Wednesday, February 15

FII FnO Data Analysis for 16 Feb Trade for Nifty Futures

 Below is my Interpretation of FII OI data Sheet for 15-Feb-12.

1. FII bought  27955 Contracts of NF worth 770.19 cores OI also increased  by 37,339 contracts.
2. As Nifty Futures was up by 112  points and OI has increased by 37,339 contracts means longs were added by FII.

3. Today was day of Breakout after 7 days of consolidation as we have been pointing out that 5434 is important resistance,Nifty tried its level best to break for 7 days but at last a Gap Up only made it possible to break the Laxman Rekha.
4. Liquidity flown by...

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