Tuesday 15 December 2015

Nifty does 1 SHARK Pattern target,EOD Analysis

FII's sold 8.2 K contract of Index Future worth 437 cores ,6.9 K Long contract were liquidated by FII's and 1.2 K  short contracts were added by FII's. Net Open Interest decreased  by 5.6 K  contract, so today's rise in market was used by FII's to exit long and  enter shorts in  Index futures. Problems Created by Trading Loss As discussed yesterday  Nifty forming  Bullish SHARK pattern

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