FII Derivative Data Analysis for 23 March trade
Below is my Interpretation of FII OI data Sheet for 22-Mar-12.
1. FII bought 16884 Contracts of NF worth 452 cores OI also decreasing by 7790 contracts.
2. As Nifty Futures was down by 154 points and OI has decreased by 7790 contracts means institutions have booked profit Nifty Future shorts. Now Question arises who have shorted NF then Well it must be retails and HNI. FII were net buyers today in Futures and Options.
3. Nifty 50SMA@5272, have been breached at last on closing basis which spell troubles for Bulls. Tomorrow will be the real test of this uptrend whether it is able to close above ....
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1. FII bought 16884 Contracts of NF worth 452 cores OI also decreasing by 7790 contracts.
2. As Nifty Futures was down by 154 points and OI has decreased by 7790 contracts means institutions have booked profit Nifty Future shorts. Now Question arises who have shorted NF then Well it must be retails and HNI. FII were net buyers today in Futures and Options.
3. Nifty 50SMA@5272, have been breached at last on closing basis which spell troubles for Bulls. Tomorrow will be the real test of this uptrend whether it is able to close above ....
Read the Full Story
posted by Bramesh at
8:43 PM
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