FIIs are net short 2.80 L index futures contracts (10% long) and extended the short by 6.9K today.
Clients are net long 2.31 L — the opposite side to FII. DIIs are not aligned with FII.
- FII net short−30
- FII cutting today−18
- DII net long+12
- Client net long−10
- Pro net long+5
- FII short build-up: long OI −3.3K, short OI +3.6K.
- FII net sits at the 85th percentile of the last 20 sessions (+1.1σ).
- Over five sessions FII net changed by +15.9K contracts.
- Client (+2.31 L) is on the opposite side of FII (−2.80 L) — a divergence, which needs price confirmation to mean anything.
Track whether the FII side keeps adding OI and whether price follows; a run of FII short covering would signal the divergence resolving.
