FII FnO Data Analysis for 18 June

FII's sold 4861 contract of Index Future worth 190 cores, 1.3 K Long contract were squared off and 3.5 K short contracts were added. So FII's are continue adding shorts in Index Future even though Nifty has risen around 100 points suggesting rise was backed by short covering only. Nifty after doing consolidation for most of day, showed a fast rise which caught most of traders unaware

Posted in: Technical Analysis