Nifty 09th July Futures & Options data analysis

FII DII Activity in Cash Segment (in Rs Crores)

Category Date Buy Value Sell Value Net Value
FII/FPI 09-Jul-2019 4334.19 5008.45 -674.26

Category Date Buy Value Sell Value Net Value
DII 09-Jul-2019 4545.33 3834.42 710.91


Derivatives analysis

FIIs Net Sold 17.1K contracts of Index Futures worth Rs 1469.23 Cr on 9th July 2019.



5.56K Long contracts were added in Index Futures and 22.7K Short contracts were added by FIIs.

Retail traders have added 312 contract in Long position and squared off 15.4K contract in Short Position

FIIs have used the initial dip to buy and add more short positions at higher level... retail traders have used the day to square off their Short positions

On the Options front

Call Option
FIIs bought 9.2K Call Option contracts and 12.5K contracts were shorted by them

Retail traders bought 46.1K Call Option contracts and 38.9K contracts were shorted by them


Put option
FIIs bought 13.7K Put Option contracts and 2K Short contracts were squared off by them

Retail traders added 74.6K Put option contracts and 70.9K contracts were shorted by them


FIIs have played light on Options. Retail traders have a net neutral stance

Important levels...

Yesterday Nifty opened gap down at 11531 very close to 1st support level and once that was taken out it quickly fell another 70 points making a low of 11461. It recovered from there making a high of 11582 however it did not cross the 1st resistance

For today

Resistance at 11592 / 11620 / 11657 / 11770

Support at 11522 / 11430 / 11280

Take care & safe trading…!!!

Comment:

Nifty has turned down exactly from 1st resistance zone. (high of 11593 so far)

Current F&O data analysis is indicating Nifty F&O 11 July expiry which will be tomorrow; might well be below 11600

Take care & Safe trading...!!!

Comment:

Resistance is building up further at 11550-11580 zone itself...