Wednesday, 1 January 2014

FII Data Analysis for 2-Jan 2013

§  FIIs sold 384 contracts of Index Future (bought 1310 long contracts and 1694 short contracts were entered) with net OI increasing by 3004 contracts at same time Nifty lost 2.35 points and closed at 6301.65 (Spot)  Vs. 6304 (Spot) previous close.
§  Due to New Year holiday FII inflow in Indian market seen very less hence nifty seems very dull during the entire trading session and trading in narrow range of 29 points.

§  Nifty spot has resistance at 6320 – 6338 & nifty has support at 6288 – 6275. 

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