FII Derivative Data Analysis for 27 March trade
Below is my Interpretation of FII OI data Sheet for 26-Mar-12.
1. FII sold 55909 Contracts of NF worth 1435 cores OI also increasing by43783 contracts.
2. As Nifty Futures was up down by 94 points and OI has increased by 43783 contracts means institutions have added Nifty Future shorts. Nifty did a move of 70 points in first 30 min and after that consolidated and gridded in a range for throughout the day. AS we mentioned on Sunday analysis FII are carrying shorts and effect was seen in Opening hours only.
3. Nifty broke the...Read the Full Story
1. FII sold 55909 Contracts of NF worth 1435 cores OI also increasing by43783 contracts.
2. As Nifty Futures was up down by 94 points and OI has increased by 43783 contracts means institutions have added Nifty Future shorts. Nifty did a move of 70 points in first 30 min and after that consolidated and gridded in a range for throughout the day. AS we mentioned on Sunday analysis FII are carrying shorts and effect was seen in Opening hours only.
3. Nifty broke the...Read the Full Story
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