Nifty: Bullish Harami Cross pattern in daily charts & F&O data

16 mag 2022

- On charts we observe a Bullish Harami Cross in daily charts pattern

F&O trade data analysis

Futures
- Retail traders squared off 10.2K Long position and squared off 12.88K Short position
- FIIs added 10.5K Long contracts and squared off 1.22K Short position
- Proprietary traders squared off 13.77K Long contracts and squared off 1.10K Short contracts

Call Option
- Retail traders added 2.07 Lakh Call Long contracts and added 2.25 Lakh Call Short contracts
- FIIs squared off 14.40K Call Long contracts and squared off 6.83K Call Short position
- Proprietary traders added 65.55K Call Long contracts and added 39.33K Call Short contracts

Put Option
- Retail traders added 4.0 Lakh Put Long contracts and added 3.36 Lakh Put Short contracts
- FIIs squared off 14.12K Put Long contracts and squared off 4.98K Call Short position
- Proprietary traders added 52.7 K Put Long contracts and added 1.06 Lakh Put Short contracts

FIIs have added Net Long in Index Futures on 16 May 2022
On a gross Position basis FIIs Long::Short ratio has come down from 1::5 to currently at 1::2.5

Retail traders have added Net Call Short and have been Net Put buyers on 16 May 2022
Prop traders have squared off Index Futures Long position and have added Net Put Short and have been Net Call buyers on 16th May 2022

Trading view:
Continue to hold our trade position suggested in the previous post with same terms and conditions
- 15720-15680 critical support zone

Take care & safe trading...!!!

To trade with me
Like & Follow!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be