- Calendar Year Wise ( Prepared - Because most of the FIIs do financial reporting on calendar year basis in their country)
- Financial Year Wise (Prepared - Because Financial Year Reporting System is applicable in India)
FIIs are booking their huge profits in the long positions in Nifty Future which had created in Calendar Year (2014) & Financial Year (2014-15).
After analyzing the above tables (Calendar-Year basis) , the following inference may be drawn:
FIIs had overall net Long Position in Nifty Future on Calendar-Year basis (2014) Rs. +9674.37 Cr. @ 7402.72 Nifty Spot Level basis.
Now FIIs have overall net Sell Position in Nifty Future on Calendar-Year basis (2015) till 11th June 2015 Rs. -4015.18 Cr @ 8521.78 Nifty Spot Level basis.
It is clear that FIIs have booked at least 50% book profit in their long position in Nifty Future which had created in 2014 (Calendar-Year) basis and earned +1119.06 Points in Nifty Future also.
After analyzing the above tables (Financial-Year basis), the following inference may be drawn:
FIIs had overall net Long Position in Nifty Future on Financial-Year basis (2014-2015) Rs. +7079.08 Cr. @ 7950.58 Nifty Spot Level basis.
Now FIIs have overall net Sell Position in Nifty Future on Financial-Year basis (2015-2016) till 11th June 2015 Rs. -4419..48 Cr @ 8403.95 Nifty Spot Levels basis.
It is clear that FIIs have booked at least 62.43% book profit in their long position in Nifty Future which had created in 2014-2015 (Financial-Year) basis and earned +453.37 Points in Nifty Future also.
FIIs have clearly indicated they are not in mood to buy in the market and 7800 - 7400 will work as major support for Nifty Spot because FIIs have balance long position Rs. +5659.19 Cr @ 7402.72 Nifty Spot Level (On Calendar-Year basis).
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FIIs have balance long position Rs. +2659.60 Cr @ 7950.58 Nifty Spot Level basis (On Financial-Year basis).
Currently Nifty Spot is trading @ 7965.35. As per the sentiment is concern Strong Major Support for Nifty Spot would be 7400 and it is expected that big cash inflow may come in the market at these levels because FIIs have major balance long position (as per calendar year - 2014) in Nifty Future Rs. +5659.19 Cr @ 7402.72 Nifty Spot Level basis. FIIs basically follow calendar-year for filing their accounts. As per the Indian Markets concern it is right time to enter in the market through good SIPs in Mutual Fund and there is need to wait for direct entry in the market. From 1st Oct 2015 market may try to sustain its bottom and after that structural bull run may come in the market. Till August 2015, Market may be very range bound and highly volatile.
