FII FnO Data Analysis for 09 march Trade for Nifty Futures

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 were done by institutions

3. Yesterday close was very crucial for ....

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

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