Trading Diaries

30th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 54,224 contracts to 0.10 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 21% from 62%.

    2. Long Put Position has increased by 4,16,643 contracts to 7.88 lakh contracts. FII’s + Prop Desk % of total long puts increased to 80% from 65%.

    3. Long Call Position has decreased by 1,04,757 contracts to 5.75 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have decreased indicates bullishness. Long Puts have increased and Long Calls have decreased indicates bearishness.  
  • 1st May 2024 likely Market Direction: Gap Up and Red Candle or Gap Down and Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:20 am (22737):
    • Nifty opened gap up near 22680 and continued moving up indicating long build up and or short covering at this level.
    • Call Change – 0.8Cr Put Change – 1.3Cr
    • Total Call – 6.6Cr Total Put – 4.9Cr
  2. 12:30 pm (22750):
    • Nifty is consolidating between 22700-22780.
    • Call Change – 1.0Cr Put Change – 2.0Cr
    • Total Call – 6.8Cr Total Put – 5.5Cr
  3. 2:31 pm (22770):
    • Nifty is consolidating between 22700-22780.
    • Call Change – 0.8Cr Put Change – 2.0Cr
    • Total Call – 6.6Cr Total Put – 5.6Cr
  4. 3:30 pm (22605):
    • Nifty opened gap up touched a high near 22800 and came under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day from the highs.
    • Call Change – 1.3Cr Put Change – 1.2Cr
    • Total Call – 6.5Cr Total Put – 5.5Cr

28th March 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 55,307 contracts to 0.37 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 80% from 100%.

    2. Long Put Position has decreased by 92,080 contracts to 1.26 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 74% from 80%.

    3. Long Call Position has decreased by 98,351 contracts to 0.24 lakh contracts. FII’s + Prop Desk % of total long calls is constant at 100%.

  • Conclusion: Futures shorts have decreased indicates bullishness. Long Puts decrease is in line with Long Calls decrease indicates indecision.  
  • 1st April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

 

    1. 12:24 pm (22482):

      • Nifty opened gap up touched a high near 22530 and has come under selling pressure indicating long unwinding and short build up at this level.
      • Call Change – 2.5Cr Put Change – 2.3Cr
      • Total Call – 6.1Cr Total Put – 5.0Cr
    2. 2:16 pm (22457):

      • Nifty is consolidating between 22400-22530.
      • Call Change – 2.4Cr Put Change – 2.4Cr
      • Total Call – 5.5Cr Total Put – 5.1Cr
    3. 3:30 pm (22462):

      • Nifty opened gap up and continued moving up. Nifty has given a closing above its open indicating long build up and short covering during the day.
      • Call Change – 2.0Cr Put Change – 1.9Cr
      • Total Call – 5.1Cr Total Put – 4.6Cr

1st April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 9,858 contracts to 0.27 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 75% from 80%.

    2. Long Put Position has decreased by 1,13,147 contracts to 0.13 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 22% from 74%.

    3. Long Call Position has decreased by 4,596 contracts to 0.19 lakh contracts. FII’s + Prop Desk % of total long calls is constant at 100%.

  • Conclusion: Futures shorts have decreased indicates bullishness. Long Puts decrease is higher than Long Calls decrease indicates bullishness.  
  • 2nd April 2024 likely Market Direction: Gap Up and or Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:09 am (22433):
    • Nifty opened with a small gap down and is consolidating between 22400-22500.
    • Call Change – 1.7Cr Put Change – 1.2Cr
    • Total Call – 6.6Cr Total Put – 5.7Cr
  2. 1:07 pm (22418):
    • Nifty is consolidating between 22350-22450.
    • Call Change – 2.4Cr Put Change – 1.4Cr
    • Total Call – 7.2Cr Total Put – 6.1Cr
  3. 2:57 pm (22432):
    • Nifty is consolidating between 22350-22450.
    • Call Change – 2.5Cr Put Change – 1.3Cr
    • Total Call – 7.5Cr Total Put – 5.7Cr
  4. 3:30 pm (22453):
    • Nifty opened with a small gap down and has given a closing slightly below its open indicating long unwinding and or short build up during the day.
    • Call Change – 1.8Cr Put Change – 1.0Cr
    • Total Call – 6.7Cr Total Put – 5.4Cr

2nd April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 554 contracts to 0.28 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 73% from 75%.

