Tuesday, 7 January 2014

FII Data Analysis for 8- Jan

  • FIIs sold 43336 contracts of Index Future (sold 8260 long contracts and 35076 short contracts were created) with net OI increasing by 26816 contracts at same time Nifty lost 29.2 points and closed at 6162.25 (Spot)  Vs. 6191.45 (Spot) previous close.
  • FIIs heavily creating shorts positions on index future today and comparison to last trading session. The way FIIs creating positions in index future and options data suggest bearish sentiment.
  • Nifty spot has resistance at 6220 – 6255 & nifty has support at 6133 – 6100. 

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