Tag Archives: F&O turnover

Nifty Outlook & FII Derivative Data – 10 October’2012

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The Bse Index Shuts at 18794 up 85 points from its Previous Close or +0.45%. The Nse Index Shuts at 5705 up 29 Points from its Previous Close or +0.50%.

  • Daily Chart Indicates Nifty closed 5690 which suggest reversal signal. On daily chart Rsi & Cci given reversal buy signal while macd is at down side break out. Trend and momentum is bullish on end of day chart for Nifty.

FII Derivative Data:

  • FII bought 2375 Contracts of Index Future, worth -6.88 cores with net OI increasing by 8405 contracts. As FII were buyers but net amount came as negative which means FII sold in Opening and bought at the far end of session. Consider the following example Sell 9 unit at Rs 7 and Buy 10 Unit at 6 so net units comes as 1 and value comes to Rs-4.
  • Nifty Future was up by 22 points and Open Interest in Index Futures increased by 8405, so FII have booked profits in shorts in Nifty and Bank Nifty Futures. Fresh longs have not been created as nifty is moving in sideways zone after big rally from 5200-5800.
  • Nifty Spot closed at 5705 after making a high of 5729 and unable to move above the previous swing low of 5740 which shows it was a fake breakout above 5740. Gap filling of 5650-5683 has started and gap of 5650 did not got filled today, but should be filled in this week as per gap theory.
  • Resistance for Nifty has come up to 5715 and 5730 which needs to be watched closely ,Support now exists at 5678 and 5650 .Trend is Sell on Rise till 5752 is not broken on closing basis.
  • Nifty Future October Open Interest is at 2.62 cores with unwinding of 0.30 Lakh in OI, Shorts did profit booking in Nifty future.
  • F&O turnover was at 1.12 lakh Cores with total contract traded at 2.17 lakh, PCR at 1.04 and VIX at 16.80, VIX is also trading at its lower end of range and a up move till 18.5-19 is on cards.
  • 5800 CALL  is having highest Open Interest of 73 lakhs with fresh addition of 3.1 lakhs in OI and Premium at 41.6000 CE Open Interest at 70 is second highest  lakhs,  and  6100 calls got unwounded today as premium moved from 8 to rs 2 .5400-6100 CE  added 5.9 lakhs in Open Interest.
  • 5600 PUT is having highest Open Interest of 64 lakhs with addition of 3.2 lakhs in OI and premium at 31.5, Bulls were just able to defend 5700 with addition of 2.9 lakhs. 5400-6100 PE added 8.3 lakhs in Open Interest.
  • FII bought 613.98 cores and DII sold 430.60 cores in cash segment, INR closed at at 52.54.FII sold 87 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5698(For Intraday Traders), Trend Changer at 5748 NF(For Positional Traders). (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand). We have done 2 successful trades in past 2 days with trend changer level each 50 points..
  • 5 DMA at 5729
  • 20 DMA at 5619
  • 50 DMA at 5424
  • 200 DMA at 5209
  • 5 Days Relative Strengthen Index at 52 and 14 Days Relative Strengthen Index at 63 Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5711 and above the level marks the track point at 5733 later zipper levels at 5755 marks.

Nifty Support at It has the First support close to the level 5688 and below the level marks the track point at 5666 later zipper levels at 5622 marks.

Nifty Future Momentum Call for 10 Oct’2012:

Buy Nifty Future above 5733 sl 5711 Tgt 5755-5777 {Or} Sell Below 5711 sl 5733 Tgt 5688-5666

Bank Nifty Future Momentum Call for 10 Oct’2012:

Buy Above 11535 sl 11488 Tgt 1575-11625 {Or} Sell Below 11444 sl 11488 Tgt 11355-11266

Nifty Future & FII Derivative Data – 13 September’2012

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  • Nifty Future made a fresh September series high today at 5453. IIP data came at 0.1 which is as per market expectation. Another important Global event German Court gave in favor of using ESM and Germany Can Ratify ESM Fund with Conditions so nothing is stopping Bulls. Always remember hot money chase the momentum and in liquidity driven rally fundamental will take the back seat. So do not waste your time in finding top and bottom, Stay with trend and mint money.
  • Top Nse India Gainers were: Tata Motors, LT, Jindal Steel and Tata Steel.
  • Top Nse India Losers Were: Siemens, Cipla, Ntpc and Bhel.

