FII FnO Data Analysis for 07 march Trade for Nifty Futures

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 the End of day its all Boils down to your trading discipline.

Ride Profit (using trailing sl) and Cut losses very quickly, An age old adage easy to say difficult to follow.

SP came to power without any support of congress was enuf to spook markets and after a wild swing session we ended near the lows of the day.Markets are bound to remain volatile till 16 march.

1. FII  sold ...

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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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