Tag Archives: Nifty spot support

Nifty Future, F&O Turnover & FII Derivative Data – 09 October’2012

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The BSE Index Shuts at 18709 down 230 points from its Previous Close or -1.21%. The NSE Index Shuts at 5676 down 71 Points from its Previous Close or -1.23%.

  • Daily Chat Indicates Nifty closed below the weekly average of 5720 now bearing towards next support of monthly averages 5585-5413 of 3 months average.
  • In Friday Session Nifty daily Rsi & Cci both given sell signals and yesterday it given signal it slip towards below trend  average. Nifty still in short term uptrend but we seen and expecting correction rally only.

FII Derivative Data:

  • FII bought 8788 Contracts of Index Future, worth 228.74 cores with net OI increasing by 15070 contracts.
  • Nifty Future was down by 75 points and Open Interest in Index Futures increased by 15070, So FII has taken shorts in Nifty and Bank Nifty Futures.
  • Nifty Spot closed at 5676 and broke 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 should be filled by tomorrow.
  • Nifty Future October  Open Interest is at 2.63 cores with unwinding of 0.76 Lakh in OI, shorts did profit booking in Nifty future as we are down 150 points from the high of 5855. We have been discussing steep rise in OI till 2.64 cores and expected a correction which is materializing now. Hope traders were able to exit longs.
  • Total F&O turnover was  at 1.02 lakh  Cores  with total contract traded at  1.96 lakh, today we had a 77 point fall and number of contract traded are quiet less, so we can expect a bounce back if 5650 NS is not broken. PCR at 0.94 and VIX at 17.17, VIX is also trading at its lower end of range and a up move till 18.5-19 is on cards.
  • 6000 CE  is having highest Open Interest of 71 lakhs with fresh addition of 3.8 lakhs in OI.5800 CE Open Interest at 70 is second highest  lakhs, with fresh addition of 5.5 lakhs, and  6100 calls got unwounded today as premium moved from 8 to rs 3 .5400-6100 CE saw an unwinding of added 20 lakhs in Open Interest.
  • 5600 PE is having highest Open Interest of 60 lakhs with addition of 6.5 lakhs in OI,Bulls were unable to defend  5700 and unwounded 4.4 lakhs. 5400-6100 PE added just 5 lakhs in Open Interest. As discussed yesterday buying happening in 5800 PE premium moved from 92 to 133
  • FII bought 563.84 cores and DII sold 778 cores in cash segment, INR closed at  52.54. FII sold 433 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5683 (For Intraday Traders), Trend Changer at 5751 Nifty Future (For Positional Traders).
  • 5 DMA at 5732
  • 20 DMA at 5601
  • 50 DMA at 5412
  • 200 DMA at 5203
  • 5 Days Relative Strengthen Index at 44 and 14 Days Relative Strengthen Index at 61 Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5688 and above the level marks the track point at 5711 later zipper levels at 58755marks.

Nifty Support at It has the First support close to the level 5644 and below the level marks the track point at 5622 later zipper levels at 5600 marks.

Nifty Future Momentum Call for 09 Oct’2012:

Buy above 5711 sl 5688 Tgt 5730-5750 {Or} Sell Below 5666 sl 5688 Tgt 5644-5622

Bank Nifty Future Momentum Call for 09 Oct’2012:

Buy Above 11445 sl 11400 Tgt 11488-11433 {Or} Sell Below 11355 sl 11400 Tgt 11311-11266

Nifty Future Momentum Call & FII Derivative Outlook – 05 October’2012

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The Bse Index Shuts at 19058 up 189 points from its Previous Close or +1%. The Nse Index Shuts at 57187 up +57 Points from its Previous Close or +0.98%.

  • End of The Daily Chart Nifty Weekly average moved at 5715 below that monthly average at 5545. On Daily Chart rsi overbought with bullish divergence. Cci move above +100 with bullish cross over. Positional Nifty can touch 5960.

FII Derivative Data:

