Tuesday, March 1, 2016

EOD Analysis 01/03/2016

NIFTY SPOT: 7222.30 (+235.25)

INDEX FUTURE:

Today nifty seen shorts covering and sharply up by 235 points.
FII created 12259 contacts in long positions and covered 2821 contacts in INDEX short positions. FIIs slowly turning to be bullish with INDEX.

INDEX OPTIONS:

FII added 61595 contacts in INDEX CALL LONG options.  Figures indicates FII bullish with INDEX.
INDEX PUT LONG options 38607 contracts added
Index call short positions covered by FII by 6962 contracts
Index put short positions 17785 contracts added.

As per above FII data, Market outlook is bullish. Buy dips will be best strategy

No comments:

Post a Comment