FII Derivative Data:

  • FII bought 18249 Contracts of Index Future, worth 437.39 cores  with net OI increasing by 13123 contracts.
  • As Nifty Future was up by 42 points and OI has increased by 13123, FII have imitated fresh long in Nifty and Bank Nifty Future. Momentum is on higher side and weakness is still not present in Nifty Future.
  • Nifty Spot closed at 5431 after making a high of 5436. Sensex has made a fresh 7 month high ie. 18012 so now its Nifty turn to break 5450.We have big gap from 5217-5309 formed on Friday and it’s been 5 days Bulls are able to defend the higher levels, Nifty continue to march higher after Monday consolidation. Also be noted Nifty has given highest close of 5331 on closing basis after it made the low of 4770
  • Resistance for Nifty has come up to 5450 and 5462 which needs to be watched closely ,Support now exists at 5424 and 5395 .Trend is Buy on Dips till 5339 is not broken on closing basis.
  • Nifty September OI is at 1.84 cores with a fresh addition of 5.5 Lakh in OI, long addition is seen in Nifty future.
  • Total F&O turnover was  1.16 lakh  Cores  with total contract traded at  2.18  lakh.PCR at 1.03 and VIX 15.03.Cash volumes show a jumped of 10% showing rise is backed by deliveries in Stocks.
  • 5600 CE  is having highest OI of 83 lakhs with an addition of 6 lakhs in OI.5500 CE is having second highest OI at  OI at 78  lakhs, Immediate resistance is at 5500 CE. 5000-5600 CE saw an unwinding of 2.6 lakhs in OI. So Bulls are all over the place.
  • 5300 PE added another 9 lakhs so 5300  and 5400 PE added huge 14 lakh, Bulls want to make the 5400 as base for the rest of September series.5000-5600 PE added  huge 29 lakhs in Open Interest so bulls are cementing ground for 5400 tomorrow. Now Bulls need to defend the 5400 base for rest of week.
  • FII bought 451 cores and DII sold 55.76 cores in cash segment, INR closed at 55.3. FII has bought 2ooo cores in cash market.
  • Nifty Futures Trend Deciding level is 5384, Trend Changer at 5324 NF. (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5353
  • 20 DMA at 5341
  • 50 DMA at 5281
  • 200 DMA at 5138
  • 5 Days Relative Strengthen Index at 80 and 14 Days Relative Strengthen Index at 64. Indicates Nifty placed in BULLISH Zone.

Nifty Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5444 and above the level marks the track point at 5466 later zipper levels at 5488 marks.

Support at It has the first support close to the level of 5422 and below this level mark next support is seen at 5400 later dipping levels near 5377 marks.

Nifty Future Call for 13 Sep’2012:

Nifty Future Momentum Call – Buy above 5466 sl 5444 Tgt 5488-5511 {Or} Sell Below 5422 sl 5444 Tgt 5400-5377.

Bank Nifty Momentum Call for 13 Sep’2012:

Buy above 10266 sl 10222 Tgt 10311-10355 {Or} Sell below 10177 sl 10222 Tgt 10133-10088.

Nifty out Look & FII Data – 17 August’2012

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The Bse Index Closes on Thursday at 17657 down 71 Points or -0.40% and the Nifty fasten store at 5363, down 17 points from the previous close or -0.32%. The CNX Midcap index was down 0.2% while the BSE Small cap index gains 0.3% in Yesterdays Trade. The market breadth was negative with advances at 645against declines of 798 on the NSE.

The markets trade in a tapered range in yesterday and closed with temperate declines. FMCG, metal, consumer durables and banking were the biggest laggards in yesterday’s session while capital goods, oil & gas and auto gained drastically.

Nse India Top Gainers in Yesterday’s Trade: Idfc, Hero Moto corp, Ranbaxy and M&M

Nse India Top Losers in Yesterday’s Trade: Itc, Ster, Hindalco and Sesa Goa.

Stock Cipher:

  • Kingfisher Airlines has started paying the overdue salary to some employees. The March salary payment to ground staff and cabin crew has begun.
  • Orchid Chemicals Q1FY13 YoY net loss at Rs.51 cr vs profit of Rs.15.5 cr; net sales at Rs.315.6 cr vs Rs.373.8 cr.
  • Alok Industries is planning to shut 45 out of the 137 exclusive retail outlets next month.
  • Jain Irrigation Q1FY13 (YoY) net loss at Rs.16.8 cr vs profit of Rs.82.4 cr; net sales at Rs.848.6 cr vs Rs.931.3 cr.
  • Reliance Industries has proposed to drill exploration well in KG’ D6 block at own cost..
  • GVK Power has dropped the plan to develop SEZ in Tamil Nadu. The company has deferred work on seaport venture in Gujarat.
  • Oriental Bank of Commerce has cut the base rate by 10 bps to 10.40%.
  • Jet fuel prices have been hiked by over 3.2%.
  • Infosys visa case trial has been pushed to September 17 as judge seeks more time. The trial was to come up on August 20.
  • Wockhardt will be launching generic version of clot-buster drug Plavix in US.

