Below is my Interpretation of FII OI data Sheet for 9-Feb-12.
FII sold 2114 Contracts of NF worth 57.54 cores OI also increased by 5120 contracts.
2. As Nifty Futures was up by 49 points and OI has increased by 5K contracts Longs are built into the system .
3. As we discussed yesterday the Impact of INSIDE DAY got unfolded today in last 30 mins. One way move in 15 mins and we broke 5400. The impact was not so explosive as we predicted but still gave some good points to intraday traders.
4. Trending markets can.........
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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/
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