FII Derivatives Analysis for 22 May Trade
FII FnO Analysis for 22 May trade in Nifty Future
1. FII sold 22391 Contracts of Index Futures worth 547 cores OI increased by 3607.
2. As Nifty Futures was up by 4 points with OI increased by 3607 , FII has liquidated there longs created on Friday and still no fresh shorts have been added in system,Why i say so FII Trend Deciding levels has increased by 10 points to 4671 which means no shorts were added. Rise in Trend Deciding levels means no shorts have entered the system.
3. 4960 was the laxman rekha for bulls and Nifty made a high of 4938 and retreated back,Also we have mentioned the NF range as 4932 in Facebook page and Nifty made a high of 4931.95 and came back.All attempts to go above 4932 were sold into.Now till we are below 4960 bears have upperhand.
4.Good thing about todays pullback was we have filled the gap in opening from...
Read the Full Story
1. FII sold 22391 Contracts of Index Futures worth 547 cores OI increased by 3607.
2. As Nifty Futures was up by 4 points with OI increased by 3607 , FII has liquidated there longs created on Friday and still no fresh shorts have been added in system,Why i say so FII Trend Deciding levels has increased by 10 points to 4671 which means no shorts were added. Rise in Trend Deciding levels means no shorts have entered the system.
3. 4960 was the laxman rekha for bulls and Nifty made a high of 4938 and retreated back,Also we have mentioned the NF range as 4932 in Facebook page and Nifty made a high of 4931.95 and came back.All attempts to go above 4932 were sold into.Now till we are below 4960 bears have upperhand.
4.Good thing about todays pullback was we have filled the gap in opening from...
Read the Full Story
posted by Bramesh at
8:12 PM
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