FII’s sold 29978 contract of Index Future worth 1145 cores, 24.1 K Long contract were squared off and 5.8 K short contracts were added by FII’s. Net Open Interest decreased by 18.2 K contract. With fall of 127 points FII’s have added few shorts and mostly profit booking in existing long contracts. As discussed yesterday EW… Read More »
This is what we discussed yesterday Bounce was on back of low volumes and will not be surprised nifty retracing the whole up move tomorrow. 34 HEMA @ 7773 needs to be closely watched tomorrow. As per EW also Nifty made short term top of 7837 and can see a downmove till 7581. Global markets… Read More »
FII’s sold 630 contract of Index Future worth 24 cores, 18.7 K Long contract were added and 19.3 K short contracts were added by FII’s. Net Open Interest came up by 38.1 K contract suggesting FII are adding both long and shorts in market. NIfty closed above the supply zone of 7570-7585 and this zone will… Read More »
FII’s sold 17.4 K contract of Index Future worth 662 cores, 11.5 K Long contract were squared off and 5.8 K short contracts were added by FII’s. Net Open Interest came down by 5.7 K contract suggesting FII are again going short at higher level. Nifty continued with its correction and took support at 7551 as… Read More »
With the Indian Union Budget to be presented on 10 July , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know… Read More »
FII’s sold 14.1 K contract of Index Future worth 550 cores, 6.1 K Long contract were squared off and 7.9 K short contracts were added by FII’s. Net Open Interest came up by 1.8K contract suggesting FII are again going short at higher level. Nifty made a fresh life high today@7809 almost near to out target… Read More »
FII’s bought 4530 contract of Index Future worth 177 cores, 17.3 K Long contract were added and 12.8 K short contracts were added by FII’s. Nifty is up 5% for June expiry major part of gains came in start of series, From 6 June close of 7583 and today close of 7569 nifty has just moved 14 points in… Read More »
FII’s sold 458 contract of Index Future worth 15 cores, 11.9 K Long contract were added and 12.4 K short contracts were added So FII’s went in market with hedged positions adding equally in both Longs and shorts. Nifty after 10 days of consolidation broke on downside, and completed its ABC correction as shown in below chart. As… Read More »
FII’s sold 12.1 K contract of Index Future worth 460 cores, 2.7 K Long contract were added and 14.9 K short contracts were added So FII’s went aggressively short in index futures.My observation is – Institutions short – Big Bears Short – Market Falls – Big Bears Cover – Pigs Short -Institutions Cover – Market… Read More »
FII’s bought 5.7K contract of Index Future worth 216 cores, 9.7 K Long contract were squared off and 15.5 K short contracts were were squared off. So FII’s after today’s volatile move squared off both long and shorts in Index Future. As discussed in yesterday’s analysis caution is advised on longs and today we saw… Read More »