F&O – Open Interest Report for 23rd June 2016

The NF opened on a sober note  and trading activity picked up in the 2nd half of the session. It was a dull market till 12.30 PM. “Never short a dull market,” is an old saying that is often repeated on Twitter.  See the volumes broken up below

Foreign institutional investors (FIIs) were net buyers of Rs 82 crores and Domestic institutional investors (DIIs) bought Rs 204 crores in cash too.

FNO segment

Net open interest of Index futures  increased by 13,375 contracts.
FIIs Bot 4,816 contracts of Index Futures, added 2712 contracts of Index Calls and 9836 contracts of  Index Put longs

Put Call Ratio (PCR)

PCR of 8200 strike has gone above 1 and 8300 PCR is 0.4
Max Open Interest is at 8000 PE and 8400 CE
8000 PE  is quoting at 27 and 8400 CE is trading around 48 with 7 calendar days to expiry

Delivery statistics of selected stocks

The triangle which I mentioned yesterday got broken on the upside today. Nifty has shown its intentions today. It wants to go up but will Britain’s EU referendum allow it? We will know that by tomorrow morning!

 Nifty is targeting the 8320-8360 gap area of 21st august 2015!