Below is my FII interpretation for FII datasheet for 7 May
1. FII sold 44106 Contracts of NF worth 1038 cores OI increased by 25294.
2. As Nifty Futures was down by 134 points and OI has increased by 25294 , ie.Fall in Price with Rise in Open Interest,short positions are added by FII.
3. World markets are down in deep Red as US Non Farm payroll data disappointed , Wave of Anti Austerity is sweeping Europe with French President Sarkozy being the 12 Leader who has been given thumps down in Europe …
General Anti-Avoidance Rules (GAAR) is the buzzword for every trader in Indian Stocks, Indian Markets have lost almost 10Billon$ of funds because of lack of clarity on GAAR.It is feared that the new rules could lead to a significantly high tax liabilities for FIIs, even if they route their funds through tax-friendly jurisdictions. Besides, the FIIs could be forced to pass on their tax liabilities to their P-note clients, thus adversely impacting their overall returns on investment.
Nifty is trading at 3 months low and breached the psychological and sacrosanct level …
By: Terry Ashman
If you take a long or short position in the market, the market doesn’t care what price you got in at. It doesn’t care what price anyone got in or out at. It doesn’t care about your analysis or your trading methods.
The market is totally impassive. It is always right. It rolls along and no-one can tell it what to do. If it doesn’t go where your analysis and your trading methods say it should, and you are losing money, it’s no good blaming the market, your broker, …
Below is my FII interpretation for FII datasheet for 3 May
I was not keeping well from past few days,hence unable to update site on time.Thanks all for your well wishes.Will be able to join market only after the current week. Will try to update the FnO data and Stocks ideas on EOD basis.
1. FII bought 2491 Contracts of NF worth 79.59 cores OI decreased by 15425.
2. As Nifty Futures was up by 14 points and OI has decreased by 15425 , ie.Rise in Price with Fall in Open Interest,long liquidation …
The April Series has been listless series which can be best summarized as the series of consolidation after a Topsy turfy ride in volatile march series. Consolidation is an integral part of market which is very much required before next big move. May Series promises to be a month of big moves. Lets jump into technicals on what in for Nifty for month of May.
Nifty Hourly Chart
Hourly chart are trading below the 50 HSMA which means bears are strong upper hand till Nifty is trading below 5226. Bollinger Band pattern …