Wednesday, March 14

FII FnO Data Analysis for 15 march RBI Rate Decision

Below is my Interpretation of FII OI data Sheet for 14-Mar-12.

1. FII  bought  31871  Contracts of NF worth 870 cores OI also increasing  by 13041 contracts.

2. As Nifty Futures was up by 38  points and OI has increased by 13041  contracts means  after 2 days of profit booking institutions are back on buying side and fresh longs were formed in market before the crucial RBI meet.
3. Today we Opened with a Gap of 60 Points and the gaps could not be sustained as we have discussed in our Facebook page One of ...

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