FII FnO Data Analysis for 20 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 19-Mar-12.

1. FII  sold  12749  Contracts of NF worth 327.18 cores OI also increasing  by 36237 contracts.

2. As Nifty Futures was down by 65  points and OI has increased by 36237  contracts means  institutions have shorted Nifty Future.
3.Today we were able to fill the gap from 5292-5220 Low made by Nifty was 5238.As discussed in Weekly analysis Gaps do provide an excellent opportunity to make money and Nifty obliged us.

4. Nifty today bounced...

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