Tuesday, 5 April 2016

Nifty breaks gann line, EOD Analysis

FII's sold 22.2 K contract of Index Future worth 1224 cores ,13.6 K Long contract were liquidated by FII's and 8.5 K short contracts were added by FII's. Net Open Interest decreased  by 5 K contract, so fall in Nifty market was used by FII's to exit  long and  enter shorts in  Index futures.Are you Victim of "Over Trading" As discussed in last analysis  Close below 7741 will be Continue

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