Monday, March 26

FII Derivative Data Analysis for 27 March trade

Below is my Interpretation of FII OI data Sheet for 26-Mar-12.

1. FII  sold 55909  Contracts of NF worth 1435 cores OI also increasing  by43783 contracts.

2. As Nifty Futures was up down by 94  points and OI has increased by 43783  contracts means  institutions have added  Nifty Future shorts. Nifty did a move of 70 points in first 30 min and after that consolidated and gridded in a range for throughout the day. AS we mentioned on Sunday analysis FII are carrying shorts and effect was seen in Opening hours only.
3. Nifty  broke the...Read the Full Story

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