Tuesday, June 24, 2014

25.06.2014 levels

25.06.2014 LEVELS
 FII'S ON 24.06.2014 .....BOUGHT NET 284 CR IN CASH....WHILE DII'S SOLD NET 216 CR IN CASH
FII'S IN F&O.....bought net 624 cr in index futures.....bought net 331 cr of index options...and....sold net 280 cr in stocks futures.
SO today was day when fii's were net buyers in cash but they were heavy buyers in index futures
Results market opened little higher on global cues but due to regular buying in index futures by fii's any dip was being bought and mkt did highs of 7616 nf to finally close at 7592 nf on all around sectors buying
NOW moving onward's though opening triggers will come from globe..but as fii's bought today heavy index futures and average trading rate of nifty futures today was 7582 nf which means if fii's were buying index futures at that rate it means they are looking at higher level for market in next 2 days of f&o expiry......watch

We can expect some more upward movement in nifty in coming days

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