FII Data Analysis for 10- Jan : Get Ready for some Correction.
- FIIs sold 14974
contracts of Index Future (sold 11536 long contracts and 3438 short contracts
were created) with net OI decreasing by 8098 contracts at same time Nifty lost 6.25
points and closed at 6168.35 (Spot) Vs. 6174.5
(Spot) previous close.
- FIIs creating
shorts positions on index future and same time unwinding long contracts from
last couple of days. So far from this 6th Jan (Monday) FIIs unwind 30489
long contracts and creates 57456 short contracts & also FIIs unwind CALL
long 35385 contracts and raised PUT long 74907 contracts suggest
market may fall in short time.
- Nifty spot has
resistance at 6210 – 6260 & support at 6140 – 6098.
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