FII Data Analysis for 7- Jan

• FIIs sold 12844 contracts of Index Future (bought 4106 long contracts and 16950 short contracts were created) with net OI increasing by 21056 contracts at same time Nifty lost 19.7 points and closed at 6191.45 (Spot)  Vs. 6211.15 (Spot) previous close.
• FIIs creating shorts positions on index future today and in comparison to last trading session FIIs increases buying PUT of index future and marginally decreased buying CALL suggest bearish sentiment.
• Nifty spot has resistance at 6225 – 6260 & nifty has support at 6140 – 6100.