Tuesday, May 8

FII FnO Analysis for 9 May trade in Nifty Future

Below is my FII interpretation for FII datasheet for 9 May

1. FII  sold 4910  Contracts of NF worth 76 cores OI increased by whopping  27192. Number of Contracts sold were less but OI has seen a good increase which suggest more number of shorts have entered the system.
2. As Nifty Futures was down  by 120 points and OI has increased  by 27192 , 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. Today first sign of weakness was visible when Nifty was...

Read the Full Story

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home