Nifty held on to its 50 SMA,FII FnO Data Analysis

By | April 17, 2015 6:58 am
9 Comments

FII

  • FII’s sold 43.9 K contract of Index Future worth 1071 cores,3.4 K Long contract were squared off  FII’s and 40.5 K short contracts  were added by FII’s. Net Open Interest increased  by 37 K contract.Holy Grail for Successful trading
  •  Nifty continued forming lower low but closed above its 50 SMA, Nifty took support at 135 degree line as per pyrapoint analysis also held on to its 200 HEMA.

NIFTY - Pyrapoint

nifty hourly

  • Total Future & Option trading volume was   at 2.74  core with total contract traded at 5.4 lakh. PCR @0.91 suggesting sentiments is turned neutral.
  • 9000  CE  OI at 55.9 lakh , wall of resistance @ 9000 .8700/8900 CE saw addition of 17.3  lakhs ,so  bears who added aggressively in and added 30 lakh in past 2 trading session. FII bought 6.1 K  CE longs and 4 K shorted  CE  were covered by them.
  • 8600 PE OI@ 46.7  lakhs so strong base @ 8600.  8700/8900 PE liquidated 14.6  lakh so bulls still holding  38 lakh  added in 4 days, still no panic in bull camp.  FII bought 102K PE longs and 1.4 K shorted  PE  were covered by them.

OI

  • FII’s sold 214 cores  in Equity and bought 432 cores in cash segment.INR closed at 62.3.

 

Buy above 8710 Tgt 8725,8760 and 8800 (Nifty Spot Levels)

Sell below 8680 Tgt 8660,8648 and 8615 (Nifty Spot Levels)

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9 thoughts on “Nifty held on to its 50 SMA,FII FnO Data Analysis”

  2. sandip

    Bramesh sir u have idea of any comodity like a base matel . anergy . if u have tn plzz provd ..plz

    Reply ↓
  3. Raghavendrachar Jois

    Thanks a lot Bramesh bhai.

    On the other hand many a times we see it goes in sell mode with gap down, may be it hits one or two targets and later recovers and goes above the buy level, should we reverse the trade?

    Reply ↓
  4. Raghavendrachar Jois

    Bramesh Bhai, GM,

    Your Nifty levels say Sell below 8680 and buy above 8710, current level is @ 8653, already passed 1 st target, can we sell now? or wait again for 8680? or sell @ 8660 with 8680 as S/L? Great levels and it just following your predicted path. Congrats.

    Reply ↓
    1. Bramesh Post author

      You need to trade as per plan. You do not board a running bus.

      No Levels = No trade.

      Rgds,
      Bramesh

      Reply ↓

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