Saturday, 31 December 2016

Nifty Bounce 300 Points from gann support zone, EOD Analysis

FII's bought 11.9 K contract of Index Future worth 752 cores ,11.2 K Long contract were added by FII's and 689 short contracts were liquidated by FII's. Net Open Interest increased  by 10.5 K contract, so rise in market was used by FII's to enter long and exit shorts  in  Index futures. Traders New Year's Resolutions for 2017 As discussed in last analysis  Range of 7880-7900 is again

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