FII Statistics – Details on Derivatives FII Statistics for 22 Oct

By | October 21, 2012 11:46 pm

1. FII sold 10776  Contracts of Index Future,worth 282.53 cores with net OI increasing by 3064 contracts.

2. As Nifty Future was down by 48 points and  Open Interest in Index Futures increased by 3064,so  FII took  shorts in Nifty Future and Bank Nifty.They are also playing the range 5725-5635 and doing more of day trading.

3. NS closed at 5684 after making a high of 5712  and low of 5684 .Nifty spot again was unable to break 5725 and 5638 so still trading within the range of 5635-5725. It has been 9 days of consolidation in this range and has been a very frustrating range to traders. Best is to stay on sidelines till this range breakout/breakdown gets resolved.

4. Resistance for Nifty has come up to 5725 and 5741 which needs to be watched closely ,Support now exists at 5651 and 5635 .Trend is Sell on Rise  till 5725 is not broken on closing basis.

5. Nifty  Future October  Open Interest is at 2.22 cores with liquidation of  20 Lakh in OI,long liquidation in NF.Rollovers have started in NF and 12 lakhs got rollovered from October Series.

6. Total F&O turnover was  at 1.67 lakh  Cores  with total contract traded at 2.40 lakh,  PCR at 0.94 and VIX  at 14.54,Cash market volumes dipped so our assumption on Thursday that higher cash volumes were sign of distribution proved right.

As per Volume Profile 5681 NF will act as Strong resistance and 5645 NF strong support.

7.  5800 CE  is having highest Open Interest of 1.07 Core with addition  of 12 lakhs in OI as Premium reduced  from  Rs 14 To Rs 4 ,5700 CE added 9 lakhs in OI after Bears were able to close nifty below  5700 .5400-6000 CE  added 7.6 lakhs in Open Interest.

8. 5600 PE is having highest Open Interest of 68 lakhs with liquidation of 19 lakhs in OI so 5600 is strong base for Nifty. 5700 PE saw a huge liquidation of 15 lakhs put writers were caught on wrong side as premium is almost doubled from Rs 30 to Rs 60 .5400-6000 PE  unwounded huge 46.7  lakhs in Open Interest,Can Bears capitalize on breaking 5618 tomorrow?

9. FII  bought 80.11 cores and DII  bought 112.6 cores in cash segment,INR closed at at 53.41 Live INR rate @ sold 25 cores in Stock Futures.

10. Nifty Futures Trend Deciding level is 5696(For Intraday Traders), Trend Changer at 5720 NF(For Positional Traders). (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).

Buy above 5686 Tgt 5712,5725,5737 and 5752

Sell below 5651 Tgt 5635,5618 and 5600 (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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