below an Important Chopad level of 5426 and Next positional target comes
around 5345 and 5296. Any close above 5426 will give the much
awaited relief rally with target of 5475/5556. As the major trend is
down traders are advised not to carry overnight long positions. Again i
would reiterate, Do not get in habit of predicting tops and
bottom of market just follow system and your trailing stop loss.
Nifty Future Aug Open Interest Volume is at 1.91 cores with addition of
15.6 lakhs in Open Interest.
Total Future & Option trading volume at 2.30 lakh with
total contract traded at 4.8 lakh , PCR (Put to Call Ratio) at 1.13. PCR has
not come down substantially because of Huge put writing taking place. TO give
perspective 5300 PE which made a Intraday High of 70 closed at 44, Due to
excessive volatility and High IV’s Put writes are back in action. So what i
want to convey even if markets are going down it does not mean you can blindly
buy any Puts and just hold on to it, Having an exit plan is very very important
when trading in Options in Highly volatile times. VIX closed at 25.69 and was
up by 30% in August series.
5700 Nifty CE is having highest OI at 75 lakhs with addation of 11.9
lakhs in OI. 5500 CE added 14 lakh in OI will be resistance in short term
and 5400 CE added Huge 33 lakh in OI in single session. As per Option
data OI analysis FII entered long in 30 K call options mostly in 5400 CE and
also entered in 38K Call shorting mostly in 5700/5800 CE. So basically FII are playing
for small pullback in NIfty. 5400-5700 CE added 63.9 lakh
in OI.
5300 PE OI at 65 lakh remain the highest OI, with addition of 16 lakh in
OI, remains the firm support for time being. 5400 PE liquidated 20 lakh in OI
and 5500 PE also liquidated 17.6 lakh in OI is next resistance for Nifty,As per
Options Data analysis, FII has booked profit in 38.7 K Longs out of 1.25 lakhs
which they entered on Friday and negligible Put writing , so basically
FII’s are booking profits in Logn Puts but No put writing taking place which
suggests we are still not near bottom of market.5400-5700 PE liquidated 42 lakh in OI.
FIIs sold in Equity in tune of 680 cores ,and DII
bought 372cores in cash segment ,INR closed
at 63 new life time low.
Nifty Futures Trend Deciding level is 5420(For Intraday Traders).Nifty
Trend Changer Level 5700 and Bank Nifty Trend Changer level 10070.Trading
trading based on TC levels in NF had made more than 350+ point and BNF made
more than 1000 points .
Buy above 5428 Tgt 5440,5475 and 5491 (Nifty Spot Levels)
Sell below 5402 Tgt 5389,5361and 5345(Nifty Spot Levels)
Ple now a days a give trail
now, we are not giants, we did not give
any trail
For trades market is now un balance move