Day Trading Futures

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RAAMAKANT

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AT THE END OF THE DAY.....

FII'S TODAY SOLD NET 1133 CR IN CASH WHILE DII'S BOUGHT NET 1335 CR IN CASH.
FII'S in F&O sold net 219 cr in index futures, Bought net 777 cr in index options and sold net 1005 cr in stocks futures.

SO today was forth day in row when FII's sold heavy in cash they also sold in index futures though they bought in index
options that was hedge of 7800 puts and 8000 calls. FII's are playing market with options which again shows they are very
cautious. Today FII's sold heavy in stocks futures which further shows unwinding and fresh shorting of stocks futures as today
more than 16,000 contracts were added in stocks futures towards short side.

It was only on fag end that S&P upgraded India's credit outlook from BBB- To BBB STABLE which means now Indian companies
can get more easier funds from abroad and on that market recovered and NF did highs of 8057 to final close the day at 8033
with gain of 61 points in a day.

With continued selling from FII's it is clear that too much upside of market due to any global factor is limited and
FII's are in full mood to have year end profit booking which they normally do in oct month and with Indian market risen
highest this year in world they find some juicy profits here to book.....
 
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