Nifty bounce from SHARK PRZ zone,EOD Analysis

FII's bought 2.7 K contract of Index Future worth 164 cores ,8.4 K Long contract were added by FII's and 5.7 K  short contracts were added by FII's. Net Open Interest increased  by 14.1 K  contract, so today's rise in market was used by FII's to enter long and  enter shorts in  Index futures. Problems Created by Trading Loss As discussed yesterday  Nifty forming  Bullish SHARK pattern

Posted in: Technical Analysis