FII Derivative Data Analysis for 14 June trade in Nifty Future

1. FII bought 43618 Contracts of NF ,worth 1076 cores. Highest Buy by FII in June series before the crucial inflation data.

2. As Nifty Future was up down by 3 points and OI has increased by 26004 contracts means FII have created fresh longs in Index futures.

3. Nifty made a high of 5144 and closed above both 200 DMA@5069 and 50 DMA@5080, which is a bullish confirmation. Till 4951 is not broken Bulls have upper hand. Tomorrow we have the all important Inflation data and which if it comes at higher end will make it difficult for RBI to cut rates, so an .. http://bit.ly/MBlSYp