FII F&O Data analysis for 3 Oct trade in Nifty Future

The father of the nation with the tools of truth and nonviolence,
Freed our nation from imperialism,
Follow path of truth and wisdom,
Pay homage to this great leader on Gandhi Jayanti & always.....

1. FII bought 3254  Contracts of Index Future,worth 93.15 cores  with net OI increasing by 6544 contracts. SGX Nifty is trading at 5791 so another gap up on cards.
2. As Nifty Future was up by 25 points and  Open Interest in Index Futures increased by 6544,so  FII have initiated longs  in  Index Future longs in Nifty and Bank Nifty Futures.

3. NS closed at 5719 after making a high ..

Continue Reading