FII F&O Data analysis for 06 Jan trade in Nifty future

Below is my Interpretation of FII OI data Sheet for 5-Jan-11.


1. FII bought   12,994  Contracts in NF worth 313.55 Cores in Index Futures with Open Interest increasing  by 23116 contracts.
2. As NF  was down by 5 points and OI has increased today, As price was down marginally and FII were buyers as Price(small down tick of 5 points  cannot be considered as selling)  and OI both have changed in positive so some long build up. Nifty  made 5 attempt today 4772,4775,4776,4779 and 4780  and all were sold off.  So means selling pressure is coming to higher end.
3. Today trade in NF was quiet irritating and frustrating....

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