FII Derivative Analysis for 10 May trade in Nifty Future
Below is my FII interpretation for FII datasheet for 10 May
1. FII bought 4934 Contracts of NF worth 145 cores OI increased by 7130.
2. As Nifty Futures was down by 22 points and OI has increased by 7130 , which signify more shorts have entered the system. Yesterday as we pointed out FII have used the rise to short the market and today they have added more shorts in the system.
3. Nifty has closed below 5000 which was a psychological level and every attempt to move above 5000 was getting sold into. Today FII average traded Price comes at 5885 which is way above the traded range of 5000 which means FII have carried shorts for tomorrow.
4. Today nifty filled...
Read the Full Story
1. FII bought 4934 Contracts of NF worth 145 cores OI increased by 7130.
2. As Nifty Futures was down by 22 points and OI has increased by 7130 , which signify more shorts have entered the system. Yesterday as we pointed out FII have used the rise to short the market and today they have added more shorts in the system.
3. Nifty has closed below 5000 which was a psychological level and every attempt to move above 5000 was getting sold into. Today FII average traded Price comes at 5885 which is way above the traded range of 5000 which means FII have carried shorts for tomorrow.
4. Today nifty filled...
Read the Full Story
posted by Bramesh at
6:55 AM
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