Nifty EOD Analysis for Aug RBI Policy

FII's sold 5 K contract of Index Future worth 420 cores ,3.1 K Long contract were liquidated by FII's and 1.8 K Short contracts were added by FII's. Net Open Interest decreased  by 1.3 K contract, so rise in market was used by FII's to exit long and enter short in  Index futures. FII's Long to Short Ratio at 2.47, FII's have been adding consistent shorts before the RBI policy What not to do

Posted in: Technical Analysis