Sunday, 26 January 2014

FII Data Analysis for 27- Jan

  • FIIs sold 30713 contracts of Index Future (sold 11443 long contracts and 18730 short contracts were added) with net OI increasing by 7287 contracts at same time Nifty lost 78.9 points and closed at 6266.75 (Spot)  Vs. 6345.65 (Spot) previous close.
  • Near at resistance zone FIIs built some new short position & also unwind long contracts so nifty drag down heavily.  Bears ruling the war till now so some downside is expected from here.  
  • Nifty spot has resistance at 6290 – 6330 & support at 6260 – 6220. 

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