Saturday, 7 May 2016

Nifty continue to hold gann trendline,EOD Analysis

FII's sold 17.4 K contract of Index Future worth 989 cores ,11.1 K Long contract were liquidated by FII's and 6.2 K short contracts were added by FII's. Net Open Interest decreased  by 4.8 K contract, so fall in market was used by FII's to exit long and  enter  shorts in  Index futures. The Rameswaram BOY who became president As discussed in last analysis  Nifty made low of 7697 does

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