Monday, 27 July 2015

Nifty breaks 20/100/200 DMA, FII FnO Data Analysis

FII's sold 65 K contract of Index Future worth 1413 cores ,31.9 K Long contract were squared off  by FII's and 33 K  short contracts  were added by FII's. Net Open Interest increased  by 1 K contract, so today's fall was used by FII's to enter  shorts and exit longs in index futures . Why Dalal Street jitter on participatory notes? Nifty broke the Pyrapoint support of 8500 in morning

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