FII FnO Data Analysis for 20 march Trade for Nifty Futures
Below is my Interpretation of FII OI data Sheet for 19-Mar-12.
1. FII sold 12749 Contracts of NF worth 327.18 cores OI also increasing by 36237 contracts.
2. As Nifty Futures was down by 65 points and OI has increased by 36237 contracts means institutions have shorted Nifty Future.
3.Today we were able to fill the gap from 5292-5220 Low made by Nifty was 5238.As discussed in Weekly analysis Gaps do provide an excellent opportunity to make money and Nifty obliged us.
4. Nifty today bounced...
Read the Full Story
1. FII sold 12749 Contracts of NF worth 327.18 cores OI also increasing by 36237 contracts.
2. As Nifty Futures was down by 65 points and OI has increased by 36237 contracts means institutions have shorted Nifty Future.
3.Today we were able to fill the gap from 5292-5220 Low made by Nifty was 5238.As discussed in Weekly analysis Gaps do provide an excellent opportunity to make money and Nifty obliged us.
4. Nifty today bounced...
Read the Full Story
posted by Bramesh at
9:11 PM
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