Nifty Bulls fails to close above 9910,pullback on cards

FII's sold 4 K contract of Index Future worth 252 cores ,238 Long contract were added by FII's and 4.2 K  Short contracts were added by FII's. Net Open Interest increased  by 4.5 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. FII's Long to Short Ratio at 1.13,For the August Series FII have net added shorts 123 K Contract till we do not close

Posted in: Technical Analysis