FII Data Analysis for Dec 13

FII Data Analysis (Contract wise Open Interest)-

FII DERIVATIVES STATISTICS FOR 12-DEC-2013
	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	36607	1141.01	53342	1659.60	589126	18393.47	-16735
INDEX OPTIONS	372690	11566.18	359325	11179.32	1683893	52361.15	13365
STOCK FUTURES	40112	1112.97	57983	1709.04	1156136	32037.71	-17871
STOCK OPTIONS	32888	928.01	33000	922.54	48929	1328.80	-112

§  FIIs sold 16735 contracts of Index Future (sold 917 long contracts and 15818 shorts were entered)with net OI increasing by 14901 contracts at same time Nifty lost 70.85 points and closed at 6237.05 (Spot)  Vs. 6307.90 (Spot) previous close.

§  Though nifty made all time high but FII doesn’t cover their short positions & steadily creates short positions from past two to three trading sessions suggest absence of bullish strength in the market.

§  Nifty has support at 6210 - 6160 & Resistance at 6290 - 6320

§  Indian Volatility Index VIX up by 1.14% and closed at 17.74 vs. 17.54 suggest negative signal for the market.