FII Derivative Data Analysis for 29 May Trade in Nifty Future

1. FII  bought 3551  Contracts of Index Futures worth 96 cores OI increased by 38185.
2. As Nifty Futures was up  by 52  points with  OI increased  by38185 , Huge Short were covered by FII.
3. INR closed at new low of 55.14, which also contributed to Bullish bias today,NS has 11 Points gaps which needs to be filled. 4931-4920 is the gap which is left in NS after todays upmove.
4.Nifty today closed above 4960 and also above..

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