FII/DII Data for Today, November 27, 2013:- FII CASH SEGMENT: -48.53 Crore DII CASH SEGMENT: -58.13 Crore INDEX FUTURES: -7.46 Crore INDEX OPTIONS: -241.38 Crore STOCK FUTURES: -97.60 Crore STOCK OPTIONS: +9.53 Crore Nifty open interest is at 85,63,550 down by 15,85,150 with increase in price, because of short covering & bank nifty open interest is at 11,94,775 down by 2,52,050 with increase in price, because of short covering. Increasing price and decreasing OI suggest market is weakening. This FII data clearly suggesting volatile market with negative bias (Range bound) due to expiry. FII once again sold Index futures and looking for downside. FII and DII both sold in cash segment suggesting profit booking in the upside. Remember FIIs bought more than 40k shorts on Index futures till yesterday. Will have a look on today contracts. Conclusion: Trend bearish. cautious on upside.
Posted on: Wed, 27 Nov 2013 13:02:10 +0000
Trending Topics
Recently Viewed Topics
© 2015