Wednesday, March 21

FII FnO Data Analysis for 22 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 21-Mar-12.
1. FII  sold  36292  Contracts of NF worth 988.63 cores OI also decreasing  by 5324 contracts.

2. As Nifty Futures was up by 97  points and OI has decreased by 5324  contracts means  institutions have booked profit  Nifty Future shorts. Now question arises they have sold contracts worth 988 cores which gives conflicting signal, I will give benefit of doubt to more shorts adding at higher levels
3. Nifty  50SMA@ ...

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