FII Data Analysis for 29- Jan

• FIIs sold 546 contracts of Index Future (bought 22013 long contracts and 22559 short contracts were added) with net OI increasing by 44572 contracts at same time Nifty lost 9.6 points and closed at 6126.25 (Spot)  Vs. 6135.85 (Spot) previous close.

• As mentioned from last two reports FIIs creating shorts near to support zone and today on RBI policy nifty drag down till 6085.95 in intraday and bulls manage to recover somehow against bears. Today FIIs creates long as well as short positions.

• Nifty spot has resistance at 6165 – 6205 & support at 6085 – 6040. 

FII Data Analysis for 28- Jan

•  FIIs sold 17978 contracts of Index Future (sold 2662 long contracts and 15316 short contracts were added) with net OI increasing by 12654 contracts at same time Nifty lost 130.90 points and closed at 6135.85 (Spot)  Vs. 6266.75 (Spot) previous close.

• Now nifty at support zone FIIs built new short position & unwind long contracts so nifty drag down heavily.  Bears are on charge so some downside is expected from here.  

• Nifty spot has resistance at 6190 – 6240 & support at 6140 – 6070. 

FII Data Analysis for 27- Jan

• FIIs sold 30713 contracts of Index Future (sold 11443 long contracts and 18730 short contracts were added) with net OI increasing by 7287 contracts at same time Nifty lost 78.9 points and closed at 6266.75 (Spot)  Vs. 6345.65 (Spot) previous close.

• Near at resistance zone FIIs built some new short position & also unwind long contracts so nifty drag down heavily.  Bears ruling the war till now so some downside is expected from here.  

• Nifty spot has resistance at 6290 – 6330 & support at 6260 – 6220. 

FII Data Analysis for 24- Jan

• FIIs bought 3674 contracts of Index Future (bought 3405 long contracts and 269 short contracts were covered) with net OI increasing by 3136 contracts at same time Nifty gained 6.7 points and closed at 6345.65 (Spot)  Vs. 6338.95 (Spot) previous close.

• Nifty is near at resistance FIIs built some new long position & also shorts were squared off and if FIIs continue to cover some more shorts then some upside rally is possible before this expiry.   

• Nifty spot has resistance at 6360 – 6415 & support at 6315 – 6285. 

FII Data Analysis for 23- Jan

•  FIIs bought 2662 contracts of Index Future (bought 9564 long contracts and 6902 short contracts were added) with net OI increasing by 16466 contracts at same time Nifty gained 25 points and closed at 6338.95 (Spot)  Vs. 6314 (Spot) previous close.

• Market is near resistance area and FIIs built some long position & also create some shorts suggest very neutral view.  

•  Nifty spot has resistance at 6360 – 6415 & support at 6295 – 6266. 

FII Data Analysis for 21- Jan

• FIIs sold 3233 contracts of Index Future (sold 17040 long contracts and 13807 short contracts were covered) with net OI decreasing by 30847 contracts at same time Nifty gained 42.3 points and closed at 6303.95 (Spot)  Vs. 6261.65 (Spot) previous close.

• FIIs covered some long as well as shorts position from last two trading sessions suggest some relief rally is possible.

• Nifty spot has resistance at 6325 – 6350 & support at 6245 – 6220. 

Buy: Jindal Steel & Power

Analysis:

• Stock has made 52 week high of 447 (16^th Jan 2013) & 52 week low of 181.55 (2^nd August 2013)
• Stock is a forming triangle formation and if closing above 265 would be fresh breakout.
• Momentum oscillators like RSI, stochastic and ADX suggest buy signal.
• Stock is above its 20 days SMA, 50 days EMA suggest short term trend is up.

 
Strategy: - Buy Jindal Steel & Power 260-61 possible Target- 270 - 274 with stop below 256 on closing basis. 

FII Data Analysis for 17- Jan

• FIIs bought 11757 contracts of Index Future (bought 15408 long contracts and 3651 short contracts were added) with net OI increasing by 19059 contracts at same time Nifty gain 2 points and closed at 6318.9 (Spot)  Vs. 6320.9 (Spot) previous close.

