FII F&O Data analysis for 7 Sep trade in Nifty Future

Mario Draghi has delivered the Bazooka for Bulls by saying the below points in his press conference. EU Market are roaring with US markets also climbing as ADP Jobs At 5-Month High

• ECB HAS DECIDED ON MODALITY FOR BOND PURCHASES IN SECONDARY MARKET
• DRAGHI SAYS PURCHASES WILL ADDRESS DISTORTIONS IN BOND MARKETS
• DRAGHI SAYS ECB WILL HAVE A FULLY EFFECTIVE BACKSTOP
• DRAGHI SAYS ECB WILL ACT STRICTLY WITHIN ITS MANDATE, ECB ACTS INDEPENDENTLY, EURO IS IRREVERSIBLE
• DRAGHI SAYS GOVERNMENTS MUST BE READY TO ACTIVATE EFSF, ESM
• DRAGHI SAYS NEED STRICT CONDITIONALITY
• DRAGHI SAYS ECB TOOK DECISION ON COLLATERAL

1. FII  sold 13321  Contracts of Index Future,worth 296.25 cores  with net OI decreasing by  19877 contracts.
2. As Nifty Future was up by 7  points and OI has decreased by..

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