Monday, 20 January 2014

FII Data Analysis for 21- Jan

  • FIIs sold 3233 contracts of Index Future (sold 17040 long contracts and 13807 short contracts were covered) with net OI decreasing by 30847 contracts at same time Nifty gained 42.3 points and closed at 6303.95 (Spot)  Vs. 6261.65 (Spot) previous close.
  • FIIs covered some long as well as shorts position from last two trading sessions suggest some relief rally is possible.
  • Nifty spot has resistance at 6325 – 6350 & support at 6245 – 6220. 

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