• FIIs adding long as well as shorts position today also, tough time for bulls as well as bears for a while. After yesterday’s rally nifty consolidates today suggest bullish range construction.

• Nifty spot has resistance at 6345 – 6400 & support at 6295 – 6270. 

FII Data Analysis for 16- Jan

• FIIs bought 15354 contracts of Index Future (bought 21433 long contracts and 6079 short contracts were added) with net OI increasing by 27512 contracts at same time Nifty gain 79.05 points and closed at 6320.9 (Spot)  Vs. 6241.85 (Spot) previous close.

• FIIs adding long as well as shorts position today, nifty is making symmetrical triangle pattern on daily chart and broken upward slopping trendline suggest bullish sentiment ahead.

• Nifty spot has resistance at 6340 - 6400 & support at 6270 – 6240. 

FII Data Analysis for 15- Jan

• FIIs sold 13253 contracts of Index Future (bought 4934 long contracts and 18187 short contracts were added) with net OI increasing by 23121 contracts at same time Nifty lost 30.9 points and closed at 6241.85 (Spot)  Vs. 6272.75 (Spot) previous close.

• FIIs creating shorts position today suggest FIIs using rally to be short opportunity, every rise in nifty may use as selling opportunity as market not able to sustain above 6250 resistance zone.

• Nifty spot has resistance at 6250 – 6285 & support at 6230 – 6213 – 6195. 

FII Data Analysis for 14- Jan

• FIIs bought 29672 contracts of Index Future (bought 15906 long contracts and 13766 short contracts were covered) with net OI increasing by 2140 contracts at same time Nifty gain 101.3 points and closed at 6272.75 (Spot)  Vs. 6171.45 (Spot) previous close.

• As mention in last report FIIs start short covering and nifty not broken support levels and bounces back and broken resistance of 6250 spot level & rallied.

• Nifty spot has resistance at 6325 – 6360 & support at 6240 – 6180. 

Buy & accumulate E-Clerx

• Stock has made 52 week high of 1247.70 (11^th Nov 2013) & 52 week low of 599 (25^th March 2013)
• There is a triangle breakout as shown by above daily chart.
• Momentum oscillators like RSI, stochastic and ADX suggest buy signal.
• Also the stock took support at 61.8% fib of A to B up swing and resuming its upward momentum suggests bullish strength.   

 Strategy: - Buy & accumulate E-Clerx range 1065-1105 possible Target- 1250 – 1300 with stop below 1050 on closing basis. 

FII Data Analysis for 13- Jan

• FIIs bought 4636 contracts of Index Future (sold 410 long contracts and 5046 short contracts were covered) with net OI decreasing by 5456 contracts at same time Nifty gain 3.1 points and closed at 6171.45 (Spot)  Vs. 6168.35 (Spot) previous close.

• FIIs covered some short position and nifty took support suggest if FIIs starts short covering then some sharp bounce back is possible from here. And if FIIs continue to adding new short position from here then further correction cannot be ruled out.

• Nifty spot has resistance at 6250 – 6300 & support at 6140 – 6098. If support broken and nifty close below support levels then some more down side is expected. 

FII Data Analysis for 10- Jan : Get Ready for some Correction.

• FIIs sold 14974 contracts of Index Future (sold 11536 long contracts and 3438 short contracts were created) with net OI decreasing by 8098 contracts at same time Nifty lost 6.25 points and closed at 6168.35 (Spot)  Vs. 6174.5 (Spot) previous close.

• FIIs creating shorts positions on index future and same time unwinding long contracts from last couple of days. So far from this 6^th Jan (Monday) FIIs unwind 30489 long contracts and creates 57456 short contracts & also FIIs unwind CALL long 35385 contracts and raised PUT long 74907 contracts suggest market may fall in short time.

• Nifty spot has resistance at 6210 – 6260 & support at 6140 – 6098. 

Buy Tata Motor-DVR

Analysis:

• Stock has made 52 week high of 210.30 (5^th Nov 2013) & 52 week low of 121.40 (8^th Aug 2013)

• There is a triangle breakout as shown by above daily chart.

• Momentum oscillators like RSI, stochastic and ADX suggest buy signal.