  • FII bought 24911 Contracts of Index Future, worth 714 cores with net OI decreasing by 1843 contracts.
  • Nifty Future was up by 57 points and Open Interest in Index Futures decreased by 1843, so FII have booked partial profits Index Future longs in Nifty and Bank Nifty Futures. Big Bang Reform 2might turns out to be Buy Rumor and Sell news kind of event.
  • Nifty Spot closed at 5787 after making a 18 month high of 5807 but unable to close above 5800 on closing basis, Bulls are in control of market as they have closed nifty above 5740 on closing basis .As discussed the double bottom effect at 5638 is showing up. Another gap has been created today from 5731-5751
  • Resistance for Nifty has come up to 5807 and 5838 which needs to be watched closely ,Support now exists at 5775 and 5745 .Trend is Buy on Dips till 5680 is not broken on closing basis.
  • Nifty Future October Open Interest is at 2.56 cores with a addition of 5 Lakh in OI, longs got added in Nifty future. Only point of Concern is the 2.56 Cores in OI with just 4 days into the October series, now this clearly shows overconfidence of Bulls. Most probably we will see a dip in market so that weak bulls are flushed out. So hold longs with strict stop loss.
  • Total F&O turnover was at 1.09 lakh Cores with total contract traded at 2.22 lakh. PCR at 0.94 and VIX at 16.44, VIX is also trading at its lower end of range and a up move till 18.5-19 is on cards.
  • 6000 CALL is having highest Open Interest of 60 lakhs with fresh addition of 0.50 lakhs in OI. 5900 CE Open Interest at 50 is second highest lakhs, with fresh addition of 3 lakhs.5800 CE saw an unwinding of 10 lakhs so bears were taken by surprise with Nifty above 5800 and ran for cover and 6100 CE also added 6.4 lakhs ,premium of Rs 8.7 in OI which suggests speculative activity have started in higher calls.5400-6100 CE saw an unwinding of added 6.7 lakhs in Open Interest.
  • 5700 PUT is having highest Open Interest of 55.8 lakhs with fresh addition of  7.2 lakhs in OI, Bulls want to make  5700 as base for starting of October Series.5800 PE added 13 lakhs in OI premium being 71 so bulls are now concentrating on 5800 PE. With small base in OI of 28 lakhs if tomorrow we see it coming towards 40 lakhs 5800 can act as base else bulls will need to run for cover as they are becoming overconfident. 5400-6100 PE added 27.9 lakhs in Open Interest.
  • FII bought 944 cores and DII sold 818 cores in cash segment, INR closed at at 51.83. FII sold 157.66 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5781(For Intraday Traders), Trend Changer at 5751 Nifty (For Positional Traders).
  • 5 DMA at 5718
  • 20 DMA at 5553
  • 50 DMA at 5389
  • 200 DMA at 5192
  • 5 Days Relative Strengthen Index at 87 and 14 Days Relative Strengthen Index at 76. Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 58003 and above the level marks the track point at 5844 later zipper levels at 5866 marks.

Support at It has the first support close to the level of 5755 and below this level mark next support is seen at 5733 later dipping levels near 56711 marks.

Nifty Future Momentum Call for 05 Oct’2012:

Buy above 5845 sl 5822 Tgt 5866-5888 {Or} Sell Below 5800 sl 5822 Tgt 5777-5755

Bank Nifty Future Momentum Call for 05 Oct’2012:

Buy above 11755 sl 11711 Tgt 11844-11933 {Or} Sell below 11666 sl 11711 Tgt 11622-11577.

Nifty Stock Index & FII Derivative Market Data – 03 October’2012

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The Bse Index Shuts at 18,824 up 62 points from its Previous Close or +0.33%. The Nse Index Shuts at 5719 up +16 Points from its Previous Close or +0.27%.

  • Top Nse Gainers were: JPASSOSIAT, AMBUJACEM, RELINFRA and INFY.
  • Top Nse Losers Were: DLF, BANKBARODA, BAJAJ-AUTO and PNB.

FII Derivative Data:

  • FII bought 3255 Contracts of Index Future, worth 94 cores with net OI increasing by 6544 contracts. SGX Nifty is trading at 5791 so another gap up on cards.
  • Nifty Future was up by 25 points and Open Interest in Index Futures increased by 6544,so  FII have initiated longs  in  Index Future longs in Nifty and Bank Nifty Futures.
  • Nifty Spot closed at 5719 after making a high of 5722 and unable to break 5740, Bulls are in control of market as they have closed nifty above 5700 on closing basis. Nifty has formed a double bottom at 5640 and it’s a bullish pattern, and we have seen a follow up action in past two trading session.
  • Resistance for Nifty has come up to 5740 and 5775 which needs to be watched closely ,Support now exists at 5700 and 5683 .Trend is Buy on Dips till 5636 is not broken on closing basis.
  • Nifty Future October Open Interest is at 2.42 cores with a addition of 6 Lakh in OI, longs got added in Nifty future. Rollovers range for NF comes at 5732-5670 and we have closed above the rollover range.
  • Overall F&O turnover was at 0.67 lakh Cores with total contract traded at new 52 week low of 1.2 lakh. PCR at 0.92 and VIX  at 16.34
  • Nifty 6000 CE  is having highest Open Interest of 52 lakhs with fresh addition of 6.4 lakhs in OI.5800 CE Open Interest at 49 is second highest  lakhs, with fresh addition of 7.2 lakhs. Nifty 5300-6000 CE added just 16.4 lakhs in Open Interest.
  • Nifty 5300 PE is having highest Open Interest of 50 lakhs with fresh addition of 0.83 lakhs in OI, Bulls want to make  5300 as base for October Series.5600 PE added 6.6 lakhs in OI so 5600 is the strong base emerging as per OI table. We need to watch closely the Open Interest in 5700 PE tomorrow opening  as of now OI is at 40 lakhs and if we can see an addition of 10-15 lakhs tomorrow we must be heading upwards , 5300-6000 PE added 21 lakhs in Open Interest.
  • FII bought 207.51 cores and DII sold 407.20 cores in cash segment, INR closed at at 53.7 FII sold 299 crores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5741(For Intraday Traders), Trend Changer at 5725 Nifty Future (For Positional Traders)
  • 5 DMA at 5682
  • 20 DMA at 5503
  • 50 DMA at 5367
  • 200 DMA at 5182
  • 5 Days Relative Strengthen Index at 78 and 14 Days Relative Strengthen Index at 73. Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5733 and above the level marks the track point at 5755 later zipper levels at 5799 marks.

