Thursday, 5 May 2016
Nifty Bounces but unable to sustain Higher,EOD Analysis
10:07
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FII's sold 21.9 K contract of Index Future worth 1277 cores ,19.7 K Long contract were liquidated by FII's and 2.2 K short contracts were added by FII's. Net Open Interest decreased by 17.5 K contract, so fall in market was used by FII's to exit long and enter shorts in Index futures. How not to Increase Your Trading Losses As discussed in last analysis Nifty made low of 7697 does
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