FII FnO Data Analysis for 16 Feb Trade for Nifty Futures
Below is my Interpretation of FII OI data Sheet for 15-Feb-12.
1. FII bought 27955 Contracts of NF worth 770.19 cores OI also increased by 37,339 contracts.
2. As Nifty Futures was up by 112 points and OI has increased by 37,339 contracts means longs were added by FII.
3. Today was day of Breakout after 7 days of consolidation as we have been pointing out that 5434 is important resistance,Nifty tried its level best to break for 7 days but at last a Gap Up only made it possible to break the Laxman Rekha.
4. Liquidity flown by...
Read the Full Story
1. FII bought 27955 Contracts of NF worth 770.19 cores OI also increased by 37,339 contracts.
2. As Nifty Futures was up by 112 points and OI has increased by 37,339 contracts means longs were added by FII.
3. Today was day of Breakout after 7 days of consolidation as we have been pointing out that 5434 is important resistance,Nifty tried its level best to break for 7 days but at last a Gap Up only made it possible to break the Laxman Rekha.
4. Liquidity flown by...
Read the Full Story
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home