Nifty technical structure before crucial Fed Meet Outcome

FII's sold 5.4 K contract of Index Future worth 217 cores ,5.7 K Long contract were squared off by FII's and 0.2  K  short contracts  were squared off by FII's. Net Open Interest decreased  by 0.6 K contract, so todays rise was used by FII's to exit majority longs and partial shorts in index futures. Trading Rules of Professional Trader Nifty continued with formation of Higher High and

Posted in: Technical Analysis