FII Derivative Statistics for 8 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 3424 Contracts of Index Future,worth 122 cores with net OI increasing by 12748 contracts.
2. As Nifty Future was up by 26 points with Open Interest in Index Futures increased by 12748, so FII  again intitated fresh longs in Nifty and Bank Nifty Futures.

3. NS closed at 5760 second highest closing in 2012 after making a high of 5777 and low of 5711. So at last we had a closing above 5725 after Obama won today for 2nd time. The theory of breakout is suggesting th..


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