FIIs bought 27134 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 784 cores with net Open Interest decreasing by 5034 contracts. FII continued with short covering today, but still no sign of fresh longs.Accepting Loss in trading Nifty continued with its rally, and closed above 50 DMA @5770 which it was… Read More »
1. FIIs bought 1807 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 56.49 cores with net Open Interest decreasing by 3017 contracts. 2. As CNX Nifty Future was down by 15 points with Open Interest in Index Futures decreasing by 3017, so FIIs have booked longs in Nifty and Bank… Read More »
Technical correction is in place giving the breathing space to indicator and cooling off the steam of stocks. Consolidation before the next rally will help market to break the swing high of 5652 and march towards 5740. Expiry is just 5 days away with 51 F&O Stocks moving out so trade these stocks very cautiously.… Read More »
May Lord Ganesh bring you and your family Lots and Lots Of HAPPINESS,LOVE and PROSPERITY… Market never like Surprises and if they come it will factor in keeping worst case scenario in mind. UPA government is under minority with Mamata Banerjee deciding to withdrew her part support. Now UPA is depended upon Mulayam Singh Yadav and… Read More »
1. FII sold 19129 Contracts of Index Future,worth 470.22 cores with net OI decreasing by 33359 contracts. 2. As Nifty Future was down by 8 points and OI has decreased by 33359,FII have booked profit at higher levels today in Nifty and Bank Nifty Futures. 3. NS closed at 5363 above the 61.8% retracement… Read More »
Mario Draghi has delivered the Bazooka for Bulls by saying the below points in his press conference. EU Market are roaring with US markets also climbing as ADP Jobs At 5-Month High ECB HAS DECIDED ON MODALITY FOR BOND PURCHASES IN SECONDARY MARKET DRAGHI SAYS PURCHASES WILL ADDRESS DISTORTIONS IN BOND MARKETS DRAGHI SAYS ECB… Read More »
1. FII bought 7345 Contracts of NF ,worth 183 cores with net OI decreasing by 3965 contracts. 2. As Nifty Future was down by 11 points and OI has decreased by 3965 , FII have started booking profits Index futures. The way we fell down from 5455 NF suggests profit booking. 3. NS closed at… Read More »
CAG Report came market fell from high after making top of 5399.95, interesting thing to note is How emotions and sentiments are used to play the short term phenomenon is market. Everyone knew the Coalgate scam and the extent of damage to exchequer but as soon as report was tabled in the parliament Nifty reacted… Read More »
Below is my Interpretation of FII OI data Sheet for 23-Apr-12. 1. FII sold 21091 Contracts of NF worth 509 cores OI also increased marginally by 6119. 2. As Nifty Futures was down by 103 points and OI has increased by 6119 , ie.Fall in Price with Rise in Open Interest,Fresh shorts were added by… Read More »
I am Looking at FII OI data Sheet for 21Nov, I have made the following Interpretation. Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF 1. FII bought 7105 Contracts in NF worth 169 Cores in Index Futures with Open Interest Increasing by 57929 contracts. FII covered 7… Read More »