 FII DERIVATIVES DATA

 

 

  • FII sold 501 Contracts of Nifty, worth 14 cores with net OI increasing by 3799 contracts.
  • As Nifty Future was down by 25 points and OI has increased by 3799, FII have booked profits in longs in Index futures. Also be aware that today closing on NF is first double digits losses in August series.
  • Nifty Spot closed at 5363 after making a high of 5390,as said in Weekly analysis 5386 will be an important level as its 100 WSMA .As discussed earlier the range of 5350-80 is supply zone, cannot be broken in single attempt.
  • Resistance for Nifty has come up to 5390 and 5400 (as  its swing high in Oct 2011) which needs to be watched closely ,Support now exists at 5340 and 5319 .Trend is still buy on Dips till 5238 is not broken on closing basis. We have weekly closing tomorrow and close above 5319 will keep weekly in uptrend
  • Nifty August OI is at 2.58 cores with an unwinding of 1.19 Lakh in OI, longs were liquidated by Retailers and HNI.As OI figure saw an unwinding of 1.19 lakhs i expect some good move tomorrow. We have a long weekend ahead as Monday is a Holiday on eve of EID.
  • Total F&O turnover was 0.86 lakh Cores with total contract traded at 1.58 lakh lowest in 2012. These were increase of 10% in cash market volumes which indicates distribution by smart money on higher levels.
  • 5300 CE also saw an addition of 1.11  lakhs with total OI now standing at 38 lakhs (Smart bears writing calls) ,5400 CE saw an  addition  of 3.3  lakhs and total OI stands at 65 lakhs making immediate ceiling for market,  5500 CE still having  highest OI of 92 lakhs,  , 5000-5600 CE saw an addition of 10 lakhs in OI suggesting  bears have have started getting warmed up.
  • On Put side 5000 PE saw an addition of 0.7 lakhs, strong support of Nifty as total OI at 1.02 core.5000-5500 PE unwounded total of 0.90 lakhs in OI.5300 PE added 0.36 lakh in OI and having the OI at 86 lakhs which suggests traders are getting confident that 5300 will not break in near term and immediate support in any pullback.
  • FII bought 95 cores and DII bought 225 cores in cash segment.INR closed at 55.71. FII has sold 341 cores in stock futures.
  • Nifty Futures Trend Deciding level is 5390, Trend Changer at 5290 NIFTY (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5347
  • 20 DMA at 5238
  • 50 DMA at 5205
  • 200 DMA at 5115
  • 5-Days Relative Strength Index at 71
  • 14-Days Relative Strength Index at 64. It Indicates Nifty Placed in BULLISH precinct.

NIFTY: RESISTANCE @ It has the First resistance close to the level 5377 and above the level marks the track point at 5400 later zooper levels at 5444 marks.

SUPPORT@ It has the first support close to the level of 5355 and below this level mark next support is seen at 5333 later dipping levels near 5311 marks.

NIFTY FUT MOMENTUM CALLS FOR 17 Aug’2012:

Buy Nifty August Future above 5400 Sl 5377 Tgt 5422-5444 {Or} Sell Nifty August Future below 5355 Sl 5377 Tgt 5333-5311.

Nifty Out Look & FII Derivatives Data – 09 August’2012

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The Bse Index Closes on Wednesday at 17601 down 1 Points or -0.01% and the Nifty fasten store at 5338, up 1 points from the previous close or +0.02%. The CNX Midcap index was up 0.3% while the BSE Small cap index gains 0.4% in Yesterdays Trade. The market breadth was negative with advances at 582 against declines of 873 on the NSE.

It was an impulsive session in the markets today with both benchmark indices closing flat after on the brink both ways. Realty, banking and capital goods were the biggest losers in today’s session while auto and metal closed with noteworthy gains.

Nifty Top Gainers in Yesterday’s Trade: M&M, Bpcl, Hindalco and Grasim

Nifty Top Losers in Yesterday’s Trade: Bharati, Gail, Dlf and Pnb.

 Stock Cipher:

