FII Activity 1st September 2016

FII Activity 1st September 2016 – Daily Cash segment summary

FII’s: – 301.51 Crores

DII’s: + 308.61 Crores

FII Activity 1st September 2016 – Daily Derivative Segment:

Index Futures: + 363.7 Crores

Index Options:  + 805.92 Crores

Stock Futures: – 405.1 Crores

Stock Options: + 17.59 Crores

FII Activity September 2016 Series – Summary Cash

FII’s: + 1571.08 Crores

DII’s: + 1392.06 Crores

FII Activity September 2016 Series – Summary Derivative

Index Futures: + 6407.52 Crores

Index Options:  + 3521.97 Crores

Stock Futures: – 400.96 Crores

Stock Options: + 190.47 Crores

FII Activity 28th August 2015

FII Activity 28th August 2015 – Summary Cash segment
FII’s: + 56.41 Crores
DII’s: + 847.43 Crores
FII Activity 28th August 2015 – Summary Derivative Segment:
Index Futures: + 2512.12 Crores
Index Options: + 2978.31 Crores
Stock Futures: + 431.52 Crores
Stock Options: + 40.32 Crores
Data is taken from the NSE Website

Nifty Outlook..

Nifty Daily chart..resistance at 8000

Fii Activity 27th August 2015

FII Activity 27th August 2015 – Summary Cash segment
FII’s: – 3347.35 Crores
DII’s: + 2577.06 Crores
FII Activity 27th August 2015 – Summary Derivative Segment:
Index Futures: + 1385.33 Crores
Index Options: + 276.05 Crores
Stock Futures: + 9.50 Crores
Stock Options: + 21.72 Crores
Data is taken from the NSE Website

Nifty Outlook

Market traded with volatility throughout the trading session. On the lower end price slipped below previous session’s low and made a low of 7777. On the higher end it found resistance below 7940 before closing near day’s low. On the lower end supports are pegged at 7722/7660. On the higher end resistances are pegged at 7850-7880/7940.

Nifty observation

After showing recovery type candlestick pattern in last session, Nifty was not able to show follow through upmove in today’s session and slipped into decline by around 88 points.
- Nifty opened today with negative note and moved up soon after the opening. It was not able to move above the initial resistance of 8950 levels and slipped into intraday decline. The downward momentum got accelerated during later part of session and Nifty closed the day near the low.
- The upper area of around 7930-40 levels are offering strong hurdle for the market (green dashed horizontal lines, as per the concept of change in polarity) over the last couple of sessions and the market is not really challenging that resistance area to move up. This is indicating instability and lack of strength to show pullback rally.
- Though Nifty declines today, the mid and small cap segment showed resilience during today’s falling market. The market sentiment was slightly in favor of bulls, as AD ratio stood just higher than 1:1 ratio. This is could be the only hopes for bulls to show some recovery from the lower levels for short term.
- Daily trend strength indicator like 13 period ADX has zoomed into 26 levels from the key lower levels around 10-12 levels. Normally upmove of ADX from near the key lower levels of 10-12 coincides with the beginning of sharp trended moves (as it happened previously) and currently, Nifty is demonstrating a sharp down trended move.
Conclusion & Strategy:
- The short term trend of Nifty continues to be negative and the strong overhead hurdle of around 7930 levels is pushing the index to the lower levels. Hence, there is a possibility further weakness in Nifty down to 7720-7700 levels for short term.

Market View

Today was a day of further correction in the market. Nifty and Bank Nifty both fell over 1%. While select high beta sectors did relatively well today, key sectors like Banking and Finance still lagged. Top performing sectors for the day were Metal, Auto, Infrastructure and FMCG whereas worst performing sectors were Consumption, Information Technology, Banking, Pharma and Finance. For the series, Pharma, IT, FMCG and Consumption continue to remain in control. Volatility in the market has shot up and intraday movements are no longer reliable. In the next 20 sessions, traders will encounter more gap up/gap down sessions rather than sustained low volatile intraday sessions. Both Nifty and Bank Nifty had formed lows on 25th and it seems today’s session was more in line of those low’s being tested. Its difficult to say whether recent lows will hold or not, but odds are certainly not in favor of low’s holding. Selling pressure is still high and there is no significant support emerging in the market. Since a lot depends on global factors, market will follow news flow emerging from China and U.S. fed meet. Fed meet outcome is more or less known given that it will be difficult for Fed to raise rates under such global market conditions. Nevertheless, volatility around the same will remain high. Tomorrow is expiry session and today rollover towards short side was visible. Major adjustment is going to happen tomorrow. Reference level for Bank Nifty is 17900. Reference level for Nifty is 8160.