• Also the stock corrected 24% of A to B up swing and resuming its upward momentum suggests bullish strength.   
•  Strategy: - Buy & accumulate Tata Motor- DVR 190-188 possible Target- 202 -206 with stop below 186 on closing basis. 

FII Data Analysis for 9- Jan

• FIIs sold 16791 contracts of Index Future (sold 14799 long contracts and 1992 short contracts were created) with net OI decreasing by 12807 contracts at same time Nifty gain 12.35 points and closed at 6174.5 (Spot)  Vs. 6162.25 (Spot) previous close.

• FIIs creating shorts positions on index future and same time unwinding long contracts. From last three trading sessions FIIs unwind 18953 long contracts and creates 54018 short contracts suggest bearish sentiment ahead.

•  Nifty spot has resistance at 6194 – 6225 & nifty has support at 6140 – 6115. If support not broken in next 1-2 trading session then sharp bounce back is possible. 

FII Data Analysis for 8- Jan

• FIIs sold 43336 contracts of Index Future (sold 8260 long contracts and 35076 short contracts were created) with net OI increasing by 26816 contracts at same time Nifty lost 29.2 points and closed at 6162.25 (Spot)  Vs. 6191.45 (Spot) previous close.
• FIIs heavily creating shorts positions on index future today and comparison to last trading session. The way FIIs creating positions in index future and options data suggest bearish sentiment.
• Nifty spot has resistance at 6220 – 6255 & nifty has support at 6133 – 6100. 

FII Data Analysis for 7- Jan

• FIIs sold 12844 contracts of Index Future (bought 4106 long contracts and 16950 short contracts were created) with net OI increasing by 21056 contracts at same time Nifty lost 19.7 points and closed at 6191.45 (Spot)  Vs. 6211.15 (Spot) previous close.
• FIIs creating shorts positions on index future today and in comparison to last trading session FIIs increases buying PUT of index future and marginally decreased buying CALL suggest bearish sentiment.
• Nifty spot has resistance at 6225 – 6260 & nifty has support at 6140 – 6100. 

FII Data Analysis for 3-Jan 2013

§  FIIs sold 817 contracts of Index Future (bought 1894 long contracts and 2711 short contracts were entered) with net OI increasing by 4605 contracts at same time Nifty lost 80.5 points and closed at 6221.15 (Spot)  Vs. 6301.65 (Spot) previous close.

§  As we mention from past few days nifty has strong resistance at 6320 levels and it has not been managed to close above this level and drag down sharply today.

§  Nifty spot has resistance at 6260 – 6300 & nifty has support at 6180 – 6140. 

Buy and accumulate: Speciality Restaurants (BSE: 534425)

Speciality Restaurants (CMP- 129)
Analysis:

• Stock was starts correcting from April 2013 to August 2013 as shown to above chart and then starts consolidating. Stock is making trend reversal price pattern on daily chart.
• Stock is facing resistance at 129-130 shown by downward slopping trend line (Blue). Good momentum would be seen on closing above these 130 levels.
• Stock is tagging upper Bollinger band and immediate drag to inside the bands but renew its upward movement by tagging upper Bollinger band again shows bullish sign.
• The momentum oscillator RSI, stochastic & ROC suggest buy signal.
• Volume picked up from past couple of months as shown by arrow which seems good accumulation in this counter.
• Stock is above its 20 days SMA, 50 days EMA and 100 EMA which suggests the stock is in up trend.

Considering above all factors,

Buy Speciality Restaurants at CMP- 129 and add on dips to 125 for the possible target 152 with the stop loss of 122 on weekly closing basis. Time horizon is 3-4 months.

FII Data Analysis for 2-Jan 2013

§  FIIs sold 384 contracts of Index Future (bought 1310 long contracts and 1694 short contracts were entered) with net OI increasing by 3004 contracts at same time Nifty lost 2.35 points and closed at 6301.65 (Spot)  Vs. 6304 (Spot) previous close.

§  Due to New Year holiday FII inflow in Indian market seen very less hence nifty seems very dull during the entire trading session and trading in narrow range of 29 points.

§  Nifty spot has resistance at 6320 – 6338 & nifty has support at 6288 – 6275.