Nifty held of to 8710, EOD Analysis

FII's sold 3.9 K contract of Index Future worth 274 cores ,633 Long contract were added by FII's and 4.6 K short contracts were added by FII's. Net Open Interest decreased  by 5.2 K contract, so rise in market was used by FII's to enter long and enter  long in  Index futures.Calm Mind Lead to Bigger Opportunity As discussed in last analysis  8710 is held again suggesting move till 8800

Posted in: Technical Analysis