Nifty continues its rise for 5 day, FII FnO Data Analysis

FII's sold 14.3 K contract of Index Future worth 144 cores ,32 K Long contract were added  by FII's and 17.7  K  short contracts  were added by FII's. Net Open Interest increased  by 49.7 K contract, so todays rise was used by FII's to add majority longs and partial shorts in index futures. What happens when US FED Hikes Interest Rate This is what we have discussed in last few analysis

Posted in: Technical Analysis