Nifty forms Morning Star pattern, FII FnO Data Analysis

By | June 11, 2015 12:03 am


  • FII’s bought 2.5 K contract of Index Future worth 32 cores ,17.8  K Long contract were liquidated  by FII’s and 20.3  K  short contracts  were squared off by FII’s. Net Open Interest decreased  by 38K contract, so todays rise was backed by short covering, no fresh long addition was seen by FII’s. Types of Confidence in Trading  Why Adani Enterprises Shares Crashed ?
  • This is what we discussed yesterday  Nifty has been holding the gann 1×1 line also we are at crossover of grey and red line which generally give fast moves, so if 7997 is broken we can see a fast downmove till 7910 odd levels holding the same relief rally till 8200 can be seen in next few days. Time Ananlysis suggests big move is round the corner. Gann Time Analysis with Gunner helped us to be prepared for Big rise which came in today. As per Pyrapoint Analysis 8178/8228 is zone of resistance and price action near this range should be closely watched for further signal.

Nifty Gunner

NIFTY - Pyrapoint

  • Nifty June Future Open Interest Volume is at 1.54 core with liquidation of 9 Lakh, with decrease in CoC suggesting longs have been closed .
  • Total Future & Option trading volume was   at 1.88 core with total contract traded at 5.5 lakh. PCR @1 jumped from oversold zone.
  • 8500  CE  OI at 50.5 lakh , wall of resistance @ 8500 .8100/8400 CE liquidated 7.4 lakh  ,so  bears liquidated on partial basis and no major liquidation seen still holding 93 lakh in open position. FII bought 19.7 K  CE longs and 16 K CE  were shorted   by them.Retail sold bought 0.75 lakh CE contracts.
  • 8000 PE OI@ 47  lakhs so strong base @ 8000.  8100/8500 PE added 1  lakh so bulls still did not add major longs in 100 point rise , suggesting fear in bull camp  , Holding just 11 lakh open position. FII bought 53.9 K PE longs and 2.9 K PE were shorted  by them.
  • FII’s sold 482 cores   in Equity and DII’s bought 788 cores in cash segment.INR closed at 63.84.


Buy above 8153 Tgt 8176,8200 and 8228 (Nifty Spot Levels)

Sell below 8099 Tgt 8070,8048 and 8020(Nifty Spot Levels)


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9 thoughts on “Nifty forms Morning Star pattern, FII FnO Data Analysis

  1. milanhbk

    hello sir,
    modi govt. anniversary is over, modi magic is no more.

    is nifty going towards 7600 level ?

    can you say anything about this now ?

    are investors turning into chinese market ?

  2. jeejo raveendran

    Yesterday’s nifty ‘s rise was only a technical short covering rise by traders only for a further fall below 8000 going on . yesterday’s nifty rise was only a trap laid by traders for taking advantage of psychological support present there.

  3. Ashwani Kataria

    Very perfect sir….
    Buy Nifty above 8153… ( it hardly held at that level for 3 min. )
    sell below 8099….

    Perfect ….
    Thank you

  4. rajesh

    “Nifty Futures Trend Deciding level is 8105” whereas for Nifty spot your reco is “Buy above 8153”. It looks confusing. Are spot levels expected to be higher by around 50 points instead of lower/equal/marginally higher by few points.

    1. Bramesh Post author

      Follow 1 levels, there are many traders who trade based on TD levels.


      1. rajesh

        “Follow 1 levels, there are many traders who trade based on TD levels.”
        Of course, what you suggest is very practical.
        I am only trying to corelate Nifty- Spot and Future to be able to form aunified picture of probable movements.


  5. pujan

    Great big move we see with your great analysis.
    levels are required sir. If possible plz produce.


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