Sunday, 22 December 2013

FII Data Analysis for 23- Dec

§  FIIs bought 10914 contracts of Index Future (bought 21464 long contracts and 10550 short contracts were entered) with net OI increasing by 32014 contracts at same time Nifty lost 107.6 points and closed at 6274.25 (Spot)  Vs. 6166.65 (Spot) previous close.
§  As on daily chart nifty took support at upward slopping trendline and volume seems rising suggest strong short term reversal from lower to upper side.
§  On weekly basis FIIs bought net 15199 long contracts & net 6321 short contracts were entered with net OI increased 21520 contracts.
§  Nifty spot support 6235 – 6190 And resistance 6305 – 6360  

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