FII Derivative Data Analysis for 30 July

August Series started with a big bang gap up opening and reacted sharply from 5149 as discussed in Weekly analysis importance of 5150 level.After a dull July series,August series promises to be a volatile and breakout or breakdown month. Mass psychology which plays an important role in Stock market is on bearish end as we have all sort of troubles deficit monsoon, high interest rate,rising inflation, and bad global outlook on growth. With so many problems one tends to think from bearish angle but always remember market has it mind of own and do not take anything for granted. Stick with your discipline and trading system to make money consistently.


1. FII  bought 60376 Contracts of NF ,worth 1450  cores with net OI increasing by 12160 contracts.
2. As Nifty Future was up by 42 points and OI has increased by 12160 contracts  means FII had taken longs in NF. Rollover data gives the range of NF as 5210-5070 NF

3. NS closed at 5099 which is below both..

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