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 »
September Series came to an end with Nifty gaining 6%, so whats in store for October series,let see how FII are preparing themselves for October Series. 1. FII bought 10928 Contracts of Index Future,worth 372.44 cores with net OI decreasing by Huge 311707 contracts. 2. As Nifty Future was down by 17 points and Open… Read More »
1. FII bought 21938 Contracts of Index Future,worth 644.96 cores with net OI increasing by Huge 96896 contracts. 2. As Nifty Future was up by 1 points and Open Interest in Index Futures increased by 96896, FII created fresh longs Index Future longs in Nifty and Bank Nifty Futures.Also do note FII are basically… Read More »
August Series started with a big bang gap up opening and reacted sharply from 5149 as discussed in Weekly analysis importance of 5150 level.After a dull July series,August series promises to be a volatile and breakout or breakdown month. Mass psychology which plays an important role in Stock market is on bearish end as… Read More »
The Grinding down continues,Nifty Opens trades in narrow range in better half of the day and some range expansion is seen in the last hour of the day. Ranges are quiet small such consolidation are precursor for directional trending moves ahead. Trade in less quantity and wait for market to show the direction. … Read More »
Below is my Interpretation of FII OI data Sheet for 9-Jan-11. 1. FII bought 4359 Contracts in NF worth 107.69 Cores in Index Futures with Open Interest decreasing by 13454 contracts. 2. As NF was down by 9 points and OI has reduced today, with fall in price so FII have used the morning… Read More »
Below is my Interpretation of FII OI data Sheet for 2-Jan-11. 1. FII sold 18,284 Contracts in NF worth 419.15 Cores in Index Futures with Open Interest increasing by 5958 contracts. 2. As NF was up by 16 points with Open Interest increase by FII . Rise in OI with Rise in price means shorts… Read More »