Nifty shows impulsive move,close above 8750, EOD Analysis

FII's bought 6.2 K contract of Index Future worth 426 cores ,4.8 K Long contract were added by FII's and 1.3 K short contracts were added by FII's. Net Open Interest increased  by 3.4 K contract, so rise in market was used by FII's to enter long and exit  shorts  in  Index futures. EVERY SUCCESS STORY IS ALSO A STORY OF GREAT FAILURE  As discussed last Analysis   Holding 8700 can lead to

Posted in: Technical Analysis