FII’s sold 8987 contract of Index Futures worth 300 cores (11.2 K longs were squared off and 2.2 K shorts were squared off in Index Future) with net OI decreasing by 13.4 K contracts.FII’s were square off more today. 6656 got broken and Nifty moves down to 6638 which is near 50% Fibo retracement. Any… Read More »
FII’s bought 26.8 K contract of Index Futures worth 923 cores (31.1 K longs were added and 4.3 K shorts were added for Index Future) with net OI increasing by 35.4 K contracts. So today’s FII’s continue adding longs and also added fresh shorts Index Futures. Nifty reacted from the EW target of 6838 and… Read More »
FII’s bought 6081 contract of Index Futures worth 225 cores (7.6 K longs were added and 1.5 K shorts were added Index Future) with net OI increasing by 9229 contracts. Nifty made a new life high again today 6763 ,and closed above its trendline. Nifty formed again today Hanging Man candle stick third day in row,… Read More »
FIIs bought 26292 contracts of Index Future worth 884 cores (339 Long contracts were added and 25.9 K short contract were squared off ) with net Open Interest decreasing by 25.6 K contracts, so FII’s were in square off mode in shorts. Nifty made a new life high again today 6627,and closing just above the… Read More »
FIIs bought 33307 contracts of Index Future worth 1047 (35365 Long contracts were added and 2058 short contract were added ) with net Open Interest increasing by 37423 contracts, so FII’s added marginal shorts in index future and aggressive longs were added today also. Nifty opened gap up , and quickly moved down to… Read More »
FIIs sold 3542 contracts of Index Future worth 114 (1592 Long contracts were squared off and 1950 short contract were added ) with net Open Interest increasing by 358 contracts, so FII’s added shorts in index future before vote of account. Yesterday we had discussion Nifty is entering now in demand zone of 5970-5950 which… Read More »
FIIs sold 8899 contracts of Index Future worth 262 (14763 Longs were squared off and 5864 shorts were squared off) with net Open Interest decreasing by 20627 contracts, so FII’s squared off both longs and short in one session before expiry. January expiry will be an explosive one,SGX Nifty is trading down 84 points but… Read More »
Last Week Chopad Level of 6266 got triggered on Monday and achieved 1 target on upside.In the run up to the FOMC meeting on Jan 30, where QE3 is expected to be tapered by $10billion, global Equity and currency market have turned jittery. Also sharp decline in value of Argentine PESO by ~15% during the… Read More »
Last week Chopad level of 6187, Nifty did 1 target on downside and 2 target on upside. Last Week was roller coaster ride for Stock market traders/investor as Fed did the taper and RBI kept the rate unchanged, Both events took the market participants by surprise.The market may remain volatile and trade in a range as… Read More »
FIIs bought 10914 contracts of Index Future worth 347 cores (21464 Longs contract were added and 10550 shorts contract were added) with net Open Interest increasing by 32014 contracts, so FII’s added longs but again not a blowout rally is offing as they added shorts. As discussed in last analysis Nifty closed below the upward… Read More »