| FIIs POSITION IN INDEX FUTURES INCLUDING NIFTY FUTURE @ NIFTY SPOT LEVEL BASIS | |||
| | TOTAL NET BUY POSTITON | TOTAL NET SELL POSITION | OVERALL NET LONG/SHORT |
| Jan-11 | Rs. 1789.84 cr. @ 5758.89 | Rs. 6047.07 cr. @ 5705.73 | Rs. -4257.23 cr. @ 5732.31 |
| Feb-11 | Rs. 5660.81 cr. @ 5416.87 | Rs. 4534.15 cr. @ 5418 | Rs. 1611.11 cr. @ 5417.43 |
| | | | |
After analyzing this table Its clearly States that in Jan 2011 FIIs have Net Short Position in Index Futures including NIFTY Future is Rs. -4257.23 Cr. @ 5732.31 and in Feb 2011 FIIs have Net Long Position Rs. 1611.11 Cr @ 5417.43. Means to say the Short Position created @ 5732.31 of Rs. -4257.23 Cr covered @ 5417.43 of Rs. 1611.11 Cr out of Rs. -4257.23 Cr. So Rs. -2646.12 Cr. have remained to cover.
If NIFTY Spot breaks 5410 - 5405 then it can create panic situation in the market. On upside NIFTY Spot is not looking above 5600 - 5610.
To perform such quality analysis and give recommendations , a very good knowledge about market is required. Traders can consult financial advisory services providers if they lack in sufficient market knowledge and can not frame useful trading strategy for themselves.
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