Thursday, August 23

FII Derivative Data Analysis for 24 August Trade in Nifty Future


Nifty has rallied 3.8% in August Series, many analyst including me have pointed out the dismal volume we are seeing,but it should not deter trades to take long calls reasong being  Low volume is reason to doubt the strength of the rally, but you buy bread with realized gains, not doubts or durability.Volumes are low but that's not going to affect whether or not individuals buy or sell equities at the quoted price. Unless you're throwing around Buffett-level money, there's ample liquidity to buy or sell your entire portfolio. So just based on volumes do not deter to take longs follow the trading system and be on the right side of trade.
1. FII  bought just 13  Contracts of Index Future  ,worth -3.75 cores  with net OI increasing by 19907 contracts.So again we have this weird figure of buying of contract but total figure coming in..

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