    2. Short Put Position has increased by 17,959 contracts to 0.05 lakh contracts. FII’s + Prop Desk % of total short puts increased to 12% from Nil%.

    3. Short Call Position has increased by 1,87,767 contracts to 1.69 lakh contracts. FII’s + Prop Desk % of short long calls increased to 100% from Nil%.

  • Conclusion: Futures shorts have increased indicates bearishness. Short Puts increase is lower than Short Calls increase indicates bearishness.  
  • 3rd April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:23 am (22455):
    • Nifty opened gap down touched a low near 22350 and bounced up indicating long build up and or short covering at this level.
    • Call Change – 1.9Cr Put Change – 1.9Cr
    • Total Call – 8.4Cr Total Put – 7.1Cr
  2. 12:19 pm (22483):
    • Nifty continued moving up indicating long build up and or short covering.
    • Call Change – 1.6Cr Put Change – 2.5Cr
    • Total Call – 9.1Cr Total Put – 7.6Cr
  3. 2:32 pm (22459):
    • Nifty is consolidating between 22400-22500.
    • Call Change – 1.5Cr Put Change – 3.2Cr
    • Total Call – 8.0Cr Total Put – 8.4Cr
  4. 3:30 pm (22435):
    • Nifty opened gap down and bounced up from 22350 levels. Nifty has given a closing above its open indicating long build up and or short covering during the day from the lows.
    • Call Change – 3.1Cr Put Change – 2.3Cr
    • Total Call – 9.6Cr Total Put – 7.6Cr

3rd April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 2,131 contracts to 0.30 lakh contracts. FII’s + Prop Desk % of total short futures increased to 74% from 73%.

    2. Long Put Position has increased by 2,05,460 contracts to 2.00 lakh contracts. FII’s + Prop Desk % of total long puts increased to 82% from Nil%.

    3. Short Call Position has decreased by 1,61,100 contracts to 0.08 lakh contracts. FII’s + Prop Desk % of short calls is constant at 100%.

  • Conclusion: Futures shorts have increased indicates bearishness. Long Puts increase is higher than Short Calls decrease indicates bearishness.  
  • 4th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Short futures get unwound it will move the market higher from open price.

Actual Market movement during the day:

  1. 10:23 am (22442):
    • Nifty opened gap up touched a high near 22620 and came under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 12.6Cr Put Change – 7.2Cr
    • Total Call – 22.0Cr Total Put – 14.7Cr
  2. 1:08 pm (22470):
    • Nifty touched a low near 22300 and bounced up indicating long build up and or short covering at this level.
    • Call Change – 10.4Cr Put Change – 10.3Cr
    • Total Call – 19.7Cr Total Put – 17.7Cr
  3. 2:35 pm (22560):
    • Nifty continued moving up indicating long build up and or short covering.
    • Call Change – 8.4Cr Put Change – 11.2Cr
    • Total Call – 18.9Cr Total Put – 17.3Cr
  4. 3:30 pm (22515):
    • Nifty opened gap up and touched a high near 22620 and came under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day from the highs.
    • Call Change – 1.2Cr Put Change – 1.2Cr
    • Total Call – 2.6Cr Total Put – 2.2Cr

4th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 7,631 contracts to 0.22 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 69% from 74%.

    2. Long Put Position has increased by 49,218 contracts to 2.49 lakh contracts. FII’s + Prop Desk % of total long puts increased to 85% from 82%.

