Wednesday, December 21

FII F&O Data analysis for 21 Dec trade in Nifty future

Below is my Interpretation of FII OI data Sheet for 20  Dec.


1. FII bought  12975  Contracts in NF worth 290 Cores in Index Futures with Open Interest decreasing by  15933 contracts.
2. As NF  was  down by 70  points  with Open Interest decrease by  FII . Fall in OI with fall  in price means shorts were covered by FII.
3. Capitulation in banking stocks continued and Bank Nifty is down 4.6% in first 2 days of the week.
4. Today fall has an important observation  Fall was lacking...

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