Below is my Interpretation of FII OI data Sheet for 19-Jan-11.


1. FII  bought  45614  Contracts in NF worth 1133  Cores in Index Futures with Open Interest increasing  by 30362 contracts.
2. As Nifty Future  was up  by 64  points and OI has increased today, with rise in price so FII have created fresh longs   in Index futures.Nifty is moving from gap to gap ie.Opening Gap up and than just consolidating through out the day. Day traders have nothing left to trade and earn after huge gap up.
3. As per yesterdays post we expected to ....

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