elow is my Interpretation of FII OI data Sheet for 21-Mar-12.
1. FII sold 36292 Contracts of NF worth 988.63 cores OI also decreasing by 5324 contracts.
2. As Nifty Futures was up by 97 points and OI has decreased by 5324 contracts means institutions have booked profit Nifty Future shorts. Now question arises they have sold contracts worth 988 cores which gives conflicting signal, I will give benefit of doubt to more shorts adding at higher levels
3. Nifty 50SMA@ …
1. FII sold 36292 Contracts of NF worth 988.63 cores OI also decreasing by 5324 contracts.
2. As Nifty Futures was up by 97 points and OI has decreased by 5324 contracts means institutions have booked profit Nifty Future shorts. Now question arises they have sold contracts worth 988 cores which gives conflicting signal, I will give benefit of doubt to more shorts adding at higher levels
3. Nifty 50SMA@ …
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