Wednesday, 18 January 2017

Nifty continues to trade in range of 8460-8370,EOD Analysis

FII's sold 13.4 K contract of Index Future worth 895 cores ,5.8 K Long contract were added by FII's and 19.3 K Short contracts were added by FII's. Net Open Interest increased  by 25.2 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures. Making Overnight Money via Trading As discussed in last analysis   Bulls unable to break 8460 and bear

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