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Friday, April 25, 2014

Nifty outlook for May Series

FII’s bought 49962 contract of Index Futures worth 1710 cores with net OI decreasing by 2 lakh contracts. So on expiry day FII’s squared off most of shorts they were carrying as rollover in the Nifty at around 59% is lower than the three-month average of 65%, indicating FII’s sees the risk of taking bullish or bearish bets is far too high ahead of the election outcome on May 16.
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2 comments:

  1. UnknownMay 26, 2014 at 2:55 AM

    BUY BANK NIFTY FUTURES ABOVE 15440 TG- 15490/15570/15670 SL- 15340 Free Commodity Tips

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  2. UnknownJune 11, 2014 at 3:35 AM

    BUY BANK NIFTY FUTURES ABOVE 15400 TG- 15450/15530/15630 SL- 15300 Share market intraday tips

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