FII FnO Data Analysis for 01 Dec

• FII’s bought 77.3 K contract of Index Future worth 1933 cores, 65.4 K Long contract were added  by FII’s and 11.9 K short contracts  were squared  off by FII’s. Net Open Interest increased  by 53.4 K contract ,so FII’s added long in Index Futures highest amount in recent times and squared off shorts. FII’s are holding just 29.9 K contracts of shorts lowest in 2014.

• Nifty continued with its bull run, Traders who followed our  of 100 point correction Theory as discussed in previous post  should have rewarded handsomely today. Below is the Monthly chart of Nifty its observed only 1 month December has given negative return, rest all months from 2004 has been positive in range of 2-5%, so the much sacroscant figure of 9000 which is just away 410 points or 5% can very well come in this month of December. Please note based on this analysis please do not buy Call Options.

• Nifty Future December Open Interest Volume is at 2.22 core with addition of 12.7 lakh in OI suggesting long addition.
  

• Total Future & Option trading volume was   at 1.57 lakh core with total contract traded at 3.9 lakh. PCR @1.10, PCR suggesting trending moves ahead.

• 8500  CE  OI at 46.9 when NF is trading well above 8500 suggesting CE writers are holding on to positions and if NF moves above 8670 unwinding will start happening. 8800/8900 CE saw addition of 26.5 lakh   suggesting speculative buying before RBI event.
  

• 8500 PE OI@ 42 lakhs so strong base @ 8500  . 8600 PE added 12.8 lakh in OI so base building happening @8600 and will become base in next few days.
  

• FII’s bought 935  cores in Equity and DII sold 439cores in cash segment.INR closed at 62.2
  

• Nifty Futures Trend Deciding level is 8642 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 8588 and BNF Trend Deciding Level 18605 (For Intraday Traders) BNF Trend Changer Level (Positional Traders) 18360 .How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level . 
  

 

Buy above 8615 Tgt 8631,8674 and 8700 (Nifty Spot Levels)

Sell below 8570 Tgt 8530,8516 and 8494(Nifty Spot Levels)

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