Today is an all important event from a Stock Market perspective, Annual Budget 2012 will be presented today by Mr. Pranab Mukurjee. Financial Markets will like Budget to be more of fiscal consolidation ie. Controlling the ballooned Subsidies on Diesel,Petrol and Fertilizers etc. A Pragmatic Budget which paves way for growth by controlling the expenses… Read More »
Below is my Interpretation of FII OI data Sheet for 14-Mar-12. 1. FII bought 31871 Contracts of NF worth 870 cores OI also increasing by 13041 contracts. 2. As Nifty Futures was up by 38 points and OI has increased by 13041 contracts means after 2 days of profit booking institutions are back on buying… Read More »
Below is my Interpretation of FII OI data Sheet for 12-Mar-12. 1. FII sold 24854 Contracts of NF worth 674 cores OI also decreasing by 4252 contracts. 2. As Nifty Futures was up by 24 points and OI has decreased by 4252 contracts means profit booking on longs was done by institutions. 3. Today we… Read More »
Below is my Interpretation of FII OI data Sheet for 07-Mar-12. Wishing all Blog Readers a Happy Holi. 1. FII sold 28305 Contracts of NF worth 742 cores OI also decreasing by 18059 contracts. 2. As Nifty Futures was up by 8 points and OI has decreased by 18059 contracts means profit booking on shorts… Read More »
Below is my Interpretation of FII OI data Sheet for 06-Mar-12. What a wonderful day for Day Traders, Whole months of profits could have been made in a single day. Nifty Futures made a swing of 196 points and if someone would have just followed 5287 (SAR Level) trader would have made decent profits. At… Read More »
Below is my Interpretation of FII OI data Sheet for 01-Mar-12. 1. FII sold 13465 Contracts of NF worth 351.60 cores OI also decreasing by 13253 contracts. 2. As Nifty Futures was down by 49 points and OI has decreased by 13253 contracts means profit booking on shorts which were created yesterday,Also we are seeing… Read More »
Below is my Interpretation of FII OI data Sheet for 29-Feb-12. 1. FII sold 6170 Contracts of NF worth 157 cores OI also increasing by 10790 contracts. 2. As Nifty Futures was down by 2 points and OI has increased by 10790 contracts means shorts were added into the system.Why I say because NF sold… Read More »
Below is my Interpretation of FII OI data Sheet for 28-Feb-12. Yesterday we had a fall of 148 points today a rise of 102 points. We already had discussed possibility of rally today and it got materialized. Hope Traders were able to catch the right directions and make money. Lets move whats in store for… Read More »
Below is my Interpretation of FII OI data Sheet for 27-Feb-12. Today was the day many bears might have rejoiced if they are still holding the shorts 😉 It was a relentless fall in recent times with no pullback coming,Another thing to note is correction always come point to point which basically traps a… Read More »
Below is my Interpretation of FII OI data Sheet for 23-Feb-12. 1. FII bought 4976 Contracts of NF worth 137.31 cores OI also decreasing by 343895 contracts with NF ending the month with 325 points gain 2. As Nifty Futures was down by 30 points and OI has decreased by whopping 343895 contracts means… Read More »