FII FnO Data Analysis for Feb Expiry

Below is my Interpretation of FII OI data Sheet for 22-Feb-12.

Correction are always fast and furious,and if you are not prepared give you no time to react before you see the screen what has happened.

1. FII sold   12751   Contracts of NF worth 346.98  cores OI also increasing  by whopping  142427 contracts. This is huge increase in OI near expiry.

2. As Nifty Futures was down by 104  points and OI has increased by 142427  contracts means huge shorts  were added by FII on net to net basis.This is the first indication we are getting that FII are entering shorts in system now. Basically it can be looked in 2 ways Booking profits in existing Longs they were helding Secondly Shorting in Big qty. We will get more clarity in coming sessions. 

3. The much awaited ....

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