AFTER ANALYZING THE ABOVE TABLE IT IS CLEAR THAT FIIs HAVE STARTED TO MAKE SHORT POSITION IN INDEX FUTURES INCLUDING NIFTY FUTURES ON 7 MONTHS BASIS.
FIIs CREATED SHORT POSITIONS IN JAN-11, APRIL-11, MAY-11 & JULY-11 RS. 14953.89 CR @ 5668.25 AND CREATED LONG POSITIONS IN FEB-11, MAR-11, & JUNE-11 RS. 14803.38 CR.
MEANS SHORT POSITIONS IN 4 MONTHS (JAN-11, APRIL,11, MAY-11, & JULY-11) = RS. 14953.83 CR.
LONG POSITIONS IN 3 MONTHS (FEB-11, MAR-11 & JUNE-11) = 14803.38 CR. SO FIIs HAS OVERALL NET SHORT POSITION RS. 150.51 CR @ 5582.51.
SO AS PER THE ABOVE ANALYSIS. NIFTY SPOT IS NOT LOOKING ABOVE 5583 - 5610 IN COMING DAYS AND EXPECTED TO TOUCH 5300 ON DOWNSIDE.
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