FII FnO Data Analysis for 09 Feb

• FII's sold 29.6 K contract of Index Future worth 1180 cores, 25.9 K Long contract were squared  off by FII's and 3.6K  short contracts  were added by FII's. Net Open Interest decreased  by 22.4 K contract ,so FII's squared  off  long  in Index Futures and added partial shorts.

Nifty corrected for sixth day in a row and Bank Nifty has completed its 10% correction. Both these index are near important Fibonacci Ratio as seen in  below chart. Read this article after wild swing we saw in market last week How to Control Trading Stress

Continue Reading