Support at It has the first support close to the level of 5688 and below this level mark next support is seen at 5666 later dipping levels near 5644 marks.

Nifty Future Momentum Call for 03 Oct’2012:

Buy above 5777 sl 5755 Tgt 5799-5822 {Or} Sell Below 5733 sl 5755 Tgt 5711-5688

Bank Nifty Future Momentum Call for 03 Oct’2012:

Buy above 11555 sl 11511 Tgt 11600-11644 {Or} Sell below 11466 sl 11511 Tgt 11422-11377.

Stock Market Outlook for 26 September’2012 – Nifty, FII Derivative Data

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The BSE Index Shuts at 18,695 up 21 points from its Previous Close or +0.11%. The NSE Index Shuts at 5674 up +5 Points from its Previous Close or +0.08%.

  • Top Nse India Gainers were: Kotak Bank, Bhel, Hindunilvr and Cipla.
  • Top Nse India Losers Were: Jindal Steel, Cairn, Jp Ass and Ster.

FII Derivative Data:

  • FII bought 21938 Contracts of Index Future, worth 644.96 cores  with net OI increasing by Huge 96896 contracts.
  • Nifty Future was up by 1 points and Open Interest in Index Futures increased by 96896, FII created fresh longs Index Future longs in Nifty and Bank Nifty Futures. Also do note FII are basically doing lot of day trading in Index futures and rolling over their positions to next series.
  • Nifty Spot closed at 5674 after making a high of 5703 and unable to break 5720 for 2 day, Bulls are in control of market as they have defended 5648 as Nifty Spot made low of 5652 and bounced back. After big rise on Friday we had another session of consolidation today.
  • Resistance for Nifty has come up to 5700 and 5720 which needs to be watched closely ,Support now exists at 5648 and 5618 .Trend is Buy on Dips till 5570 is not broken on closing basis.
  • Nifty  Future September  Open Interest is at 1.92 cores with a unwinding  of 23 Lakh in OI, and all 23 lakhs got rollover to October Series. Rollovers have started in Nifty Futures with addition of 46 lakhs in October series. Fresh longs are created in October series.
  • Total F&O turnover was 1.91 lakh Cores with total contract traded at 2.90 lakh. PCR at 0.99 and VIX tanked 10% at 17.11.
  • 5800 CE is having highest Open Interest of 89 lakhs with fresh addition of 13 lakhs in OI.5700 CE Open Interest at 68 is second highest  lakhs, with unwinding of 2 lakhs. Immediate support is at 5648 as 5600 CE sheded another 4 lakhs as per Open Interest table.  5300-5900 CE unwounded just 0.18 lakhs in Open Interest.
  • 5600 PE unwounded 1.6 lakh in Open Interest total OI at 77 Lakhs,Bulls want to make  5600 as base for September Series.5700 PE added 4 lakhs in OI so we should see some good move ie. Break below 5648 or break above 5720 tomorrow. 5300-5900 PE unwounded 21 lakhs in Open Interest as major unwinding coming from 5500 PE. FII are booking profits in Puts written by them.FII  bought 5845 cores do note it includes the Bulk deal in Bayer Corp science and Cairn India  and DII  sold 1374 cores in cash segment, INR closed at 4 months high at 53.36 . FII sold 610 cores in Stock Futures.
  • Nifty Futures Trend Deciding level is 5452, Trend Changer at 5677 Nifty. (Above this Level Bulls will rule Nifty/Below this levels Bears have upper hand).
  • 5 DMA at 5638
  • 20 DMA at 5426
  • 50 DMA at 5329
  • 200 DMA at 5165
  • 5 Days Relative Strengthen Index at 76 and 14 Days Relative Strengthen Index at 72. Indicates Nifty placed in BULLISH Zone.

Nifty Spot Support & Resistance:

Nifty Resistance at It has the First resistance close to the level 5688 and above the level marks the track point at 5733 later zipper levels at 5755 marks.

Support at It has the first support close to the level of 5666 and below this level mark next support is seen at 5644 later dipping levels near 5622 marks.

Nifty Future Momentum Call for 26 Sep’2012:

Buy above 5711 sl 5688 Tgt 5733-5755 {Or} Sell Below 5666 sl 5688 Tgt 5644-5622.

Bank Nifty Future Momentum Call for 26 Sep’2012:

Buy above 11511 sl 11466 Tgt 11555-11600 {Or} Sell below 11422 sl 11646 Tgt 11377-11333.