FII FnO Data Analysis for 02 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 01-Mar-12.

1. FII sold   13465  Contracts of NF worth 351.60 cores OI also decreasing  by 13253 contracts.

2. As Nifty Futures was down by 49  points and OI has increased by 13253  contracts means profit booking on shorts which were created yesterday,Also we are seeing Profit Booking in carry over Longs from previous series as SAR level is coming down.
3. Nifty has for third day....

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