    3. Long Call Position has increased by 1,37,590 contracts to 1.30 lakh contracts. FII’s + Prop Desk % of long calls increased to 100% from Nil%.

  • Conclusion: Futures shorts have decreased indicates bullishness. Long Puts increase is lower than Long Calls increase indicates bullishness.  
  • 5th April 2024 likely Market Direction: Gap Up and Red Candle or Gap Down and Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:21 am (22475):
    • Nifty opened gap down and is consolidating between 22400-22500.
    • Call Change – 1.7Cr Put Change – 1.4Cr
    • Total Call – 3.7Cr Total Put – 3.6Cr
  2. 12:22 pm (22502):
    • Nifty is consolidating between 22470-22520.
    • Call Change – 2.4Cr Put Change – 2.0Cr
    • Total Call – 5.0Cr Total Put – 4.2Cr
  3. 2:52 pm (22496):
    • Nifty is consolidating between 22470-22530.
    • Call Change – 2.7Cr Put Change – 2.2Cr
    • Total Call – 5.2Cr Total Put – 4.4Cr
  4. 3:30 pm (22514):
    • Nifty opened gap down and touched a low near 22420 and bounced up. Nifty has given a closing above its open indicating long build up and or short covering during the day from the lows.
    • Call Change – 2.0Cr Put Change – 1.7Cr
    • Total Call – 4.6Cr Total Put – 3.9Cr

5th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 4,082 contracts to 0.18 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 64% from 69%.

    2. Long Put Position has decreased by 40,236 contracts to 2.09 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 82% from 85%.

    3. Long Call Position has increased by 4,33,253 contracts to 5.41 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures shorts have decreased indicates bullishness. Long Puts have decreased and Long Calls have increased indicates bullishness.  
  • 8th April 2024 likely Market Direction: Gap Up and or Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:04 am (22616):
    • Nifty opened gap up and continued moving up indicating long build up and or short covering at this level.
    • Call Change – 0.7Cr Put Change – 1.6Cr
    • Total Call – 3.7Cr Total Put – 3.6Cr
  2. 1:30 pm (22646):
    • Nifty continued moving up indicating long build up and or short covering.
    • Call Change – 0.7Cr Put Change – 3.9Cr
    • Total Call – 5.9Cr Total Put – 6.8Cr
  3. 3:30 pm (22666):
    • Nifty opened gap up and continued moving up. Nifty has given a closing above its open indicating long build up and or short covering during the day.
    • Call Change – 0.5Cr Put Change – 3.0Cr
    • Total Call – 5.7Cr Total Put – 5.9Cr

8th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 9,189 contracts to 0.09 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 41% from 64%.

    2. Short Put Position has increased by 3,06,340 contracts to 0.97 lakh contracts. FII’s + Prop Desk % of total short puts increased to 100% from Nil%.

    3. Long Call Position has decreased by 4,21,886 contracts to 1.37 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures shorts have decreased indicates bullishness. Short Puts have increased and Long Calls have decreased indicates indecision.  
  • 9th April 2024 likely Market Direction: Gap Up and Red Candle or Gap Down and Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 11:39 am (22750):
    • Nifty opened gap up near 22770 and is consolidating between 22670-22770.
    • Call Change – 1.5Cr Put Change – 3.1Cr
    • Total Call – 7.7Cr Total Put – 8.2Cr
  2. 1:30 pm (22677):
    • Nifty touched high near 22770 and came under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 2.6Cr Put Change – 2.2Cr
    • Total Call – 8.1Cr Total Put – 7.9Cr
  3. 2:46 pm (22638):
    • Nifty continued falling indicating long unwinding and or short build up.
    • Call Change – 3.2Cr Put Change – 1.5Cr
    • Total Call – 8.7Cr Total Put – 7.2Cr
  4. 3:30 pm (22643):
    • Nifty opened gap up touched a high near 22770 and came under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day.
    • Call Change – 2.8Cr Put Change – 1.0Cr
    • Total Call – 8.3Cr Total Put – 6.7Cr

9th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Long Futures Position has increased by 20,987 contracts to 0.12 lakh contracts. FII’s + Prop Desk % of total long futures increased to 74% from Nil%.

