FII F&O Data analysis for 5 Oct trade in Nifty Future

Indian Government has unleashed second wave of  Big Bang Reform 2:Cabinet clears FDI in insurance, pension sector http://bit.ly/PYLlzI .
Nifty had already had an inkling about this and the reason After showing seven sessions of small range trading sessions which we discussed yesterday consolidation with positive bias , Nifty finally staged upside breakout of the overhead resistance of 5740-45 and made a fresh 18 month high of 5807.
Will this rally continue lets see how FII are trading the market?
1. FII bought 24911  Contracts of Index Future,worth 714 cores with net OI decreasing by 1843 contracts.
2. As Nifty Future was up by 57 points and  Open Interest in ...

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