F&O Market Report for Wednesday, 26 Aug 2020

 

F&O Data Analysis for Wednesday, 26^th Aug 2020

This blog contains information and major data points regarding Futures and Options which may be helpful in taking positions or day trades in Markets.

Our major focus will be on Nifty 50 and Nifty Bank. It is recommended to use Desktop-Version of site for better view. And don’t forget to read “AAJ KA GYAN” at the end.

 

Futures and Options data of Index.

Index	Last Price	Chg(Rs.)	Chg(%)	Chg in OI(%)	Prem./Dis.	14-Day High	14-Day Low
Nifty 50	11476.05	+1.90	+0.02 %	-21.54 %	+3.80	11519.45	11111.00
Nifty Bank	23090.75	+264.35	+1.16 %	-18.88 %	-1.40	23168.65	21394.00

 

Index	Max Pain	Put Call Ratio (Monthly)	Highest OI Call Put	Increase in OI Call Put
Nifty 50	11400	1.25	11500 11000	11800 11000
Nifty Bank	22800	1.36	23500 22000	23300 23000

 

FII Activity in F&O

Type	Today’s Activity Amount (In Cr.)	Overall No. of Contracts (OI)	Overall Amount (Cr.)
Stock Options	144.57	77697	5491.20
Stock Futures	-327.53	1279012	90996.33
Index Options	508.23	751027	59720.07
Index Futures	-144.36	142719	10937.87

 

Overall F&O Cues :-

·         More Calls were added in Nifty while Puts were added in Nifty Bank

·         Addition of OI on 23300 and Above calls suggests limited up move in Nifty Bank

·         23000 need to be breached on closing basis for down move

·         Nifty Bank data shows bullish move

·         FIIs cut their Longs on Index and more Puts were made long by them

·         DIIs are continuously selling

·         Max Pain levels suggests 22800 as expiry for Nifty Bank and 11400 for Nifty

·         Put-Call Ratio is maintained at good levels

·         FIIs are still 62% long on Index Futures

·         Data indicates a pause for now which will be followed by more up move

·         Nifty Bank may lead the next rally

 

Market are in Positive trend with Banking and Finance sector leading the rally. Yesterday’s highs (11520 and 23170) are the point where a sharp fall was seen in March month.

Closing above those levels will confirm the up move. Global Markets are mixed. Dow Futures is in red. SGX Nifty indicated a flat open for today. Bullion Markets witnessed a sharp fall yesterday. Dollar is gaining strength.

Currently holding Bearish Call Spread in Nifty Bank which is in loss as markets rallied too much, looking to square off today if yesterday’s highs are breached.

 

AAJ  KA GYAN :-

 

To understand, simplify.

To simplify, lose the pre-conditioned mind.

To lose the pre-conditioned mind, empty it.

To empty the mind, practice Mindfulness.

 

Hope it helps. Don’t forget to share yours thoughts on Twitter @ The_HKD