    2. Long Put Position has increased by 1,67,943 contracts to 0.71 lakh contracts. FII’s + Prop Desk % of total long puts increased to 61% from Nil%.

    3. Long Call Position has decreased by 25,161 contracts to 1.12 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Longs have increased indicates bullishness. Long Puts have increased and Long Calls have decreased indicates bearishness.  
  • 10th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:12 am (22698):
    • Nifty opened gap up near 22730 and came under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 4.2Cr Put Change – 5.2Cr
    • Total Call – 12.9Cr Total Put – 11.5Cr
  2. 1:34 pm (22730):
    • Nifty touched low near 22670 and has bounced up indicating long build up and or short covering at this level.
    • Call Change – 4.6Cr Put Change – 7.3Cr
    • Total Call – 13.5Cr Total Put – 13.0Cr
  3. 2:37 pm (22743):
    • Nifty is consolidating between 22700-22770.
    • Call Change – 3.5Cr Put Change – 6.9Cr
    • Total Call – 12.3Cr Total Put – 12.6Cr
  4. 3:30 pm (22754):
    • Nifty opened gap up touched a low near 22670 and bounced up. Nifty has given a closing above its open indicating long build up and or short covering during the day.
    • Call Change – 0.9Cr Put Change – 1.2Cr
    • Total Call – 2.5Cr Total Put – 2.0Cr

10th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Long Futures Position has increased by 23,585 contracts to 0.36 lakh contracts. FII’s + Prop Desk % of total long futures increased to 100% from 74%.

    2. Long Put Position has increased by 1,33,141 contracts to 2.04 lakh contracts. FII’s + Prop Desk % of total long puts increased to 80% from 61%.

    3. Long Call Position has increased by 1,18,465 contracts to 2.31 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Longs have increased indicates bullishness. Long Puts increase is higher than Long Calls increase indicates bearishness.  
  • 12th April 2024 likely Market Direction: Gap Down and Green Candle or Gap Up and Red Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:00 am (22655):
    • Nifty opened gap down near 22670 and continued falling indicating long unwinding and or short build up at this level.
    • Call Change – 2.2Cr Put Change – 1.1Cr
    • Total Call – 3.8Cr Total Put – 3.4Cr
  2. 12:29 pm (22628):
    • Nifty continued falling indicating long unwinding and or short build up.
    • Call Change – 2.8Cr Put Change – 1.9Cr
    • Total Call – 4.4Cr Total Put – 4.3Cr
  3. 2:20 pm (22550):
    • Nifty continued falling indicating long unwinding and or short build up.
    • Call Change – 3.9Cr Put Change – 1.6Cr
    • Total Call – 5.2Cr Total Put – 4.1Cr
  4. 3:30 pm (22519):
    • Nifty opened gap down and continued falling. Nifty has given a closing below its open indicating long unwinding and or short build up during the day.
    • Call Change – 3.4Cr Put Change – 1.3Cr
    • Total Call – 4.6Cr Total Put – 4.0Cr

12th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Long Futures Position has decreased by 22,702 contracts to 0.13 lakh contracts. FII’s + Prop Desk % of total long futures decreased to 77% from 100%.

    2. Long Put Position has increased by 1,78,253 contracts to 3.82 lakh contracts. FII’s + Prop Desk % of total long puts increased to 88% from 80%.

    3. Short Call Position has increased by 2,61,708 contracts to 0.31 lakh contracts. FII’s + Prop Desk % of short calls increased to 100% from Nil%.

  • Conclusion: Futures Longs have decreased indicates bearishness. Long Puts have increased and Short Calls have increased indicates bearishness.  
  • 15th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Short futures get unwound it will move the market higher from open price.

