Thursday, January 19

FII F&O Data analysis for 19 Jan trade in Nifty future

Below is my Interpretation of FII OI data Sheet for 18-Jan-11.

1. FII  sold 15129  Contracts in NF worth 350  Cores in Index Futures with Open Interest increasing  by 687 contracts.
2. As Nifty Future  was down by 20  points and OI has increased today, with fall in price so FII have booked profit  in Index futures.But still no sign of shorting the index are visible.
3. Today was an expected to be a day of consolidation after a rise of 86 points yesterday and trading was dull in most part of the day with no major moves coming. But consolidation BULLS were winner as they were able to defend the 100 SMA@4831.
4. NF total OI was at 2.1 cores with 14 Lakh liquidation  in  OI,Profit booking was seen by retailers/HNI and DII.
5.FII OI 552296 is......

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