Nifty closes below 8150 as volumes dry up

Last week, Nifty been bearish but with lower volumes. Nifty made a high of 8230.65 and made a low of 8121.95. That’s a range of 108.7 points.  Any break below 8100 with good volumes can test the 8000 puts writers.
December high is 8274.95 and the low  8056.85  a range of 218 pts. The lowest monthly range has been in Oct 2016. On Friday, Nifty’s range for the day was 51.25 points and it closed down 0.17 % compared to Thursday’s closing value.

Traded Value (Rs. In Crores)    18133.91
Traded Quantity (in Lakhs)    7818.05
Number of Trades    7747065
Total Market Capitalisation (Rs. Crores)    10463002

ADVANCES    597
DECLINES    992
UNCHANGED    82

In the cash segment FIIs were net sellers to the tune of Rs 90 crores and DIIs net buyers to the tune of  Rs 30 crores.

Today FIIs sold net 8480 contracts of index futures, sold net 5885 contracts of index calls and bought net 7113 contracts of index puts

Now FIIs are holding net long 42093 contracts of index futures, net short 11871 contracts of index calls and net long 335935 contracts of index puts.

Retailers bought net 6870 contracts of index futures,  bought net 24380 contracts of index calls and sold net 16564 contracts of index puts

Pros bought net 5883 contracts of index futures, sold 18495 net  contracts of index calls and bought net 9451 contracts of index puts.

FII positions in Index puts, futures and calls.

Nifty Put Call Ratio (PCR) data shows support at 8100 and resistance at 8200