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Market Prediction 27th June 2025

Nifty Outlook Based on FII/DII Activity and Option Chain & derivative market Data
26 June 2025 by
P. Kalita
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Market Prediction 27th June 2025

Description: Today’s market closed at 25,549 (Nifty) and 57,206.7 (Bank Nifty), with strong buying activity from FIIs (₹12,594.38 Cr in cash markets). The derivative market data reveals mixed sentiments, with significant put writing in Nifty and aggressive call selling in Bank Nifty. This analysis decodes FII/DII activity, option chain trends, and global cues to predict tomorrow’s market direction.

Key Observations from Market Participant Data (F&O)

  1. FIIs (Foreign Institutional Investors)
    • Cash Market: Net buyers (₹12,594.38 Cr) – Bullish signal.
    • F&O Activity: Net short in index futures (-63,451 contracts) but long in stock futures (-164,186).
    • Options: Heavy call writing in Nifty (-4,43,344 contracts) and Bank Nifty (-1,79,951).
  2. DIIs (Domestic Institutional Investors)
    • Cash Market: Net sellers (₹195.23 Cr).
    • F&O Activity: Short in stock futures (-1,50,988) but long in index futures (+444).
  3. Pro Traders (High Net Worth Individuals & Proprietary Traders)
    • Net short in both index (-30,762) and stock futures (-1,97,774).
    • Heavy put writing in Nifty (-6,97,501), indicating hedging.
  4. Client (Retail Traders)
    • Net short across futures and options, suggesting caution.

Key Takeaway: FIIs are bullish in cash but hedging in F&O, while Pro traders are bearish. Retail remains cautious.

Nifty & Bank Nifty Option Chain Analysis

Nifty (Current Expiry)

  • Max Pain: 25,500 (PCR: 1.29) – Bullish bias.
  • Highest OI:
    • PE: 25,500 (70,359 contracts) – Strong support.
    • CE: 25,600 (1,15,533 contracts) – Resistance.
  • Put-Call Ratio (PCR): 1.29 (Bullish).
  • IVs (Implied Volatility):
    • Calls: 10.3%
    • Puts: 13.54% (Higher put IV suggests hedging).

Bank Nifty (Current Expiry)

  • Max Pain: 57,200 (PCR: 1.04) – Neutral.
  • Highest OI:
    • PE: 57,200 (90,735 contracts).
    • CE: 57,200 (83,929 contracts).
  • PCR: 1.04 (Slightly bullish).
  • IVs:
    • Calls: 9.5%
    • Puts: 15.87% (Higher put demand).

Key Takeaway: Nifty has strong put support at 25,500, while Bank Nifty is range-bound near 57,200.

Notable Option Activity

Nifty

  • Aggressive Put Writing at 25,500 (70,359 contracts added).
  • Call Unwinding at 25,600 (-54,065 contracts).
  • PCR Change: +38,449 (Bullish shift).

Bank Nifty

  • Call Selling at 57,300 (-24,886 contracts).
  • Put Accumulation at 57,200 (+89,648 contracts).

Key Takeaway: Nifty is bullish, while Bank Nifty is consolidating.

Tomorrow’s Market Prediction

Nifty Outlook

  • Support: 25,500 (Strong Put Base).
  • Resistance: 25,600 (Call OI Wall).
  • Expected Range: 25,450 – 25,700.
  • Bias: Bullish (FII cash buying + Put support).

Bank Nifty Outlook

  • Support: 57,000 (PE OI).
  • Resistance: 57,500 (CE OI).
  • Expected Range: 56,800 – 57,500.
  • Bias: Neutral to Bullish (Depends on FII follow-through).

Institutional Activity & Sentiment

  • FIIs: Bullish in cash, but hedging in F&O.
  • DIIs: Mild selling in cash, neutral in F&O.
  • Pro Traders: Bearish, likely hedging.

Global Cues Impact:

  • Crude Oil: Below $65.5 (Positive for India).
  • Rupee: Near 85.6 (Stable).
  • US Markets: Slight uptick (Supportive).

Trade Recommendations

Nifty

  • Bullish Strategy: Buy 25,500 PE for downside protection.
  • Breakout Trade: Above 25,600, target 25,700.

Bank Nifty

  • Range-bound Strategy: Sell 57,500 CE & Buy 57,000 PE.
  • Breakout Trade: Above 57,500, target 57,800.

Risk Management:

  • Use strict stop-loss (Nifty: 25,450 / Bank Nifty: 56,800).

Final Verdict

Nifty: Bullish (25,500-25,700).

Bank Nifty: Neutral to Bullish (57,000-57,500).

FII cash buying and strong put support in Nifty suggest an upward bias. Bank Nifty may consolidate before a breakout.

Disclaimer: This analysis is for educational purposes only. Consult a financial advisor before trading.


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