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Nifty 08th July FNO Data Analysis

Short
NSE:NIFTY   Nifty 50 Index
FII DII Activity in Cash Segment (in Rs Crores)



FII/FPI 08-Jul-2019 -401.99


DII 08-Jul-2019 321.13


Derivatives analysis

FIIs Net Sold 31.8K contracts of Index Futures worth Rs 2901.96 Cr on 8th July 2019.

Nifty opened gap down at 11770 (that also being the high point) and continued its downward movement throughout the day. Pullbacks barely managed a 20 point rally on a 15 minute chart strongly suggesting FIIs used the day to exit from Long contracts and add short positions aggressively.

11.3K Long contracts were squared off and 20.5K Short contracts were added by FIIs.

Retail traders have added 9.6K contract in Long position and squared off 6.5K contract in Short Position

On the Options front
Call Option
FIIs bought 19.5K Call Option contracts and 10.5K contracts were shorted by them

Retail traders bought 2.63Lakh Call Option contracts and 1.46Lakh contracts were shorted by them


Put option
FIIs bought 26.7K Put Option contracts and 6.34K contracts were squared off by them

Retail traders squared off 17.9K Put option contracts and 10.5K contracts were shorted by them


FIIs have played light on the Options front but Retail traders have been aggressive on the Long side strategy.

For 09 July


Resistance at 11592 / 11620 / 11657 / 11770

Support at 11522 / 11430 / 11280

Take care & safe trading…!!!


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