Nifty F&O Data analysis and trading view

Updated
Nifty
13558

FIIs Net sold 8803 Contracts worth Rs 811.83 Cr

Futures Data
- Retail participants squared off 49 Long Contracts & squared off 6.48K Short contracts
- FIIs squared off 2.34K Long Contracts and added 6.54K Short Contracts
- Pro traders added 1.10K Long contracts and exited 1.35K Short contracts

Call Option
- Retail participants added 1.28 Lakh Call Long Contracts & added 1.15 lakh Call Short contracts
- FIIs added 10.5 K Call Long Contracts and added 16.45 K Short Contracts
- Pro traders added 34.46 K Call Long contracts and added 40.81 K Call Short contracts

Put Option
- Retail participants added 1.28 lakh Put Long Contracts & added 1.30 lakh Short contracts
- FIIs added 8.53 K Put Long Contracts and squared off 118 Put Short Contracts
- Pro traders added 28.14 K Put Long contracts and added 35.74 K Put Short contracts

Nifty closed the day in green yesterday, however volumes were down 31.73% compared to the day before and Open Interest reduced slightly
Bank Nifty volumes were 28.85% lower compared to the day before.

FIIs are slowly exiting Long positions and retail participants are buy calls and puts in expectations of big movements. For any underlying to move, we need strong volumes, which is missing. These are signs of distribution happening.

In our previous post also we had highlighted a range bound movement scenario for markets. And that is precisely what we are seeing. Nifty yo-yoing between 13400-13600. If blue line is taken out, we might see another move towards 13400 - 13380 level.

If you are trading in Futures and Options, trading without proper analysis, you are more risk.

If you want to get detailed report on a daily basis, message in private

Best wishes

Do Hit the Like button and Follow....

Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- We do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
- The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
- Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or other damage arising from access to or use of data or information
Note
Prima Facie, looks like Support building up at 13450 as per Options data
Note
On 15th itself, we had suggested that support looks intact and lower range is shifting at least 50 points higher....

That was because we observed signs of Retail participants being more active in Put Options. And historical Data tells us that herd mentality seldom wins...

In fact in the last 2 days, we have seen retail participants buying more Put options in expectation of big fall...

And we all know where the index has gone...

Still want to trade on Hope and Luck???
Note
9:55am
Nifty 13708

Prima facie Nifty today's closing looks likely to be above 13650

I would avoid buying Put options
Note
9:58am

Probable Nifty range for today

13765 on the upside

13658 on the lower side
Beyond Technical AnalysisCALLfuturesNIFTYoptionputstrategyTrend Analysis

Also on:

Related publications

Disclaimer