FII FnO Data Analysis for 14 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 13-Mar-12.

1. FII  sold  1294  Contracts of NF worth 47 cores OI also decreasing  by 9700 contracts.

2. As Nifty Futures was up by 80  points and OI has decreased by 9700  contracts means  profit booking on  longs was done by institutions.

3. Today we Opened with a Gap of 30 Points and the gap never got sold off ie. no gap filling process took place, which basically means lower levels serious buying is emerging. Shorter who got trapped need to closes there shorts at higher levels

4.  Golden Crossover...

Read the Full Story

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Rgds,
Bramesh
09985711341

http://www.brameshtechanalysis.com/

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