Friday 29 May 2015

Nifty rallies on hope of rate cut,FII FnO Data Analysis

FII's bought 177 K contract of Index Future worth 3823 cores ,121 K Long contract were added by FII's and 55 K  short contracts  were squared by FII's. Net Open Interest increased  by 66 K contract. Highest number of Longs added by FII's in 2015 in single day also before RBI policy on 2 June. Is it possible for an amateur trader to make sustainable profits ? Nifty reacted from the zone

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