Wednesday 18 November 2015

Nifty again took support at gann arc, Will it hold ?

FII's bought 2.8 K contract of Index Future worth 139 cores ,7.7 K Long contract were added by FII's and 4.9 K  short contracts  were added by FII's. Net Open Interest increased  by 12.7 K contract, so today's fall in market was used by FII's to enter long and add shorts in  Index futures. Are you a "News" Based Trader or Price action Based ? As discussed in last analysis Pyrapoint

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