Wednesday, 30 March 2016

Nifty approaching final target of Butterfly pattern,EOD Analysis

FII's bought 7.8 K contract of Index Future worth 394 cores ,27.6 K Long contract were added by FII's and 19.7 K short contracts were added by FII's. Net Open Interest increased  by 47.4 K contract, so rise in Nifty market was used by FII's to enter  long and  enter shorts in  Index futures.Which type of a trader are you? As discussed in Last Analysis   Nifty did the exact low of 7583

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