Actual Market movement during the day:

  1. 10:19 am (22371):
    • Nifty opened gap down touched a low near 22260 and and has recovered indicating long build up and or short covering at this level.
    • Call Change – 1.6Cr Put Change – 1.5Cr
    • Total Call – 4.9Cr Total Put – 5.6Cr
  2. 12:44 pm (22375):
    • Nifty touched a high near 21450 and has come under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 2.3Cr Put Change – 2.0Cr
    • Total Call – 5.7Cr Total Put – 6.1Cr
  3. 2:24 pm (22313):
    • Nifty continued falling indicating long unwinding and or short build up.
    • Call Change – 3.0Cr Put Change – 1.7Cr
    • Total Call – 6.1Cr Total Put – 6.1Cr
  4. 3:30 pm (22273):
    • Nifty opened gap down touched a high near 22450 and came under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day from the highs.
    • Call Change – 2.6Cr Put Change – 0.3Cr
    • Total Call – 5.7Cr Total Put – 4.7Cr

15th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 38,124 contracts to 0.25 lakh contracts. FII’s + Prop Desk % of total long futures increased to 57% from Nil%.

    2. Long Put Position has decreased by 1,89,234 contracts to 1.93 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 80% from 88%.

    3. Short Call Position has increased by 4,72,708 contracts to 5.04 lakh contracts. FII’s + Prop Desk % of short calls is constant at 100%.

  • Conclusion: Futures Shorts have increased indicates bearishness. Long Puts decrease is lower than Short Calls increase indicates bearishness.  
  • 16th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Short futures get unwound it will move the market higher from open price.

Actual Market movement during the day:

  1. 10:13 am (22196):
    • Nifty opened gap down touched a low near 22100 and has recovered indicating long build up and or short covering at this level.
    • Call Change – 2.1Cr Put Change – 1.1Cr
    • Total Call – 6.5Cr Total Put – 5.9Cr
  2. 12:11 pm (22163):
    • Nifty touched a high near 22210 and has come under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 2.9Cr Put Change – 1.1Cr
    • Total Call – 6.3Cr Total Put – 5.9Cr
  3. 3:05 pm (22128):
    • Nifty continued falling indicating long unwinding and or short build up.
    • Call Change – 3.6Cr Put Change – 0.7Cr
    • Total Call – 6.6Cr Total Put – 5.5Cr
  4. 3:30 pm (22148):
    • Nifty opened gap down touched a low near 22080 and has bounced up. Nifty has given a closing above its open indicating long build up and or short covering during the day from the lows.
    • Call Change – 2.9Cr Put Change – 0.5Cr
    • Total Call – 6.4Cr Total Put – 5.3Cr

16th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 37,316 contracts to 0.63 lakh contracts. FII’s + Prop Desk % of total long futures increased to 77% from 57%.

    2. Long Put Position has increased by 1,70,945 contracts to 3.64 lakh contracts. FII’s + Prop Desk % of total long puts increased to 89% from 80%.

    3. Long Call Position has increased by 5,65,040 contracts to 0.61 lakh contracts. FII’s + Prop Desk % of long calls increased to  100% from Nil%.

  • Conclusion: Futures Shorts have increased indicates bearishness. Long Puts increase is lower than Long Calls increase indicates bullishness.  
  • 18th April 2024 likely Market Direction: Gap Down and Green Candle or Gap Up and Red Candle. If Put Call Parity Short futures get unwound it will move the market higher from open price.

