FII FnO Data Analysis for 01 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 29-Feb-12.

1. FII sold  6170  Contracts of NF worth 157  cores OI also increasing  by 10790 contracts.

2. As Nifty Futures was down by 2  points and OI has increased by 10790  contracts means shorts  were added into the system.Why I say because NF sold off from highs of morning and unable to close above 5400

3. Nifty has for third day closed ...

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

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