Open Interest Analysis

[Jayakumar.int]

Nifty 11556(-3) BankNifty 30569(-35)

Nifty futures open Interest went up by +2.5% as fresh longs got added at lower levels. Nifty(spot) has to consolidate above its 100DMA of 11501 for a bounce back towards 11630-11650 levels.

OI in BankNifty declined by -4.3% indicating wind-up of short positions. BankNifty(spot) closed marginally above its 50DMA of 30518, if holds above this level then it can move towards 30750-30800.

 

[timepass]

Hello, is Put Call Ratio relevant in your analysis ? If so, can you please include it in your write up ?

 

[Jayakumar.int]

Hello, is Put Call Ratio relevant in your analysis ? If so, can you please include it in your write up ?

That's relevant only in live market not in Eod as per my analysis, will try to update during live market.....may be after some time.

 

[timepass]

That's relevant only in live market not in Eod as per my analysis, will try to update during live market.....may be after some time.

EOD is good enough. Anyway, it is subject to a lot of change intraday. EOD analysis will be helpful.

 

[Jayakumar.int]

Nifty 11499(-57) BankNifty 30522(-47)

Nifty futures open Interest stayed flat in the last session as no fresh positions got added. Nifty(spot) stayed around 11500 levels in the last two sessions, may weaken further if breaks and holds below 11460, if managed to consolidate then it may bounce back towards 11570-11630.

OI in BankNifty declined by -1.9% indicating wind-up of long positions. BankNifty(spot) if struggles to move above 30700 in the next few sessions then it can weaken to move towards 30200.

 

[Jayakumar.int]

Nifty 11583(+84) BankNifty 30717(+195)

Nifty futures open Interest declined by -5.5% indicating wind-up of short positions. Nifty(spot) managed to consolidate and hold above its 100DMA of 11514, it can bounce towards 11630-11650 levels.

OI in BankNifty declined by -3% as shorts got un-winded. BankNity(spot) after taking support around its 50DMA of 30547, its moving towards its 21DMA of 30875, has to break and hold above this level for any significant upside.

 

[Jayakumar.int]

Nifty 11553(-30) BankNifty 30601(-115)

Nifty futures open Interest declined by -3.6% indicating wind-up of long positions. Nifty(spot) in the last few sessions had stayed in a narrow range of 11500-11650, it has to break this range for the next trend to set.

OI in BankNifty went up by +2% as fresh shorts got added. BankNifty(spot) had caught between its 21 & 50DMA of 30565-30857, can weaken if failed to hold above its 50DMA.

 

[arjungill]

Nifty 11553(-30) BankNifty 30601(-115)

Nifty futures open Interest declined by -3.6% indicating wind-up of long positions. Nifty(spot) in the last few sessions had stayed in a narrow range of 11500-11650, it has to break this range for the next trend to set.

OI in BankNifty went up by +2% as fresh shorts got added. BankNifty(spot) had caught between its 21 & 50DMA of 30565-30857, can weaken if failed to hold above its 50DMA.
View attachment 36165

MR JAYA KUMAR CAN YOU SHARE THIS SHEET

 

[Jayakumar.int]

MR JAYA KUMAR CAN YOU SHARE THIS SHEET

Its only copy-paste from NSE website https://www.nseindia.com/live_marke...ument=FUTIDX&type=-&strike=-&expiry=25JUL2019

 

[Jayakumar.int]

Nifty 11661(+73) BankNifty 30576(+130)

Nifty futures open Interest declined by -1.3% as short positions got un-winded. Nifty(spot) after consolidating above its 100DMA of 11540, its heading towards its 50DMA of 11708.

OI in BankNifty went up by -3.2% indicating un-winding of short positions. BankNifty(spot) would stay with positive bias above 30400 levels, can test its resistance of 30700-30770 levels.