Below is my FII interpretation for FII datasheet for 9 May

1. FII  sold 4910  Contracts of NF worth 76 cores OI increased by whopping  27192. Number of Contracts sold were less but OI has seen a good increase which suggest more number of shorts have entered the system.
2. As Nifty Futures was down  by 120 points and OI has increased  by 27192 , which signify more shorts have entered the system. Yesterday as we pointed out FII have used the rise to short the market and today they have added …

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The Glorious Bull run continues in Indian markets with Nifty completing 1000 points in matter of 40 trading sessions. So what all we lost last year have been recovered in 44 days only in 2012.  Central Bank (ECB,FEd and BOJ) who have flushed the market with liquidity subsequently Bull  rally has gripped the stock market and driven the averages up in an almost …

Nifty Daily
Nifty has been correcting 5 days in a row forming lower lows and as per SGX Nifty we will open around 5020-5030 levels
On daily charts Nifty seems to be doing the repeat 08 July as shown in above chart.

It touched 200 DMA
Started Correcting till 50 SMA
Bounced back again to touch 200 SMA and finally collapsed as unable to breach for second time.

Scenario which has payed till now

Nifty touched 200 SMA@5400
Corrected yesterday till 50 SMA@5068
We need to watch from today how it pans out Will it repeat the History ??

From …