Tuesday, 12 January 2016
Will Nifty invalidate shark pattern ,EOD Analysis
FII's sold 4.2 K contract of Index Future worth 248 cores ,1.4 K Long contract were added by FII's and 5.6 K short contracts were added by FII's. Net Open Interest increased by 7.1 K contract, so fall in market was used by FII's to enter long and enter shorts in Index futures.Understanding Market Sentiment Nifty Shark pattern again came to rescue for bulls as market again got sold
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