Home :: Market Technicals :: Data analysis for the week, 12th February 2024

Data analysis for the week, 12th February 2024

Data , Market , Weekly

| Posted by: Pixarts Trade on February 11, 2024 07:56 PM |

FII & DII Data

Fig. FII & DII Summary

Fig. FII OI Index
Fig. Futures Data

Fig. OI Outstanding

Fig. Cash Market Data
Observations:

FII & DII data suggest market to trade in flat to Bullish:

  • Outstanding puts is 51K bought along with 15K calls – Looks Bullish.
  • Last session FII, PRO, Clients & DII activity – Bullish inclined as FII, Pro & DII But Clients are Bearish.
  • FII stocks is 142Cr bought – Does not hold relevance for intraday.
  • Net Future OI change = have dip to -83K , Improved.

Open Interests

Fig. Intra OI Change NIFTY
data-12-02-2024
Fig. Cumulative OI Change NIFTY
data-12-02-2024
Fig. Intraday OI change Banknifty
data-12-02-2024
Fig. Cumulative OI Change of Banknifty
Observations:

OI data suggest market to remain volatile, No Clear Horizon is visible.

Nifty OI
  • Max OI Calls:: 22000 , 0.75 Cr
  • Max OI Puts:: 21500, 0.52 Cr
  • PCR:: 0.8

Note:: OI suggests a support at 21500 , and a Resistance at 22000. Likely to remain volatile and range bound.

Banknifty OI
  • Max OI Calls:: 46000 , 0.44 Cr
  • Max OI Puts:: 45000, 0.28 Cr
  • PCR:: 0.9

Note:: OI suggests a support at 45000 , and Resistance at 46000. Likely to remain volatile and range bound.

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