Nifty Futures and Bank Nifty Future trading strategy for 26 Dec

1. FIIs  bought 5565  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 178.28 cores with net Open Interest increasing by 25987 contracts.
2. As CNX Nifty Future was up by 12 points with Open Interest in Index Futures increasing by 25987, so FIIs have created longs  in  Nifty and Bank Nifty Futures.Nifty Futures  has been trading in tight range with very low volumes as most of FII have gone for holidays.

3. NS closed at 5856 after making high ...

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