Actual Market movement during the day:

  1. 10:39 am (22200):
    • Nifty opened gap up touched a high near 22280 and has come under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 11.2Cr Put Change – 8.0Cr
    • Total Call – 18.5Cr Total Put – 13.0Cr
  2. 12:37 pm (22300):
    • Nifty touched a low near 22150 and has bounced up indicating long build up and or short covering at this level.
    • Call Change – 9.5Cr Put Change – 16.7Cr
    • Total Call – 17.9Cr Total Put – 20.5Cr
  3. 2:21 pm (22153):
    • Nifty touched high near 22330 and has come under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 10.2Cr Put Change – 11.3Cr
    • Total Call – 16.5Cr Total Put – 16.4Cr
  4. 3:30 pm (21996):
    • Nifty opened gap up touched a high near 22330 and has come under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day from the highs.
    • Call Change – 1.5Cr Put Change – 1.4Cr
    • Total Call – 3.1Cr Total Put – 4.1Cr

18th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 49,311 contracts to 1.12 lakh contracts. FII’s + Prop Desk % of total long futures increased to 85% from 77%.

    2. Long Put Position has increased by 1,78,016 contracts to 5.42 lakh contracts. FII’s + Prop Desk % of total long puts increased to 92% from 89%.

    3. Long Call Position has increased by 68,523 contracts to 1.30 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have increased indicates bearishness. Long Puts increase is higher than Long Calls increase indicates bearishness.  
  • 19th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Short futures get unwound it will move the market higher from open price.

Actual Market movement during the day:

  1. 10:01 am (21896):
    • Nifty opened gap down touched a low near 21770 and has bounced up indicating long build up and or short covering at this level.
    • Call Change – 1.5Cr Put Change – 1.0Cr
    • Total Call – 3.9Cr Total Put – 5.0Cr
  2. 12:22 pm (21965):
    • Nifty continued moving up indicating long build up and or short covering at this level.
    • Call Change – 1.6Cr Put Change – 1.3Cr
    • Total Call – 4.1Cr Total Put – 5.2Cr
  3. 2:29 pm (22133):
    • Nifty continued moving up indicating long build up and or short covering at this level.
    • Call Change – 1.3Cr Put Change – 1.5Cr
    • Total Call – 4.9Cr Total Put – 5.1Cr
  4. 3:30 pm (22147):
    • Nifty opened gap down touched a low near 21770 and has bounced up. Nifty has given a closing above its open indicating long build up and or short covering during the day from the lows.
    • Call Change – 1.0Cr Put Change – 0.9Cr
    • Total Call – 4.6Cr Total Put – 4.4Cr

19th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 8,256 contracts to 1.04 lakh contracts. FII’s + Prop Desk % of total long futures decreased to 84% from 85%.

    2. Long Put Position has decreased by 1,47,967 contracts to 3.94 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 88% from 92%.

    3. Long Call Position has increased by 1,88,321 contracts to 3.18 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have decreased indicates bullishness. Long Puts have decreased and Long Calls have increased indicates bullishness.  
  • 22nd April 2024 likely Market Direction: Gap Up and or Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:52 am (22269):
    • Nifty opened gap up near 22340 and has come under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 1.5Cr Put Change – 1.3Cr
    • Total Call – 6.5Cr Total Put – 5.2Cr
  2. 12:33 pm (22298):
    • Nifty touched a low near 22200 and has bounced up indicating long build up and or short covering at this level.
    • Call Change – 1.7Cr Put Change – 2.0Cr
    • Total Call – 7.1Cr Total Put – 5.8Cr
  3. 2:30 pm (22279):
    • Nifty is consolidating between 22250-22320.
    • Call Change – 2.0Cr Put Change – 2.1Cr
    • Total Call – 7.4Cr Total Put – 5.8Cr
  4. 3:30 pm (22147):
    • Nifty opened gap up touched a low near 22200 and has bounced up. Nifty has given a closing at its open indicating long build up and or short covering during the day from the lows.
    • Call Change – 1.1Cr Put Change – 1.8Cr
    • Total Call – 6.6Cr Total Put – 5.0Cr

22nd April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 845 contracts to 1.05 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 83% from 84%.

    2. Long Put Position has decreased by 1,89,889 contracts to 2.04 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 77% from 88%.

