Monday, 10 February 2014

FII Data Analysis for 11- feb

  • FIIs bought 1539 contracts of Index Future (square off 1998 long contracts and 3537 short contracts were square off) with net OI decreasing by 5535 contracts.
  • FII covers long as well as short both today. Market could not able to sustain at higher levels and FII continue to short on every rally.
  • Nifty Trading Strategy: 

             Buy Nifty Fut only above 6085 Target- 6108/ 6120  SL-6068                                             
             Sell Nifty Fut below 6055 Target- 6035/ 6018  SL- 6072

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