Monday, 17 February 2014

FII Data Analysis for 18- Feb

  • FIIs bought 7859 contracts of Index Future (bought 5369 long contracts and 2490 short contracts were covered) with net OI increasing by 2879 contracts.
  • Today FII bought long contracts and squared off shorts and stayed net buyers in index future. Very heavy open interest built up in 6000 PE and some contracts squared off from 5900 PE suggest some bounce back is possible.
  • Buy Nifty Fut only above 6100 Target- 6126/ 6138  SL- 6082
  • Sell Nifty Fut below 6075 Target- 6058/ 6045  SL- 6092

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