    3. Long Call Position has increased by 77,279 contracts to 2.41 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have increased indicates bearishness. Long Puts decrease is higher than Long Calls decrease indicates bullishness.  
  • 23rd April 2024 likely Market Direction: Gap Up and Red Candle or Gap Down and Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:09 am (22414):
    • Nifty opened gap up near 22450 and has come under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 1.6Cr Put Change – 1.4Cr
    • Total Call – 8.4Cr Total Put – 6.2Cr
  2. 12:20 pm (22419):
    • Nifty is consolidating between 22350-22450.
    • Call Change – 2.2Cr Put Change – 2.2Cr
    • Total Call – 9.1Cr Total Put – 6.9Cr
  3. 2:40 pm (22390):
    • Nifty is consolidating between 22350-22450.
    • Call Change – 2.2Cr Put Change – 1.9Cr
    • Total Call – 9.1Cr Total Put – 6.6Cr
  4. 3:30 pm (22368):
    • Nifty opened gap up near 22450 and has come under selling. Nifty has given a closing below its open indicating long unwinding and or short build up during the day.
    • Call Change – 1.5Cr Put Change – 1.2Cr
    • Total Call – 8.0Cr Total Put – 6.2Cr

23rd April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 1,724 contracts to 1.06 lakh contracts. FII’s + Prop Desk % of total short futures is constant at 83%.

    2. Long Put Position has increased by 66,492 contracts to 2.71 lakh contracts. FII’s + Prop Desk % of total long puts increased to 80% from 77%.

    3. Short Call Position has increased by 2,52,820 contracts to 0.12 lakh contracts. FII’s + Prop Desk % of short calls increased to 100% from Nil%.

  • Conclusion: Futures Shorts have increased indicates bearishness. Long Puts have increased and Short Calls increased indicates bearishness.  
  • 24th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:34 am (22460):
    • Nifty opened gap and continued moving up indicating long build up and or short covering at this level.
    • Call Change – 0.4Cr Put Change – 2.2Cr
    • Total Call – 8.9Cr Total Put – 7.5Cr
  2. 12:28 pm (22460):
    • Nifty is consolidating between 22380-22480.
    • Call Change – 0.7Cr Put Change – 2.7Cr
    • Total Call – 9.1Cr Total Put – 8.1Cr
  3. 2:28 pm (22434):
    • Nifty is consolidating between 22380-22480.
    • Call Change – 1.0Cr Put Change – 2.6Cr
    • Total Call – 9.4Cr Total Put – 7.9Cr
  4. 3:30 pm (22402):
    • Nifty opened gap up touched a high near 22480 and has come under selling. Nifty has given a closing below its open indicating long unwinding and or short build up during the day from the highs.
    • Call Change – 1.5Cr Put Change – 1.8Cr
    • Total Call – 9.8Cr Total Put – 7.7Cr

25th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 55,717 contracts to 0.57 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 81% from 87%.

    2. Long Put Position has decreased by 13,623 contracts to 3.50 lakh contracts. FII’s + Prop Desk % of total long puts is constant at 83%.

    3. Long Call Position has increased by 1,49,752 contracts to 3.50 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have decreased indicates bullishness. Long Puts have decreased and Long Calls have increased indicates bullishness.  
  • 26th April 2024 likely Market Direction: Gap Up and or Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:24 am (22526):
    • Nifty opened gap up near 22620 and came under selling pressure indicating long unwinding and or short build up at this level.
    • Call Change – 1.6Cr Put Change – 1.0Cr
    • Total Call – 4.5Cr Total Put – 3.3Cr
  2. 12:38 pm (22514):
    • Nifty continued falling indicating indicating long unwinding and or short build up at this level.
    • Call Change – 2.1Cr Put Change – 1.2Cr
    • Total Call – 4.9Cr Total Put – 3.8Cr
  3. 2:31 pm (22430):
    • Nifty continued falling indicating indicating long unwinding and or short build up at this level.
    • Call Change – 2.5Cr Put Change – 1.0Cr
    • Total Call – 5.0Cr Total Put – 3.6Cr
  4. 3:30 pm (22420):
    • Nifty opened gap up near 22620 and came under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day.
    • Call Change – 1.7Cr Put Change – 0.5Cr
    • Total Call – 4.1Cr Total Put – 3.4Cr

26th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has increased by 54,463 contracts to 1.12 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 74% from 81%.

