Wednesday, 22 January 2014

FII Data Analysis for 23- Jan


  •  FIIs bought 2662 contracts of Index Future (bought 9564 long contracts and 6902 short contracts were added) with net OI increasing by 16466 contracts at same time Nifty gained 25 points and closed at 6338.95 (Spot)  Vs. 6314 (Spot) previous close.
  • Market is near resistance area and FIIs built some long position & also create some shorts suggest very neutral view.  
  •  Nifty spot has resistance at 6360 – 6415 & support at 6295 – 6266. 

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