Saturday 21 May 2016

Nifty close below 7777,EOD Analysis

FII's sold 751 contract of Index Future worth 44.9 cores ,4.1 K Long contract were liquidated by FII's and 3.3 K short contracts were liquidated by FII's. Net Open Interest decreased  by 7.5 K contract, so fall in market was used by FII's to exit long and shorts  in  Index futures.Impossible Is Nothing As discussed in last analysis Close below 7777  can see nifty going till 7678/7546 in

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