Tuesday, 15 November 2016

Will Nifty again bounce from Gann Support zone,EOD Analysis

FII's sold 22.4 K contract of Index Future worth 1356 cores ,1.5 K Long contract were liquidated by FII's and 20.9 K short contracts were added by FII's. Net Open Interest increased  by 19.3 K contract, so fall in market was used by FII's to exit long and enter shorts  in  Index futures. As discussed in last analysis Nifty opened with gap down and continued with its fall and closed below

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