    2. Long Put Position has increased by 6,29,833 contracts to 9.80 lakh contracts. FII’s + Prop Desk % of total long puts increased to 86% from 83%.

    3. Long Call Position has increased by 43,307 contracts to 3.93 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have increased indicates bearishness. Long Puts increase is higher than Long Calls increase indicates bearishness.  
  • 29th April 2024 likely Market Direction: Gap Down and or Red Candle. If Put Call Parity Short futures get unwound it will move the market higher from open price.

Actual Market movement during the day:

  1. 10:37 am (22527):
    • Nifty opened gap up touched a low near 22440 and bounced up indicating long build up and or short covering at this level.
    • Call Change – 1.2Cr Put Change – 1.8Cr
    • Total Call – 6.1Cr Total Put – 4.4Cr
  2. 12:14 pm (22557):
    • Nifty continued moving up indicating long build up and or short covering at this level.
    • Call Change – 1.1Cr Put Change – 2.2Cr
    • Total Call – 6.1Cr Total Put – 4.8Cr
  3. 2:42 pm (22624):
    • Nifty continued moving up indicating long build up and or short covering at this level.
    • Call Change – 0.8Cr Put Change – 2.7Cr
    • Total Call – 6.1Cr Total Put – 5.0Cr
  4. 3:30 pm (22643):
    • Nifty opened gap up and continued moving up. Nifty has given a closing above its open indicating long build up and or short covering during the day.
    • Call Change – 0.1Cr Put Change – 1.9Cr
    • Total Call – 5.5Cr Total Put – 4.2Cr

29th April 2024 FPI + Prop Desk F&O Open Interest position analysis:

    1. Short Futures Position has decreased by 47,271 contracts to 0.65 lakh contracts. FII’s + Prop Desk % of total short futures decreased to 62% from 74%.

    2. Long Put Position has decreased by 6,08,073 contracts to 3.71 lakh contracts. FII’s + Prop Desk % of total long puts decreased to 65% from 86%.

    3. Long Call Position has increased by 2,86,344 contracts to 6.79 lakh contracts. FII’s + Prop Desk % of long calls is constant at 100%.

  • Conclusion: Futures Shorts have decreased indicates bullishness. Long Puts have decreased and Long Calls have increased indicates bullishness.  
  • 30th April 2024 likely Market Direction: Gap Up and or Green Candle. If Put Call Parity Long futures get unwound it will move the market lower from open price.

Actual Market movement during the day:

  1. 10:20 am (22737):
    • Nifty opened gap up near 22680 and continued moving up indicating long build up and or short covering at this level.
    • Call Change – 0.8Cr Put Change – 1.3Cr
    • Total Call – 6.6Cr Total Put – 4.9Cr
  2. 12:30 pm (22750):
    • Nifty is consolidating between 22700-22780.
    • Call Change – 1.0Cr Put Change – 2.0Cr
    • Total Call – 6.8Cr Total Put – 5.5Cr
  3. 2:31 pm (22770):
    • Nifty is consolidating between 22700-22780.
    • Call Change – 0.8Cr Put Change – 2.0Cr
    • Total Call – 6.6Cr Total Put – 5.6Cr
  4. 3:30 pm (22605):
    • Nifty opened gap up touched a high near 22800 and came under selling pressure. Nifty has given a closing below its open indicating long unwinding and or short build up during the day from the highs.
    • Call Change – 1.3Cr Put Change – 1.2Cr
    • Total Call – 6.5Cr Total Put – 5.5Cr
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