S&P CNX Nifty and Bank Nifty Trading Strategy for 22 Feb

1. FIIs sold 16440  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 486 cores with net Open Interest decreasing by 7418 contracts. Are you trading on Luck or trading Skills ?
2. As CNX Nifty Future was up by 110 points Highest in past 7 months  with Open Interest in Index Futures decreasing by 7418 so FII again did short covering today in Nifty Futures as we discussed yesterday FII carrying shorts in Bank Nifty today Bank Nifty was down 350 points :) .
3. NS closed at 5852 after  making high...

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