  • VIP Industries Q1FY13 YoY net profit at Rs.23.5 cr vs Rs.38.4 cr; net sales at Rs.301.7 cr vs Rs.279.2 cr.
  • Bharti Airtel Q1 net profit at Rs 762.2 cr vs Rs 1006 cr (QoQ); net sales at Rs 19,350.1 cr vs Rs 18729.4 cr (QoQ).
  • Punj Lloyd Q1FY13 consolidated YoY net loss at Rs.13.4 cr vs loss of Rs.12.2 cr; net Sales at Rs.2,707 cr vs Rs.2,248.3 cr.
  • Sobha Developers Q1FY13 consolidated QoQ net profit at Rs.45 cr Vs Rs.96.8 cr; net sales at Rs.432 cr Rs.522 cr.
  • Bombay Dyeing Q1FY13 YoY loss at Rs.27.5 cr vs loss of Rs.40 cr; revenue at Rs.487 cr vs Rs 403 cr.
  • Veritas has advised to sell all Indiabulls Group stocks.
  • Bharti Airtel is planning offer for sale in Bharti Infratel. The company might sell 10% in Bharti Infratel via offer for sale. The board will take a call on Bharti Infratel listing.
  • Alembic Pharma is in product development and license agreement with Accu-Break. Accu-Break is a US-based pharma company.
  • Supreme Court has adjourned Essar Oil Sales Tax case to August 23.
  • Strides Arcolab has got US FDA nod for Oxaliplatin Injection. The company will launch Oxaliplatin Injection through Pfizer.
  • Kingfisher Airlines has cancelled 31 flights from Delhi and Mumbai due to employee strike.
  • Jet Airways finally decides to return plot in BKC; MMRDA may slap Rs 350 cr fine.
  • GVK Power Q1 cons net loss at Rs 64.3 cr Vs profit of Rs 58.9 cr (YoY); cons net sales at Rs 818.6 cr Vs Rs 612.3 cr (YoY).
  • Chambal Fertilisers Q1 net profit at Rs 77 cr Vs Rs 63.7 cr (YoY); total income Rs 1,364.4 cr Vs Rs 1,164.4 cr (YoY). Other Income at Rs 17.5 cr Vs Rs 30.4 cr (YoY).
  • Mahindra and Mahindra Q1 net profit at Rs 726 cr vs Rs 604.9 cr (YoY); net sales at Rs 9248 cr vs Rs 6628 cr (YoY). Other income at Rs 60 cr vs Rs 55 cr (YoY).
  • Oil India Q1 net profit at Rs 930 cr Vs Rs 849.6 cr (YoY); Total Income at Rs 2,440 cr Vs Rs 2,366.1 cr (YoY).
  • ABB Q2 net profit at Rs 51.6 cr Vs Rs 38.7 cr (YoY); net sales Rs 1,860 cr Vs Rs 1,693 cr (YoY)
  • Aban Offshore Q1 net profit at Rs 52 cr Vs Rs 88.6 cr (YoY); net sales at Rs 850 cr Rs 731.3 cr (YoY)
  • Rahul Dhir steps down as MD & CEO of Cairn India w.e.f. August 31. He steps down to pursue his entrepreneurial interests. P Elango will be appointed as Interim CEO of the company.

FII DERIVATIVES DATA

  • FII bought 28568 contracts of Nifty worth Rs. 709.97 Crores with Net Open Interest increasing by 11204 contracts.
  • As Nifty Futures up by 7 Points and OI has increased by 11204 contracts logically means FII have added longs in Index Future, but the data sheet says they have started exiting longs and started booking profits in long terms.
  • NF closed at 5338 after making high of farming a Gravestone Doji candle stick. This shows the inability of bulls to further push up prices. As mentioned earlier the range of 5350-5380 is a supply zone. Cannot be broken in a single attempt. Bulls tried today and failed. Tomorrow we have the IIP data and market can moves wild if data is not supportive
  • In 9 days of august OI Nifty Future has closely positive in all days expect  2 August, so such the power of liquidity drive rally. FII have added net 144640 in Open Interest when Nifty has moved 231 Points.
  • Nifty August OI is at 2.36 Crores with an additional of 4.73 Lakhs in OI, longs were again added.
  • Total F&O turnover was 1.5 lakh Crores with total contract traded at 2.6 lakhs
  • FII bought 1114 Crores and DII sold 794 Crores in cash segment. INR closes at 55.54

The Level 5333-77 has lot of Resistance. So some more time consolidation needed to jump over this level Bulls can seen close above 5377 if results and Data’s favor them. They can start journey to 5511.

On lower Side 5288 and 5244 are Next Steps. 5155 is most important support for bulls. A close below 5155 can lead Nifty towards 5066 and 4977.

Last Close at 5331 down 4 points, Last High at 5377 Low at 5331, Weekly High at 5377 and low at 5129 and 5 DMA at 5280, 20 DMA at 5204, 50 DMA at 5160 and 200 DMA at 5109.

5-Days Relative Strength Index at 80 and 14-Days Relative Strength Index at 63. It Indicates Nifty Placed in BULLISH precinct.

NIFTY: RESISTANCE @ It has the First resistance close to the level 5355 and above the level marks the track point at 5377 later zooper levels at 5400 marks.

SUPPORT@ It has the first support close to the level of 5311 and below this level mark next support is seen at 5288 later dipping levels near 5244 marks.

NIFTY FUT MOMENTUM CALLS FOR 09 Aug’2012:

Buy Nifty August Future above 5355 Sl 5311 Tgt 5377-5399 {Or} Sell Nifty August Future below 5311 Sl 5333 Tgt 5288-5266.