Nifty takes support near gann arc,FII FnO Data Analysis

By | November 14, 2015 6:33 pm


  • FII’s sold 21.9 K contract of Index Future worth 1249 cores ,10.3 K Long contract were liquidated by FII’s and 11.9 K  short contracts  were added by FII’s. Net Open Interest increased  by 1.6 K contract, so today’s fall  in market was used by FII’s to exit long and add shorts in  Index futures  Do you want to be a trader ?
  • As discussed in  Last analysis , Nifty has formed double bottom, which got invalidated on Friday as the nify broke 7772 and continue with its correction, Nifty has corrected 606 points in 14 trading session.Such big falls are also accustomed by fast and furious short covering rallies, Bulls need to close above 7767 for move towards 7820/7885/7995 and bears any close below 7730 and below green gan arc can see fall till 7630/7539 odd levels.  Bank Nifty bounces again from gann arc,EOD Analysis

Nifty Gunner


  • Nifty November Future Open Interest Volume is at 1.75  core with liquidation of 0.81 Lakh with increase in CoC suggesting short position were closed today.NF closed below the  Rollover cost @8294
  • Total Future & Option trading volume was   at 1.74  Lakh core with total contract traded at 1.13 lakh so increase in lot size showing effect on volumes, PCR @0.74. Live SGX Nifty chart from 6:30-11:30
  • 8200  CE  OI at 73.3 lakh , wall of resistance @ 8200 .7800/8200 CE  added 13.1 lakh in OI so bears adding aggressive position at higher levels.FII bought 10.7 K CE longs and 12.8 K CE were shorted by them.Retail bought 29.3 K CE contracts and 11.7 K CE were shorted were by them.
  • 7700 PE OI@ 58.3 lakhs  strong base @ 7700. 7500/7900 PE  liquidated 0.82 lakh so bulls finally giving up and no major addition was seen after long days .FII bought 18 K PE longs and 2.1 K shorted PE were covered by them .Retail bought 1.4 K PE contracts and 10.8 K  PE were shorted  by them.FII going with bearish bias from start of series and effect is showing with rise we are seeing equal selling.
  • FII’s sold 746 cores in Equity and DII’s bought 71  cores in cash segment.INR closed at 66.1.


Buy above 7757 Tgt 7781,7800 and 7825 (Nifty Spot Levels)

Sell below 7712 Tgt 7690,7650 and 7620 (Nifty Spot Levels)

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6 thoughts on “Nifty takes support near gann arc,FII FnO Data Analysis


    Sir, It will be great if you can educate us throUgh your write up on interpretation of OPTION CHAIN considering the factors like OI, Volume etc.


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