Monday 17 October 2016

Nifty close on 8520 keeping bulls and bears in dilemma,EOD Analysis

FII's sold 16 K contract of Index Future worth 1032 cores ,17.8 K Long contract were liquidated by FII's and 1.7 K short contracts were liquidated by FII's. Net Open Interest decreased  by 19.6 K contract, so fall in market was used by FII's to exit long and exit shorts  in  Index futures.  Why Trading is a mental game  As discussed last Analysis   On Downside strong support in the range

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