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Sunday, 25 March 2012

Info Post
Below is my Interpretation of FII OI data Sheet for 23-Mar-12.

1. FII  sold 14228  Contracts of NF worth 391 cores OI also decreasing  by 34982 contracts.

2. As Nifty Futures was up by 45  points and OI has increased by 34982  contracts means  institutions have added  Nifty Future shorts. Swift fall from 5327 NF shorts were added at higher levels.
3. Nifty  50SMA@5277,Nifty just closed at it keeping bulls and bears in state of confusion in further trend of market. Nifty has been in range bound direction in whole March month with volatile moves.
4.Average Traded Price of FII comes at...

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Bramesh
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