FII FnO Data Analysis for 17 Feb Trade for Nifty Futures
Below is my Interpretation of FII OI data Sheet for 16-Feb-12.
1. FII sold 11985 Contracts of NF worth 329.57 cores OI also increasing by 11051 contracts.
2. As Nifty Futures was down by 15 points and OI has decreased by 11051 contracts means marginal shorts were added by FII on higher levels.
3. After a huge rally was 112 points yesterday today was a day of consolidation with a negative bias. Bears were able to dominate bulls during the morning session and Bulls were able to close index above 5500.
4. Noises for .....
Read the Full Story
1. FII sold 11985 Contracts of NF worth 329.57 cores OI also increasing by 11051 contracts.
2. As Nifty Futures was down by 15 points and OI has decreased by 11051 contracts means marginal shorts were added by FII on higher levels.
3. After a huge rally was 112 points yesterday today was a day of consolidation with a negative bias. Bears were able to dominate bulls during the morning session and Bulls were able to close index above 5500.
4. Noises for .....
Read the Full Story
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