Stock recommendations (equity)

Yagnesh07

Well-Known Member
FII Data Analysis for 1- Jan

 FIIs bought 503 contracts of Index Future (bought 5227 long contracts and 4724 short contracts were entered) with net OI increasing by 9951 contracts at same time Nifty lost 12.9 points and closed at 6304 (Spot) Vs. 6291.10 (Spot) previous close.
 Due to New year & Christmas holiday FII inflow in Indian market seen very less hence nifty seems very dull during the entire trading session.
 Nifty spot has strong resistance at 6320 any close above this level nifty may test 6235 – 6360. Nifty has support at 6288 – 6270.
 

Yagnesh07

Well-Known Member
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.
 

Yagnesh07

Well-Known Member
FII Data Analysis for 10- Jan : Get Ready for some Correction.

FIIs sold 14974 contracts of Index Future (sold 11536 long contracts and 3438 short contracts were created) with net OI decreasing by 8098 contracts at same time Nifty lost 6.25 points and closed at 6168.35 (Spot) Vs. 6174.5 (Spot) previous close.

FIIs creating shorts positions on index future and same time unwinding long contracts from last couple of days. So far from this 6th Jan (Monday) FIIs unwind 30489 long contracts and creates 57456 short contracts & also FIIs unwind CALL long 35385 contracts and raised PUT long 74907 contracts suggest market may fall in short time.

Nifty spot has resistance at 6210 – 6260 & support at 6140 – 6098.
 

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