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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 …

The very successful traders have a great attitude about losing. They know it’s going to happen. They don’t take it personally. If anything, they try to find learning experiences from losses. Elsewhere I have written about how good traders view a losing trade as “paying for information”. A trade with an edge that doesn’t go their way either tells them something important about the market, or it tells them something about their execution. Either way, it’s a potential learning experience. Resilience means that the excellent traders trade well out of …

Below is my Interpretation of FII OI data Sheet for 23-Jan-11.

 
1. FII  bought  12617  Contracts in NF worth 323.46  Cores in Index Futures with Open Interest increasing  by 27063 contracts.
2. As Nifty Future  was up  by 3  points and OI has increased today, with rise in price so FII have created fresh longs   in Index futures.Nifty moved in range of just 28 points and still FII created longs in NF. Nifty has lost momentum adn making grinding moves in tight range throughout the day before the crucial RBI meet today.
3. …

Reliance Industries

RIL declared a pretty bad set of numbers and Ambani known for there shrewd business tactics covered the bad result goof up with Buy back with a max price at 870. So When Promoters itself do not consider the current valur of company more than 870 as per current business scenario.
To add to it Buy back @870 does not mean that Stock will trade above 870 a general misconception most of people are having.
It basically means than if stock trades at 550 also Promoters will buy at 550. Maximun …