Nifty had a fantastic start of year up 12.6% till date rising on back of equity buying by FII and value buying seen by HNI and retailers.
FII has pumped in 8000 cores in Jan Month alone,One of the biggest buying streak seen in recent times. Next week will be an interesting trading week as Nifty is approaching the crucial 200 DMA zone .
Last week we discussed Nifty Trend deciding level as 4995  is bound to move up and same happened this week with Nifty made a high of 5217 just …

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Below is my Interpretation of FII OI data Sheet for 25-Jan-12.
 

1. FII  sold  887  Contracts in NF worth 14.64  Cores in Index Futures with Open Interest decreasing  by 273257 contracts.
2. Yesterday was Expiry and FII have rollovered there longs to next series with Huge Decrease in OI worth 273257 contracts.
3. The February series started off with an open interest of Rs27,499 crore in stock futures, Rs12,914 crore in Nifty futures, Rs45,111 crore …

Below is my Interpretation of FII OI data Sheet for 24-Jan-11.

1. FII  bought  6911  Contracts in NF worth 184.64  Cores in Index Futures with Open Interest increasing  by 33701 contracts.
2. As Nifty Future  was up  by 70  points and OI has increased today, with rise in price so FII have created fresh longs   in Index futures.RBI played a crucial role in yesterday breakout above 5068. Nifty moved above 5068 which was a breakout trade,and closed above 5100.We gave indication 3 days before when we saw Liquidation of 5100 CE which …

2012 started with a bearish noises all around and traders shorting stocks index on every rise. Investors were not deploying cash thinking of getting stocks at more lower levels. But market always move against the mass psychology and its Proved TRUE yes again. 
Nifty is up 9.2% in January 2012 Till date.In fact, this is best performance in January Month in last 10 years . The rise is driven by FII Funds Flows and anticipation of RBI easing rates after monetary tightening cycles of past 2 years . RBI …

The Week Ended up with the inevitable,long due and  bold decision by S&P Rating agency: Downgrade of EU Nations
 

Standard & Poor’s carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings, Nine of the 17 members of the euro area had their credit ratings cut by S&P. France and four other countries suffered a one-notch downgrade while Portugal, Italy, Spain and Cyprus were cut by two notches.

The decision of S&P will have impact on Europe Financial Stability fund (EFSF) …

Below is my Interpretation of FII OI data Sheet for 10-Jan-11.

1. FII bought   43859  Contracts in NF worth 1054.37  Cores in Index Futures with Open Interest increasing  by 32891 contracts.
2. As NF  was up by 120  points and OI has increased today, with rise in price so FII have created long in Index futures.From past 2 days all dips were bought by FII as pointed in yesterdays post and today it showed it effect. Breakout above 4800 showed its effect.
3. Nifty is forming a contracting triangle on hourly charts both …

The Opening Week of New year 2012 was won by Bulls as Nifty closed up by 2% in a range bound and dramatic closing of week as market was open on Saturday also.
One interesting observation i found out on Facebook thought of sharing with readers
On 6 Feb 2010 Markets were open on Saturday and Nifty was trading ,High was 4768 and Low was 4712,4712 remained low for almost 2 years. So do we see the History repeating again ?
Another Interesting aspect for this week gone by was Food Inflation which …

Below is my Interpretation of FII OI data Sheet for 4-Jan-11.

 
1. FII sold   6528  Contracts in NF worth 148 Cores in Index Futures with Open Interest increasing  by 17730 contracts.
2. As NF  was down by 23 points and OI has increased today, As price was down marginally and FII were sellers so i am coming to conclusion they shorted more at higher level. To add to my fact is Nifty is unable to cross the resistance of 4800. It made 3 attempt today 4773,4781 and 4783  and all were sold …

Below is my Interpretation of FII OI data Sheet for 3-Jan-11.

 
 
1. FII bought   32,722 Contracts in NF worth 765.93 Cores in Index Futures with Open Interest increasing  by 24,178 contracts.
2. As NF  was  up  by 136  points  with Open Interest increase by  FII . Rise  in OI with Rise  in price means  shorts were squared off still no indication of Long entry by FII in Nifty Futures. We get such sharp and swift rally the last one was on 21 Dec  in a while and it gets fade off  in …

Below is my Interpretation of FII OI data Sheet for 2-Jan-11.

1. FII sold   18,284 Contracts in NF worth 419.15  Cores in Index Futures with Open Interest increasing  by 5958 contracts.
2. As NF  was  up  by 16  points  with Open Interest increase by  FII . Rise  in OI with Rise  in price means  shorts were squared off as we know FII are carrying shorts or they have added more short in today’s small upmove. As FII Volumes are quiet low so its difficult to intrepert at this juncture were it shorts …