FII Derivative Data Analysis for 14 August Trade in Nifty Future

The Grind down continue, another low volume day with nifty going up in dying hours of trade on low volumes. Today's total contract traded in Nifty is second lowest in 2012. Looking at FII derivative trade its seems they have lost interest in trading NF. Today's moves can be reversed tomorrow as Nifty has gone up with very less volumes.We have Inflation data coming tomorrow and also Holiday ahead on 15 August. So trading interest will remain less.
1. FII  sold 1049  Contracts of NF ,worth 27.69 cores  with net OI increasing by 22065 contracts.
2. As Nifty Future was up by 26 points and OI has increased by 22065 , FII have covered shorts and initiated fresh longs in Index futures. Volumes traded in NF warrants caution.

3. NS closed at 5348 after making a high...

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