FII FnO Data Analysis for 14 march Trade for Nifty Futures
Below is my Interpretation of FII OI data Sheet for 13-Mar-12.
1. FII sold 1294 Contracts of NF worth 47 cores OI also decreasing by 9700 contracts.
2. As Nifty Futures was up by 80 points and OI has decreased by 9700 contracts means profit booking on longs was done by institutions.
3. Today we Opened with a Gap of 30 Points and the gap never got sold off ie. no gap filling process took place, which basically means lower levels serious buying is emerging. Shorter who got trapped need to closes there shorts at higher levels
4. Golden Crossover...
Read the Full Story
1. FII sold 1294 Contracts of NF worth 47 cores OI also decreasing by 9700 contracts.
2. As Nifty Futures was up by 80 points and OI has decreased by 9700 contracts means profit booking on longs was done by institutions.
3. Today we Opened with a Gap of 30 Points and the gap never got sold off ie. no gap filling process took place, which basically means lower levels serious buying is emerging. Shorter who got trapped need to closes there shorts at higher levels
4. Golden Crossover...
Read the Full Story
posted by Bramesh at
11:48 PM
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