Wednesday, October 31

FII Derivative Statistics for 1 Nov Trade in Nifty and Bank Nifty Future



1. FII sold 5940 Contracts of Index Future,worth 169 cores with net OI increasing by 2294contracts.
2. As Nifty Future was up by 18 points and  Open Interest in Index Futures increased by 2294, so FII went longs today after several days in Nifty and Bank Nifty Futures.

3. NS closed at 5620 after making a high of 5624  and low of 5583. As discussed yesterday levels to watch is 5585  and today Nifty made a low of 5583 and bounced back, But unable to brea..

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