Monday, May 7

FII FnO Analysis for 7 May trade in Nifty Future

Below is my FII interpretation for FII datasheet for 7 May

1. FII  sold 44106  Contracts of NF worth 1038 cores OI increased by 25294.
2. As Nifty Futures was down  by 134 points and OI has increased  by 25294 , ie.Fall in Price with Rise in Open Interest,short positions are added by FII.
3. World markets are down in deep Red as US Non Farm payroll data disappointed , Wave of Anti Austerity is sweeping Europe with French President Sarkozy being the 12 Leader who has been given thumps down in Europe and most Shocking Anti bailout parties winning in GREECE. Apart from that our Indian Economy macros ...

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