FII F&O Data Analysis for 4 March

1. FIIs sold 9117 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 263 cores with net Open Interest increasing by 4955 contracts. Techniques to Increase Trading Profits
2. As CNX Nifty Future was up by .55  points with Open Interest in Index Futures increasing by 4955 so FII again intitated shorts  in Nifty Futures and Bank Nifty Future.Premium of NF has come down to 10 points from 50 points yesterday.
3. NS closed at 5720 after  making high of 5738 and low of 5682. Nifty has formed bottom of 5672 on Budget day which is 80% retracement from 5527-6112, Holding the same bounce back till 5765 should be ..

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