Below is my Interpretation of FII OI data Sheet for 27 Dec.
1. FII bought 13,409 Contracts in NF worth 317.32 Cores in Index Futures with Open Interest decreasing by 3783 contracts.
2. As NF was up by 38 points with Open Interest decrease by FII . Fall in OI with fall in price means profit booking in longs but the total contract bought have increased which i am assuming they added to there longs at lower levels as Nifty bounced from crucial support of 4738.
3. FII Buy price was 4721 and FII Sell price was..Read the Full story
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Rgds,
Bramesh
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